Cook County Predatory Lending Database Program

On July 1, 2008 implementation of the Anti-Predatory Lending Database Program will occur by the Department of Financial and Professional Regulation.

The purpose of this program is to reduce predatory lending practices by assisting the borrower in understanding the terms and conditions of the loan for which he or she has applied. The act does not prohibit any type of loan. It is solely the borrower’s decision whether to proceed.

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