Resident Action/Illinois continues our work to reform laws on pay day loans in Illinois, which lock Us citizens into an insurmountable period of financial obligation. For more information on the Monsignor John Egan Campaign for Payday Loan Reform, or you experienced difficulty with payday, car installment or title loans, contact Lynda DeLaforgue at Citizen Action/Illinois, 312-427-2114 ext. 202.
The Campaign for Payday Loan Reform started in 1999, right after an unhealthy girl found confession at Holy Name Cathedral and talked tearfully of her experience with payday advances. Monsignor John Egan assisted the lady in spending off both the loans and also the interest, but their outrage towards the lenders that are unscrupulous just started. He instantly started calling buddies, businesses, and associates to try and challenge this modern usury.Read More