From the U.S. Chamber of Commerce…
Thanks to your grassroots efforts, we have so far stalled a bill in Springfield that would legitimize an industry of “Lawsuit Loan Sharks” in Illinois.
This weekend, the Chicago Tribune editorial board also weighed in, urging the General Assembly to reject this wrongheaded bill:
Bottom line: The bill would give legal certainty to an abusive practice and put it under a light regulatory scheme where it can flourish — spawning lawsuits galore. Illinois already has a notorious reputation for jackpot justice. Kill the bill.
We agree.
Continue reading “
‘Kill’ Lawsuit Loan Shark Bill Editorial Blasts Bill — Help Us Stop it Today!”