Illinois rate cap law spurs lending debate

The state’s Predatory Loan Prevention Act places a 36 percent cap on all consumer loans of less than $40,000 and includes guaranteed asset protection products sold on vehicle purchases as part of the interest rate calculation — a major detail that makes the law significant for franchised dealers in the state. Read more here:: Latest …

Lucid Motors Trolls Tesla With Ad Following Elon Musk’s SNL Monologue

In case you hadn’t heard, Tesla CEO Elon Musk is hosting Saturday Night Live May 8. The billionaire cryptocurrency peddler and electric car boundary pusher has riled up some big reactions online among SNL fans and his own fans alike—so, whatever you think of Musk’s appearance on the weekly live sketch comedy show, we can …