Register Now for Webinar: Creating Safe, Profitable, Small Dollar Loans

Date: Thursday, January 17th Time: 2:00 pm CST Register Now Individuals need access to safe small dollar loans to assist them during periods of financial crisis without causing even greater hardship. Our Alternative Small Dollar Loan Toolkit aims to help banks and credit unions develop a sustainabl...
January 12, 2013

Assets Matter: Promoting Economic Stability

        We were thrilled to be featured in our parent organization's weekly newsletter, Appleseed This Week! Here's the complete article, covering our work with the Illinois Asset Building Group: Two years of Chicago Appleseed's work on small dollar lending culminated this...
December 6, 2012

PAYDAY LOANS AND THEIR $7.4 BILLION ANNUAL BILL

This post originally appeared at the Illinois Asset Building Group blog. Chicago Appleseed is an IABG partner and Katy Welter is a researcher with the IABG's Alternative Small Dollar Loan project.  Each year, 12 million borrowers spend approximately $7.4 billion on payday loans. Who and where are t...
August 3, 2012

From the ARDC: Loan Modification Scammers Recruiting Lawyers

The Illinois Registration & Disciplinary Commission issued this alert today with respect to fraudulent loan modification. Ethics Alert Loan Modification Scammers Recruiting Lawyers Lawyers, particularly sole and small firm practitioners, are increasingly becoming the target of loan modification...
May 10, 2012

Small Dollar Lending Guidelines from the CFPB

This post originally appeared the Illinois Asset Building Group Blog.  The Consumer Financial Protection Bureau (CFPB)  released "Examination Procedures: Short-term, Small Dollar Lending," (pdf) which are guidelines for examining small dollar loan products. The guidelines are written for financial...
April 11, 2012
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