815 ILCS 122/2-50

in effect

(815 ILCS 122/2-50) Sec. 2-50. Practices concerning members of the military. (a) A lender may not garnish the wages or salaries of a consumer who is a member of the military. (b) In addition to any rights and obligations provided under the federal Servicemembers Civil Relief Act, a lender shall suspend and defer collection activity against a consumer who is a member of the military and who has been deployed to a combat or combat support posting for the duration of the deployment. (c) A lender may not knowingly contact the military chain of command of a consumer who is a member of the military in an effort to collect on a payday loan. (d) Lenders must honor the terms of any repayment plan that they have entered into with any consumer, including a repayment agreement negotiated through military counselors or third-party credit counselors. (Source: P.A. 94-13, eff. 12-6-05.)

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026