Fact Sheets

Children's Savings Accounts

Children’s Savings Accounts – Legislative Resources

March 6, 2017

All children should have the opportunity to thrive. A Universal Children’s Savings Account (CSA) program provides both the hope and the means to expand educational and...

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Consumer Protections

Wage Assignments: Know your Rights

September 1, 2016

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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Asset Building Tools

ABLE Program Fact Sheet

August 5, 2016

Millions of individuals with disabilities rely on public benefits for health care, food, housing, and income. Previously, a means or asset test on Social Security Income...

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Retirement Security

Illinois Secure Choice Savings Program Fact Sheet

July 14, 2016

The Illinois Secure Choice Savings Program i will be available to Illinois workers as early as the fall of 2017. It is one way to help private sector workers save their own...

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College Access

Ban the Box in Higher Education Fact Sheet

May 9, 2016

HB4446, sponsored by Rep. Wheeler & Sen. McGuire, would increase educational opportunities for people with criminal records. The bill would “ban the box” in...

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Racial Equity

Prison Debt Reform Fact Sheet

March 7, 2016

Illinois law allows the State to sue formerly incarcerated individuals – forcing people to pay for their own incarceration. SB2465 will end unfair lawsuits by repealing the...

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Legislative Update

2016 IABG Policy Agenda

January 25, 2016

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

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Consumer Protections

Wage Assignment Fact Sheet & FAQ

January 13, 2016

The Wage Assignment & Consumer Protections Bill (SB2804 / HB5776) addresses a debt collection practice called wage assignments. Wage assignments are a way that...

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Consumer Protections

Wage & Asset Protection Fact Sheets

February 13, 2015

Despite the recent economic recovery, most Illinois families feel financially vulnerable and stressed. Too many Illinois families are struggling with debt and are financially...

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