Fact Sheets

Consumer Protections

Letter to Governor Pritzker on HB 862

June 25, 2021

In this letter, members of IABG urge Governor Pritzker to sign HB 862, a measure to set a 7-year statute of limitations on certain debt collections practices, into...

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Retirement Security

Letter to Governor Pritzker on Secure Choice Expansion

In this letter, members of the Illinois Asset Building Group urge Governor Pritzker to sign HB 117, Secure Choice Expansion, into law. Secure Choice Letter to Governor...

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Predatory Lending

Oppose SB2306 / HB3192 – Rate Cap Loophole

March 18, 2021

SB 2306 and HB 3192 would insert the TILA Loophole into the Predatory Loan Prevention Act. The TILA Loophole would allow lenders to charge an unlimited amount of hidden fees...

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Predatory Lending

Take Action: Urge Governor to Sign Predatory Loan Prevention Act

February 16, 2021

IABG, the Woodstock Institute, Illinois PIRG, and over 100 other leaders in Illinois ask you to call Governor Pritzker’s office at 312-814-2121 and urge him to sign SB...

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Predatory Lending

Letter to Governor Pritzker: Predatory Loan Prevention Act

February 1, 2021

A coalition of more than 110 lenders, elected officials, faith leaders and consumer advocates applaud the Illinois Legislature’s passage of the Predatory Loan...

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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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Consumer Protections

Consumer Fairness Act of 2019 Legislative Resources

May 1, 2019

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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Children's Savings Accounts

2019 Children’s Savings Accounts – Legislative Resources

March 18, 2019

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

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Car Title Lending

2019 Title Loan Legislative Resources

January 28, 2019

Title loans prey on Illinoisans with crippling interest rates as high as 360%. In 2017, more than 61,000 Illinoisans were stuck in title loans. These loans trap consumers in...

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