Payday Loan Reform Back in Illinois News

Republican Joan Krupa has nine days left in her term. She was beat by Democrat Aaron Schock in this year’s election. Ms. Krupa has introduced one single bill that has no chance of advancing. The bill wants to cap payday loan rates at 36%.

Considering the fact that she will be out of Illinois politics in nine days, she would have more luck starting herself on fire than getting anyone to notice a self serving bill from someone on their way out.

I think payday lenders in Illinios are safe for now. I don’t know if anyone’s paying attention, but their trying to impeach some guy named Rod Blagojevich.

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