Reasons for a cash-out refinance

Some reasons for a cash-out refinance are better than others. Learn when a cash-out refinance makes sense and when it doesn’t.

Biden administration announces student loan income-driven repayment plan changes

In addition to canceling $10,000 in student loans for eligible federal borrowers, the Biden administration also proposed new changes to other loan forgiveness programs.

Lawsuit claims Lyft failed to protect passengers and drivers from sexual, physical assaults
video

The San Francisco-based rideshare company Lyft is facing 17 major new lawsuits filed by passengers and drivers, including a Chicago resident, who are survivors of sexual assault or victims of physical assault that allegedly occurred while using Lyft.

Apple Pay Later raises concerns over lack of BNPL regulations, CFPB says

Apple’s foray into the buy now, pay later (BNPL) space with its newly announced Apple Pay Later product may have potential consequences, the CFPB warned.

Lawsuit claims Lyft failed to protect passengers and drivers from sexual, physical assaults

'I'M SCARED TO DRIVE FOR LYFT': A Chicago driver says while she was trying to confirm the identity of a passenger, the passenger cursed at her and punched her in the head, face, back and shoulder. The driver said the passenger then lunged forward, grabbed the steering wheel, which resulted in the car crashing.

Here's how the student loan payment pause impacted borrowers' credit scores

A new study by the Federal Reserve Bank of New York said that the moratorium on federal student loan payments has positively impacted borrower's finances and credit scores. (Not automatically expanded because 3 MB is too large.

Supporting small businesses as more shut down for good due to rising costs, pandemic
video

Citing rising costs and pandemic disruptions, more and more small businesses are closing their doors for good. One North Side chamber of commerce says this has rocked the neighborhood, so they're looking for ways to stop the trend.

Here's who has qualified for student loan forgiveness under Biden

The Biden administration has forgiven federal student debt through four major loan forgiveness programs, including PSLF and borrower defense.

Highland Park community rallies around businesses disrupted by parade massacre
video

In addition to the suffering caused by the shooting deaths and injuries that happened during Highland Park?s Fourth of July Parade, businesses were unable to operate while law enforcement conducted their investigation.

More young adults are moving back in with their parents amid chaotic rental market
video

Personal finance expert Dan Roccato talks about the emerging trend of more young adults moving back in with their parents to avoid a volatile housing and rental market.

Biden’s student loan forgiveness plan — here’s everything you need to know

President Joe Biden announced Wednesday that his administration is forgiving at least $10,000 per federal student loan borrower who makes less than $125,000 a year. Here's what that means for you.