An Elgin-based cash-lending business is charging its customers with interest rates as high as 500 percent, state prosecutors say.
Student loan interest rates doubled on Monday after the U.S. Senate failed to reached an agreement to ease the increase.
The Federal Trade Commission has estimated hundreds of millions of dollars are being collected by robocall scams, and it has sued five companies to stop the practice.
Every week on CBS 2, we’re trying to help you, “Survive This Economy.” Today, we tackle a problem millions of us have – credit card debt.
On Wednesday, President Barack Obama outlined measures intended to lighten the load on college grads, by lowering their payments. The help can’t come soon enough for some students.
The state is making more money than usual, though not enough to fill the budget gap.
Republicans and Democrats in Washington remained far apart on a deal to increase the federal debt ceiling and Wall Street is really worried, chalking up the biggest losses in nearly a year.
Updating your credit report could lower your interest rate on loans,but you’ll have to pay for the service.