The “payday loan” debate in Springfield

77720976_3392b2c13c_oWhile Despres, Schwartz & Geoghean pursue justice in the courtroom for victims of predatory lenders, legislative efforts in Springfield appear to have stalled. Progress Illinois’ Adam Doster provides an explanation on how a State Representative Julie Hamos’ bill to modestly rein in interest rates failed to generate support in the General Assembly.

(Flickr photo/swanksalot)

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