(a) Except as otherwise provided in this Section, this Act applies to any person or
entity that offers or makes a loan to a consumer in Illinois.
(b) The provisions of this Act apply to any person or entity that seeks to evade its
applicability by any device, subterfuge, or pretense whatsoever.
(c) Banks, savings banks, savings and loan associations, credit unions, and insurance
companies organized, chartered, or holding a certificate of authority to do business
under the laws of this State or any other state or under the laws of the United States
are exempt from the provisions of this Act.
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