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John Heiderschedit, Criminal Defense Attorney; Subscription Lawyer; Chicago Lawyer

refund protections

Illinois Enacts New Consumer Protections for Buy-Now-Pay-Later Loans

The legislation, sponsored in the Illinois House by Rep. Robert "Bob" Rita, establishes the Buy-Now-Pay-Later Loan Regulation Act, bringing these short-term installment payment plans under state oversight similar to other forms of consumer credit. #loans #senatebill #jbpritzker

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