A New Illinois Law Caps Payday Lenders — But What Happens If They Leave The State? – WBEZ (Chicago)

“Banks are not going to step in to offer these services. Credit unions will not step in to offer these services. I believe that the installment lenders will try to make a go of it but eventually I believe they will go away,” said Rickie Keys, who lobbied against the bill. “The only options that will be available to consumers … will be bad options.”