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Patterns of Disparity: Small Business Lending in Fresno and Minneapolis-St. Paul Regions

November 2, 2017

The report examines the state of traditional bank small business lending in Fresno County, CA, and Minneapolis - St. Paul, MN. It offers policy and practice recommendations concerning the noted disparities in lending to businesses in low- and moderate-income neighborhoods and in communities of color. It is the fourth, and final, in a series of research reports examining small business owners' access to capital in eight major metropolitan areas.

No Right Turn: Illinois' Auto Title Loan Industry and its Impact on Consumers

October 28, 2015

This study examines the auto title lending industry in Illinois. Auto title loans are a type of high-cost, small-dollar loan. They are similar to payday loans, but are secured by the title to the borrower's automobile. Title lenders operate in 25 states across the country, and each year an estimated two million American consumers take out title loans. This report examines data from two reports on the consumer lending industry released by the Illinois Department of Financial and Professional Regulations (IDFPR) and loan-level data from court records of collection cases filed in Cook County.

Dis-Credited: Disparate Access to Credit for Businesses in the Chicago Six County Region

August 19, 2014

This report examines geographic patterns of access to bank capital for businesses in the Chicago six-county region, with a focus on smaller loans and other types of credit, amounts under $1 million, that are more likely to benefit smaller, local businesses that create economic opportunity within neighborhoods. For small neighborhood businesses to grow, they need to be able to access capital, and one common source of capital for small businesses are loans, lines of credit, and business credit cards (collectively, "small loans") issued by banks and other financial institutions.

Unresolved Foreclosures: Patterns of Zombie Properties in Cook County

January 24, 2014

This report examines the extent to which servicers are walking away from foreclosures in Cook County, Illinois, creating zombie properties, and how that practice may vary by the characteristics of the neighborhood in which the property is located.

Coming Up Short: The Scope of Retirement Insecurity Among Illinois Workers

September 1, 2012

The purposes of this report are to identify the principal sources of retirement income, examine the extent and types of workers facing retirement insecurity, and explore the necessary components of a state-level public policy solution that could help to address the problem. Using employment data by industry and estimated retirement plan sponsorship rates, this report shows how many workers in Illinois, especially those in industries with traditionally low-wage workers, lack access to one of the mainstays of retirement income: a tax-deferred, employment-based retirement savings plan. The report concludes with a discussion of the essential components of a state policy that would expand access to tax-deferred, employment-based retirement savings plans.

Struggling to Stay Afloat: Negative Equity in Communities of Color in the Chicago Six County Region

March 22, 2012

The following analysis examines patterns of negative equity in communities of different racial and ethnic compositions in the Chicago six county region. It combines 2011 data on negative equity in Chicago region ZIP codes with U.S. Census data on the racial/ethnic composition of ZIP Code Tabulation Areas (ZCTA).