Category Archives: Banks

Chicago Consumers Sign Up For Credit Cards With Outrageous Rates

Would you be OK with paying a 60% premium on your purchases? If you’re like most Americans, the answer might be yes. Consumers are signing up in droves for high-interest credit cards like First Premier’s 59.9% APR card. In fact, the same card had plenty of takers when it debuted with a whopping 79.9% APR… Read More »

Chicago Shoppers Turning To Big Box Stores For Financial Services

Kmart’s latest blue light special might not be on clothing or toys, but on financial services. With millions of Americans looking for checking account alternatives to avoid rising bank fees, retailers like Kmart, Wal-Mart and Best Buy are jumping on the banking bandwagon, according to The Washington Post. Kmart, for instance, is testing out prepaid… Read More »

Retailers Begin Offering Banking Services to Atlanta Customers

How about a bank account with that new pair of socks and order of McNuggets? It’s possible at Wal-Mart. Wal-Mart has always been known for being a one-stop shop, but now the retailer – along with a number of other big-box stores – is taking the designation literally by offering financial services from prepaid cards… Read More »

Court Ruling Could Affect Foreclosure Process for Atlanta Homeowners

Why should homeowners in Atlanta care about a foreclosure in Massachusetts? Because a recent court ruling there could have a drastic impact on foreclosures in the future, affecting the entire U.S. banking industry – and millions of Americans currently at risk of losing their homes, say Atlanta bankruptcy attorneys. Last week the highest court in… Read More »

How Foreclosure Ruling Could Affect Chicago Homeowners

Two foreclosures in Massachusetts could have a big impact on banks – and homeowners – nationwide, say Chicago bankruptcy attorneys. Last week a Massachusetts court voided the foreclosure of two homes, citing the fact that Wells Fargo and U.S. Bancorp could not prove they held the mortgages at the time they seized the residences. Last… Read More »