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Edelman Combs Latturner & Goodwin, LLC Edelman Combs Latturner & Goodwin, LLC
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Protecting the Rights of Consumers For Over 25 Years


Loans made to an Illinois resident for nonbusiness purposes at more than 9% interest by anyone who is not a licensed consumer lender, credit union or a bank are not enforceable. Most internet lenders, including especially tribal lenders, are not licensed.

In Indiana, the permitted rate is higher (up to 36%), but still below what Internet lenders typically charge.

Attempts to collect such loans may violate the Fair Debt Collection Practices Act and other laws. If anyone has made such a loan to you or attempts to collect such a loan from you, please contact us.

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