Blog Posts in Banking

llinois Governor J.B. Pritzker on Tuesday, March 23, 2021, signed into law the Illinois Predatory Loan Prevention Act (SB 1792, 815 ILCS 123/15-1-1 et seq.) that caps rates at 36% on consumer loans ...

Question: What should I do if I got served with court papers for breach of contract and fraud for multiple Internet payday loans? I had several online payday loans prior to July 2013. One became 2 and ...

We offer free consultation to persons with debt collection, foreclosure and credit reporting problems. With respect to collection and foreclosure problems , please send whatever letters, notices, ...

Question: Is there a Statute of Limitations on a bad check? Answer: 2 years for statutory penalty (measured from dishonor); 3 years for liability on the check (same); the underlying obligation may be ...

Please contact us if you stopped payment on a check in Illinois and someone other than your own bank is trying to collect anything more than the face amount of the check from you.

The Consumer Financial Protection Bureau (CFPB) entered into a settlement with USAA Federal Savings Bank . The CFPB complained that USAA would not allow consumers to stop debits of their accounts by ...