Financial Reform & Predatory Lending Reform

Resident Action/Illinois continues our work to reform regulations on pay day loans in Illinois, which lock People in the us into a cycle that is insurmountable of. To learn more about the Monsignor John Egan Campaign for Payday Loan Reform, or you have experienced difficulty with payday, automobile installment or title loans, contact Lynda DeLaforgue at Citizen Action/Illinois, 312-427-2114 ext. 202.

The Monsignor John Egan Campaign for Cash Advance Reform

The Campaign for Payday Loan Reform began in 1999, soon after an unhealthy girl found confession at Holy Name Cathedral and spoke tearfully of payday loans to her experience. Monsignor John Egan assisted the lady in paying down both the loans additionally the interest, but their outrage to the unscrupulous loan providers had just begun. He straight away began calling buddies, organizations, and associates to try and challenge this modern usury. Soon after their death in 2001, the coalition he aided to produce ended up being renamed the Monsignor John Egan Campaign for Payday Loan Reform. Resident Action/Illinois convenes the Egan Campaign.

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