Illinois Department of Financial and Professional Regualtion News

Some lawsuit lenders are voluntarily registering under Consumer Installment Loan Act

By Dawn Geske | Sep 6, 2016

While Illinois legislators haven't been able to agree on how to regulate the lawsuit lending industry, some companies conducting business in the state have turned to a voluntary registration program before legislation requires they do so.

Illinois' professional regulator relinquishes state's grip on mobile payment processor Square

By The Madison County Record | Aug 18, 2015

SPRINGFIELD – Chief financial regulator Bryan Schneider welcomes mobile payment businesses that the previous administration treated like criminals.

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