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Illinois · Through at least Public Act 104-790

815 ILCS 122/2-7: Wage assignments.

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Where this section sits in the code
  1. CHAPTER 815 BUSINESS TRANSACTIONS
  2. Payday Loan Reform Act.

Any payday loan that is a transaction in which the lender accepts a wage assignment must meet the requirements of this Act, the requirements of the Illinois Wage Assignment Act, and the requirements of 16 C.F.R. 444.2(a)(3)(i)(2003, no subsequent amendments or editions are included). A violation of this Section constitutes a material violation of the Payday Loan Reform Act.

Collected 2026-09-15T04:46:47Z. Source file · JSON

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