Fed Rate Hike Will Mean Higher Credit Card Interest CostsChicagoans will wind up paying $17 million total, and an average of $17 more a year per person in interest as a result, analyst Robert Harrow said.
Federal Reserve Raises Interests Rates, What Does It Mean For You?The Federal Reserve raised interest rates on Wednesday for the first time since last year. It is a good sign for the economy, but may be a bad sign for your budget.
AG Madigan Sues Cash Lender For Predatory LendingAn Elgin-based cash-lending business is charging its customers with interest rates as high as 500 percent, state prosecutors say.
Chicago Students Grapple With Loan Interest ShockerStudent loan interest rates doubled on Monday after the U.S. Senate failed to reached an agreement to ease the increase.
FTC Sues Robocallers Over $30 Million ScamThe 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.
Survive This Economy: Tackling Credit Card DebtEvery 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.
President Orders Changes To Student LoansOn 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.
Treasurer: State Making More Money Than UsualThe state is making more money than usual, though not enough to fill the budget gap.
Debt Ceiling Debate Becoming A Dangerous GameRepublicans 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.
'Rapid Rescore' Could Save You MoneyUpdating your credit report could lower your interest rate on loans,but you'll have to pay for the service.