Hastings’ new law provides oversight of predatory Buy-Now-Pay-Later loans
Hastings’ new law provides oversight of predatory Buy-Now-Pay-Later loans Illinois consumers have seen that a rapid expansion of Buy-Now-Pay-Later loan services may seem convenient at first, but they can carry hidden costs, unexpected fees and financial risks that often go unnoticed until it is too late. In response, State Senator Michael E. Hastings passed a…
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