Both legislators say payday advances might be given at annualized passions rates at a lot more than 400 %.
FREEPORT, Ill. (WIFR) – Rep. Will Guzzardi (D-Chicago) and Rep. Andrew Chesney (R-Freeport) penned an impression editorial type together over their provided desire for defenses against exploitative loans on Monday.
You can easily see the viewpoint editorial with its entirety below.
вЂњWe are a couple of legislators whom donвЂ™t agree with a lot.
Certainly one of us is really a Chicago Democrat whom co-chairs the Illinois home Progressive Caucus. One other is a Northwest Illinois Republican that is a firebrand for Conservative reasons.Read More »Rep. Chesney pencils Op-Ed with Dem Rep. Guzzardi over вЂexploitativeвЂ™ loans