Ill. Senate Democrats: Sims Passes Measure to End Predatory Pawnbroker Practices
November 10, 2023
November 10, 2023
SPRINGFIELD, Illinois, Nov. 10 -- The Illinois Senate Democrats issued the following news:
After months of negotiations, State Senator Elgie R. Sims, Jr. passed a measure to enhance oversight over the pawnbroker industry.
"Working with consumer advocates and other interested stakeholders, we passed a comprehensive plan to ensure transparency and ethical practices within the pawnbroker industry," said Sims (D-Chicago). "The Predatory Loan Prevention Act s . . .
After months of negotiations, State Senator Elgie R. Sims, Jr. passed a measure to enhance oversight over the pawnbroker industry.
"Working with consumer advocates and other interested stakeholders, we passed a comprehensive plan to ensure transparency and ethical practices within the pawnbroker industry," said Sims (D-Chicago). "The Predatory Loan Prevention Act s . . .