Consumer Protections Content

Consumer Protections

Congress Moves to Expand the Racial Wealth Gap

May 9, 2017

At a time when wealth inequity is at extremes, it’s been incredibly disappointing to see Congress take several actions this past week that would expand the racial wealth...

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Consumer Protections

New Data Reveals Significant Discrimination in Auto Insurance Rates

May 1, 2017

Discrimination in car insurance rates was an issue raised by many IABG coalition members at our recent convening. To close the racial wealth divide, we have to address...

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Consumer Protections

Fact Sheet: Illinois needs a Strong CFPB

April 25, 2017

The Consumer Financial Protection Bureau (CFPB) reins in predatory practices in mortgage lending, student loans, credit cards, debt collection, payday and title lending and...

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Children's Savings Accounts

2017 Legislative Priorities

March 10, 2017

IABG advocates for policy solutions that close the racial wealth gap, expand savings opportunities, and protect Illinoisans from predatory financial practices. Over the past...

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Consumer Protections

Financial Reforms Under Attack by the New Administration

February 7, 2017

Since its enactment in 2010, the financial reform policies included in the Dodd-Frank Wall Street Reform and Consumer Protection Act have been under constant attack by an...

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Consumer Protections

Consumer Protection Ideas Abound at IABG Convening

November 11, 2016

Last month, the IABG coalition gathered at our #IABG2016 Partner Convening at the Federal Reserve Bank of Chicago. Our last session of the day focused on consumer...

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Alternative Small Dollar Loans

Cynthia’s Story: Medical Bills & Title Loan Create a Debt Trap

October 3, 2016

Dangerous and abusive payday lenders, consumer installment lenders, and auto title lenders continue to strip wealth from Illinois communities. According to the Illinois...

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Consumer Protections

Wage Assignment & Consumer Protections Bill Signed into Law

September 1, 2016

The Wage Assignment & Consumer Protections Bill (SB2804) was signed into law by Governor Rauner on Friday, after passing both the House and Senate unanimously....

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Consumer Protections

Wage Assignments: Know your Rights

Wage assignments are a way that some lenders, particularly payday lenders, take a portion of a borrower’s wages to collect on a loan in default. As of January 1, 2017,...

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