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Predatory Lending

Fact Sheet: Predatory Loan Prevention Act

January 12, 2021

IABG is partnering with community leaders, including Woodstock Institute, IL PIRG, AARP, SEIU, the Catholic Conference of Illinois, and more than 100 other organizations to...

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Children's Savings Accounts

Children’s Savings Account Implementation Recommendations

October 28, 2020

In 2019, HB2237 was signed into law, creating a statewide CSA program in Illinois, with a $50 seed deposit provided into a 529 account for every child born or adopted in the...

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Asset Poverty

Prosperity Now 2020 Illinois Scorecard

February 1, 2020

The Prosperity Now Scorecard is a comprehensive resource featuring data on family financial health, racial economic inequality, and policy recommendations to help put all...

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Access to Banking

2019 Legislative Roundup: Illinois Takes Steps to Help Families Build Financial Security

June 21, 2019

IABG advocates for policies that close the racial wealth divide, expand savings opportunities, and protect Illinoisans from wealth-stripping financial products and practices....

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Children's Savings Accounts

Illinois Senate Passes Children’s Savings Account Legislation

May 31, 2019

ILLINOIS CSA PROGRAM WOULD BE THE LARGEST IN THE COUNTRY & MAKE IT 3 TIMES MORE LIKELY LOW-INCOME STUDENTS WOULD ENROLL IN COLLEGE On a bipartisan vote of 40-15-0,...

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Consumer Protections

Debt Collection Reform Passes out of the General Assembly

May 21, 2019

On a vote of 55-0-0, the Consumer Fairness Act of 2019 (HB88) passed out of the Senate today with unanimous and bipartisan support. This legislation brings long-overdue...

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Legislative Update

2019 Legislative Update

May 1, 2019

By Sarah Martin, Policy & Advocacy Intern for Heartland Alliance IABG advocates for policies that address the growing racial wealth divide, expand savings opportunities,...

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Consumer Protections

Consumer Fairness Act of 2019 Legislative Resources

Illinois’ debt collection laws are crushing families with debt that can accrue for up to 26 years with a 9% interest rate. The Consumer Fairness Act of 2019 (HB88) will...

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Car Title Lending

Legislation Capping Title Loan Interest Rates Passes out of Committee

March 25, 2019

This year, we are continuing our campaign to pass the Fair Lending Act (HB2468), which caps interest rates on car title loans at 36%. This legislation was introduced in the...

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