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Get the free Illinois Anti-Predatory Lending Database - ILAPL D

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Illinois AntiPredatory Lending Database Program (765 ILLS 77/70) www.ilapld.com 1888ILLAPLD REQUIRES CERTIFICATE OF EXEMPTION OR CERTIFICATE OF COMPLIANCEDOES NOT REQUIRE CERTIFICATE OF EXEMPTION
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Access the Illinois Anti-Predatory Lending Database website
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Who needs illinois anti-predatory lending database?

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Lenders in Illinois who are required by law to report specific loan transactions to the state's anti-predatory lending database
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Illinois anti-predatory lending database is a database that tracks high-cost home loans in the state to prevent predatory lending practices.
Lenders who offer high-cost home loans in Illinois are required to file the anti-predatory lending database.
Lenders can submit their information electronically through the designated portal provided by the state.
The purpose of the database is to protect borrowers from abusive lending practices and increase transparency in the mortgage lending market.
Lenders must report details of high-cost home loans, including loan terms, interest rates, fees, and borrower information.
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