Scott Helfand

Scott Helfand

Husch Blackwell LLP

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Illinois Governor Signs 36% Rate Cap On Consumer Loans Into Law

As forewarned in our January 15, 2021 posting, Illinois Governor J.B. Pritzker has signed into law SB 1792, which takes effect immediately. SB 1792, also known, as relevant here, as the Predatory Loan Prevention Act,...more

3/25/2021  /  Annual Percentage Rate (APR) , Consumer Fraud , Financial Institutions , Governor Pritzker , High-Cost Installment Loans , Interest Rate Caps , Predatory Lending , Punitive Damages
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