March 2, 2022
RETIRED ARMY COL. PAUL KANTWILL
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Illinois lawmakers must create legal balance between owners, renters of storage units
During and since my time as an active-duty officer in the Army, I have devoted much time and energy to protecting military service members from financial predators. Last year I focused on the passage of the Predatory Lending Prevention Act (PLPA), and the nationwide repeal of a Comptroller of the Currency rule that protected payday lenders using evasive schemes to get around state-imposed usury rate caps. While those efforts were successful, there is more to do.