Category Archives: Loans
Finance Bill Could Offer Opportunities for Chicago Consumers to Save
For Chicago shoppers looking to save a buck, the finance bill passed by the Senate this week offers some pretty intriguing speculation. Free credit scores, the elimination of mortgage prepayment penalties, and a consumer financial protection agency are just some of the possibilities. Here’s a brief rundown of the potential ways the new finance bill… Read More »
Payday Loan Centers Are Leaving Atlanta Workers In Debt
Most of us would agree that 50% interest is way too much to pay for a credit card. Yet many Atlanta residents are paying annual rates of 500% or more – we just don’t realize it. How? Payday loans. Maybe you know the drill. For whatever reason, you come up short on the bills one… Read More »
Payday Loan Scams Are Putting Chicago Workers in Debt
Would you give up your paycheck to get paid earlier? Doesn’t make sense, does it? But millions of Americans do just that by taking out payday loans. When you’re strapped for cash and payday is days away, a short-term loan can look like a quick solution. Get the money now, pay for it later. But… Read More »
Increasing House Prices Mean Hope for Underwater Chicago Homeowners
There’s hope for Chicago homeowners who owe more on their mortgage than their house is worth. On Tuesday it was announced that home prices increased for the first time in nearly four years this February, according to The Standard & Poor’s/Case-Shiller price index. Increasing values mean that homeowners can finally start rebuilding equity – that’s… Read More »
Chicago Homebuyers Should Get Finances In Order Before House Shopping
A tax credit is a nice incentive if you’ve been thinking about buying a house. But a tax credit alone doesn’t mean you’re ready, caution Chicago bankruptcy attorneys. Many first-time buyers have been rushing to take advantage of a credit of up to $8,000 (or $6,500 for existing homeowners who have lived in their current… Read More »