Payday and name loan providers run rampant in this state, that has little legislation to combat them.

Payday and name loan providers run rampant in this state, that has little legislation to combat them.

Though Chicago is house for some of this country’s best museums, universities and free galleries, the town can also be element of a statewide issue: predatory lending. Payday and name loan providers run rampant in this state, which includes regulation that is little combat them. Lawmakers frequently propose legislation that can help suppress the popularity and spread of those loan providers, however these bills never have fixed the issue. Continue reading “Payday and name loan providers run rampant in this state, that has little legislation to combat them.”