Consumer Protections Content

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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Auto Title Lending

Help us Curb Payday & Auto Title Lending

July 20, 2016

The Consumer Financial Protection Bureau (CFPB) recently released proposed rules that aim to curb some of the most abusive predatory lending practices. They are currently...

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Consumer Protections

Legislative Roundup: IABG’s Priorities Advance

June 3, 2016

IABG advocates for policies that close the racial wealth gap and expand savings opportunities. Illinois’ regular legislative session ended on May 31, and we saw...

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Consumer Protections

CFPB Releases Proposed Rules on Predatory Lending

June 2, 2016

Today the Consumer Financial Protection Bureau (CFPB) released proposed rules aimed at addressing some of the worst abuses of the payday lending and auto title lending...

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Consumer Protections

A Day in the Life of an IABG Advocate

April 8, 2016

Ever wonder what it’s like to work in Springfield? Follow me on a recent day in Springfield as I worked to advance IABG’s legislative priorities! 7:30 AM. With a...

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