Resident Action/Illinois continues our strive to reform laws on pay day loans in Illinois, which lock People in the us into an insurmountable period of financial obligation. To learn more about the Monsignor John Egan Campaign for Payday Loan Reform, or you have experienced difficulty with payday, automobile title or installment loans, contact Lynda DeLaforgue at Citizen Action/Illinois, 312-427-2114 ext. 202.
The Monsignor John Egan Campaign for Cash Advance Reform
The Campaign for Payday Loan Reform started in 1999, right after an undesirable woman found confession at Holy Name Cathedral and talked tearfully of her experience with pay day loans. Monsignor John Egan assisted the girl in paying down both the loans together with interest, but their outrage towards the lenders that are unscrupulous just started. He straight away started calling buddies, businesses, and associates to try and challenge this usury that is contemporary. Read more