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Electronic Documents of Illinois

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Title

  • Database Ensures Compliance With States Title Loan Rules: Illinois becomes first state in the country to electronically monitor title lending

Description

  • Department of Financial and Professional Regulation Press release: Illinois borrowers using the title to their car or truck to secure a loan will now have additional protections against predatory lenders who offer to roll over old loans, or urge customers to take a second loan to help make payments.

Originally Deposited as: 10931

Published By:
Phone Number:

Language(s): EN-English

Volume or Year: 2009
Number or Issue: October 1

Date Created: 10 01 2009
Date Last Modified: 10 01 2009

Librarian Remarks:

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1. Press release: Illinois borrowers using the title to their car or truck to secure a loan will now have additional protections against predatory lenders who offer to roll over old loans, or urge customers to take a second loan to help make payments. (100109IDFPRTitleLoanDatabaserelease.doc).
Document Size:233984 Software: Microsoft Office Word Version: 97

This is part of a series. It is part of Press releases from the Governor's agencies: 21566