Today marks the 30th anniversary of the Taste of Chicago. This tasty food festival kicked off today with great food, entertainment and family fun. Click here for more details about the Taste of Chicago. Now for today’s Financial Friday Roundup of interesting articles of the week:
- The Cruel World of Payday Loans on Free Money Finance – Sheds light on the big business and outrageous interest rates (some over 1,000 percent) for short-term loans.
- Chicago Tribune’s post Quinn signs law limiting payday loan interest rates. Illinois Governor Pat Quinn set limits on how much interest payday loan companies can charge customers.
- Get Rich Slowly article High Interest: How to Choose Between Checking, Savings, and CDs takes a closer look into deposit account – high yield interest rate offers.
- Consumerism Commentary’s Fed Issues New Rules for Credit Card Fees highlights the new credit card rules (e.g. fee limits) that go in effect August 22, 2010.
That’s all for now. Have a great weekend!