Illinois offering $7,500 in down payment help
The Illinois Housing Development Authority has launched a program that will provide down payments of $7,500 each to up to 4,000 first-time homebuyers, veterans and others in 10 Illinois counties....
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$7M Chase settlement boosts state-supported Chicago nonprofit
In early July, Chase agreed to pay $95 million to 47 states to settle allegations that the bank had used illegal tactics for years to go after struggling credit card...
Illinois again skips back-to-school sales tax holiday
Sales tax holidays are a tricky proposition. Opponents say the practice — in which sales tax charges are temporarily dropped on back-to-school items and other qualifying products — cause states...
Study: Unmarried Chicago women pay more for car insurance
Chicago women who are single, divorced or widowed pay more for car insurance at several major insurers than their married counterparts, a study shows. The "widow penalty" and other disadvantages...
BMO Harris Bank adds fingerprint login to iPhone mobile app
BMO Harris Bank is giving users of its iPhone mobile banking app the option to use their fingerprint as a passcode. The Chicago area's second-biggest bank by deposits also said...
Will driverless cars ‘eviscerate’ insurance industry?
Safer cars, including driverless ones, are likely to "eviscerate" the car insurance industry, according to one auto insurance analyst. But until that day of reckoning comes, new technology also will...
Bankrupt certified financial planners outed on professional website
A website that seeks to help consumers find a financial planner published its quarterly list of certified financial planners who have declared bankruptcy on Friday. The Certified Financial Planner Board...
Mitsubishi closing Normal plant in Illinois, ending U.S. production
Mitsubishi Motors will stop making vehicles at its Normal, Ill., plant and will try to sell the facility, only a few years after the state tried to rescue the plant...
Discover ordered to pay $18.5M over student loan practices
Riverwoods-based Discover has been ordered to pay $18.5 million over what a federal regulator says were illegal student loan debt collection practices, including overstating the minimum amounts due on billing...
Cook County’s sales tax hike: Who really pays the price?
It's going to cost more to shop in Cook County. The county's board last week approved a 1-percentage-point increase in the sales tax, a reversal of a reversal of the...