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Heartland Alliance: Historic legislation to prevent predatory loans passing Illinois House

Heartland Alliance: Historic legislation to prevent predatory loans passing Illinois House Heartland Alliance: Historic legislation to prevent predatory loans passing Illinois House SPRINGFIELD, Ill., Jan. 12, 2021 /PRNewswire-PRWeb/ The Illinois House of Representatives passed the Predatory Loan Prevention Act, which if passed by the Senate, would implement a 36 percent interest rate cap on consumer loans, including payday and car title loans. The legislation passed with a bipartisan vote, without a single member voting no. It is part of an omnibus economic equity bill, one of the Illinois Legislative Black Caucus four pillars, sponsored by Rep. Sonya Harper. In Illinois, the average annual percentage rate (APR) on a payday loan is 297 percent, and the average APR on an auto title loan is 179 percent. Federal law already protects active-duty military with a 36 percent APR cap. This bill would extend the same protection to Illinois veterans and all other consumers. Seventeen st

Interactive Brokers Group to Host Fourth Quarter Earnings Conference Call

Haefele Flanagan and Trilogy Partners Announce New Affiliation

Haefele Flanagan and Trilogy Partners Announce New Affiliation Haefele Flanagan and Trilogy Partners Announce New Affiliation Haefele Flanagan, an expert accounting and advisory firm, and Trilogy Partners, a business consulting firm, announce their affiliation today, with a goal of providing complementary services for the benefit of their combined client base. The new affiliation is designed to provide stronger outcomes for each companys clients, whom now have access to holistic business advisory services from strategy through finance. Working with the Haefele Flanagan team, we can reach privately-held companies, family-owned businesses, and nonprofit organizations to better meet and exceed their potential, in both the fundamental and the behavioral aspects of business, said Hal Levenson, Founder and Chief Visionary Officer of Trilogy Partners.

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