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Posts in November 30, 2022

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Senator Wilcox seeks legislative fix to close loophole that allows pawnbrokers to skirt 36% APR cap on loans

November 30, 2022 -
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State Senator Craig Wilcox (R-McHenry) stood with a bipartisan group of policymakers at the State Capitol on Wednesday to launch new legislation that would close a dangerous loophole in predatory loan practices by pawnbrokers. In 2021, the Legislature adopted the Predatory Loan Prevention Act (PLPA, Senate Bill […]
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