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205 ILCS 670/27

Effective date

Known as the Consumer Installment Loan Act

The act spans §§ 205-670-1 to 205-670-9-1 (48 sections).

Laws 1963, p. 3526.

This Act shall take effect September 1, 1963. During the first 90 days after the effective date of this Act, any person who has applied for a license under this Act, or filed written notice of intention to apply for such license with the Director of Financial Institutions, and who has not been denied, shall be subject to all provisions of this Act and may contract for and receive charges as if he were a licensee under this Act. This Act shall not apply to any contract or transaction made before September 1, 1963. This site is maintained for the Illinois General Assembly by the Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706. Contact ILGA Webmaster ILGA.GOV 2026 ILGA.gov | All Rights Reserved | ADA | Disclaimers | Learn This site is maintained for the Illinois General Assembly by the Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706. Contact ILGA Webmaster ILGA.GOV 2026 ILGA.gov | All Rights Reserved | ADA | Disclaimers | Learn .fade-out { opacity: 0; transition: opacity 1.0s; /* Adjust the duration as needed */ } .cookies { position: fixed; bottom: 0; margin-bottom: 0; /* Ensure no margin at the bottom */ width: 100%; border-radius: 0; /* Remove rounded borders */ opacity: 0.98; z-index: 100; } @media (max-width: 576px) { .cookies { height: auto; /* Allow the height to adjust based on content */ padding-bottom: 80px !important; /* Add extra padding to push buttons above UserWay widget */ } } ILGA.gov is better with cookies. ILGA.gov uses cookies to ensure you get the best experience on our website. By continuing to browse ILGA.gov you consent to our use of cookies. Read About Cookies Accept & Continue document.getElementById('about-cookies-btn').addEventListener('click', function () { window.location.href = '/Cookies'; }); (function () { var button = document.querySelector("#cookieConsent button[data-cookie-string]"); button.addEventListener("click", function (event) { document.cookie = button.dataset.cookieString; var cookieContainer = document.querySelector("#cookieConsent"); cookieContainer.remove() }, false); })(); enableWordFriendlyCopy({ selector: '#copyable-content', baseUrl: 'https://ilga.gov/' }); (function () { const BASE_WIDTH = 578; const isDev = location.hostname === 'localhost' || location.hostname === 'dev.ilga.gov'; const log = (...args) => { if (isDev) { console.log(...args); } }; function applyBillScale() { log('--- applyBillScale called ---'); const host = document.querySelector('#billtextanchor .billtext-host'); const scaleEl = document.querySelector('#billtextanchor .billtext-scale'); log('host element:', host); log('scaleEl element:', scaleEl); if (!host || !scaleEl) { log('Missing host or scaleEl, exiting'); return; } const available = window.innerWidth; log('available viewport width:', available); let scale = 1; log('initial scale:', scale); if (available = 850 (desktop)'); } log('calculated scale:', scale); scaleEl.style.transformOrigin = 'top left'; scaleEl.style.transform = `scale(${scale})`; log('transform:', scaleEl.style.transform); const calculatedWidth = BASE_WIDTH * scale; scaleEl.style.width = `${calculatedWidth}px`; log('calculated width:', calculatedWidth); } log('Bill scaling script loaded. isDev =', isDev); window.addEventListener('orientationchange', () => { log('orientationchange event fired'); applyBillScale(); }); document.addEventListener('DOMContentLoaded', () => { log('DOMContentLoaded event fired'); applyBillScale(); }); })(); (function () { var s = document.createElement('script'); var h = document.querySelector('head') || document.body; s.src = 'https://acsbapp.com/apps/app/dist/js/app.js'; s.async = true; s.onload = function () { acsbJS.init({ statementLink: '', footerHtml: '', hideMobile: false, hideTrigger: false, disableBgProcess: false, language: 'en', position: 'left', leadColor: '#070D0D', triggerColor: '#03396c', triggerRadius: '50%', triggerPositionX: 'left', // Change from 'right' to 'left' triggerPositionY: 'bottom', triggerIcon: 'people', triggerSize: 'medium', triggerOffsetX: 20, triggerOffsetY: 20, mobile: { triggerSize: 'small', triggerPositionX: 'left', // Change from 'right' to 'left' triggerPositionY: 'bottom', triggerOffsetX: 10, triggerOffsetY: 10, triggerRadius: '50%' } }); }; h.appendChild(s); })(); document.addEventListener('DOMContentLoaded', function () { document.querySelectorAll('button[onclick]').forEach(button => { // Extract the href from the inline onclick const onclick = button.getAttribute('onclick'); const match = onclick.match(/location\.href\s*=\s*['"]([^'"]+)['"]/); if (!match) return; const url = match[1]; // Remove the inline onclick to prevent auto navigation button.removeAttribute('onclick'); // Add our controlled event listener button.addEventListener('click', function (e) { if (e.ctrlKey || e.metaKey) { window.open(url, '_blank'); } else { window.location.href = url; } }); }); });

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.