Of the businesses selected for licenses, 41% are majority Black-owned, 7% are majority White-owned, and 4% are majority Latino-owned, while 38% of awardees did not disclose the race of their owners
"The report reflects the significant impact of the COVID-19 pandemic on consumer lending in 2020. Compared to previous years, there were substantial decreases in number of borrowers, number of loans issued, and aggregate amounts originated for all reported loan types."
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Gov. Pritzker Signs Legislation Providing Student Borrowers with Critical Information on Educational Lending Options (Springfield, IL) - Governor JB Pritzker signed House Bill 2746, the Know Before You Owe Private Education Loan Act, into law.