Previous today, the American Financial Services Association, the Illinois Financial Services Association, the Independent Finance Association of Illinois, plus the Illinois Automobile Dealers Association wrote to Illinois Gov. J.B. Pritzker to state issues with Senate Bill 1792, and urge a veto in the bill, which may produce the Predatory Loan Prevention Act and institute a 36 per cent price limit based on the federal armed forces apr for many loans maybe not surpassing forty thousand bucks, including automobile loans.
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