File:Ending the Cycle- Alternatives to Payday Loans in Illinois.webm
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English: The pandemic and the economic crisis have left many Illinoisans with fewer resources and emotional bandwidth than before. Some have turned to payday or auto title loans. However, these loans have exorbitant interest rates that can keep people in a cycle of debt. Fortunately, there are many other new options. Advocates for the Predatory Loan Prevention Act, which establishes a 36% APR cap on consumer loans, have prepared a resource guide for people or families short on cash, which we hope will be especially useful for folks who are or have been payday or title loan customers.
Join us for a 30-minute presentation of this resource guide, a discussion on how it can help your constituents navigate the new ways to increase their income and lower their expenses amid the pandemic, and how they can access safe and affordable loan products. Speakers include: Meegan Dugan Bassett, New America Chicago Wynona Redmond, Wyn-Win Communications Tracy Frizzell, Economic Awareness Council and Bank On Chicago Brent Adams, Woodstock Institute ========================We are dedicated to renewing the promise of America by continuing the quest to realize our nation's highest ideals, honestly confronting the challenges caused by rapid technological and social change, and seizing the opportunities those changes create. Subscribe to our channel for new videos on a wide range of policy issues: http://www.youtube.com/subscription_center?add_user=newamericafoundation Subscribe to The New America Weekly and other newsletters: http://www.newamerica.org/subscribe/# Visit newamerica.org |
| Date | |
| Source | YouTube: Ending the Cycle: Alternatives to Payday Loans in Illinois – View/save archived versions on archive.org and archive.today |
| Author | New America |
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 10:51, 31 October 2024 | 30 min 44 s, 1,852 × 1,080 (209.76 MB) | Koavf (talk | contribs) | Imported media from https://www.youtube.com/watch?v=BJbqsEs0LCM |
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