March 2021

Illinois Governor JB Pritzker on Tuesday signed a bill that will cap rates at 36% on consumer loans, including payday loans and car titles.The Illinois General Assembly passed the law, the Predatory Loan Prevention Act, in January, but the…

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. Although auto equity…

Kesha Warren needed a short-term cash injection of $ 1,250 to cover the salary costs of her small janitorial services business. In 2019, she took out an auto title loan, a short-term loan that uses the borrower's vehicle as collateral. She…