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Illinois Passes Bill Prohibiting Lenders From Charging Significantly More Than 36% APR on Customer LoansIllinois Passes Bill Prohibiting Lenders From Charging Significantly More Than 36% APR on Customer Loans

Illinois Passes Bill Prohibiting Lenders From Charging Significantly More Than 36% APR on Customer Loans On January 13, the Illinois legislature unanimously passed the Predatory Loan Prevention Act (SB 1792)