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‘Rapid Rescore’ Could Save You Money
CHICAGO (CBS) - Credit scores determine what kind of rate we get on loans and credit cards, but improving your score can be a slow process. But you can take a shortcut with something called rapid...
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Debt Ceiling Debate Becoming A Dangerous Game
CHICAGO (CBS) – 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...
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Treasurer: State Making More Money Than Usual
UPDATED 08/02/11 6:29 a.m. SPRINGFIELD, Ill. (CBS) — The state is making more money than usual, though not enough to fill the budget gap. As WBBM Newsradio 780’s Dave Marsett reports, Illinois State...
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President Orders Changes To Student Loans
CHICAGO (CBS) – The burden can be daunting for college students who wonder, “How will I pay off my student loans?” On Wednesday, President Barack Obama outlined measures intended to lighten the load on...
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Survive This Economy: Tackling Credit Card Debt
CHICAGO (CBS) – 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. CBS 2’s Dorothy Tucker reports on an easy way...
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FTC Sues Robocallers Over $30 Million Scam
CHICAGO (CBS) – 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. WBBM Newsradio’s...
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Chicago Students Grapple With Loan Interest Shocker
CHICAGO (CBS) — Student loan interest rates doubled on Monday after the U.S. Senate failed to reached an agreement to ease the increase. CBS 2’s Dorothy Tucker took a look a Chicago students, who may...
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AG Madigan Sues Cash Lender For Predatory Lending
CHICAGO (STMW) – An Elgin-based cash-lending business is charging its customers with interest rates as high as 500 percent, state prosecutors say. Illinois Attorney General Lisa Madigan filed the...
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Federal Reserve Raises Interests Rates, What Does It Mean For You?
CHICAGO (CBS) – 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. CBS 2’s Marissa...
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Fed Rate Hike Will Mean Higher Credit Card Interest Costs
CHICAGO (CBS) — The Federal Reserve’s decision to increase interest rates last week could do more than cost you more for a mortgage or car loan, it could increase your credit card bill as well. When...
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