debt

The Illinois Attorney General's office is out with its annual top ten list of consumer complaints to A-G's office.

CATEGORY

# OF COMPLAINTS

1. Consumer Debt (mortgage lending, debt collections, credit cards)

3,655

2. Identity Theft (fraudulent credit cards and utility accounts, bank fraud)

2,617

3. Telecommunications (wireless service, local phone service, cable/satellite)

2,162

Chris Farrell headshot
APM

Marketplace Economics Editor and Business Week columnist Chris Farrell says the aging of the population is the biggest economic and personal finance challenge ahead.  Speaking with WUIS Executive Editor Bill Wheelhouse, Farrell says people can expect to work longer in the years ahead.  

Jamey Dunn headshot
mattpenning.com 2014 / WUIS/Illinois Issues

About this time two years ago, I was working on one of my first big assignments for this magazine after I had come aboard as Capitol bureau chief. The article was on the state’s backlog of unpaid bills. At the time, the total of overdue payments to schools, universities and the state’s vendors was $3.5 billion. The oldest bills had sat unpaid for six months. 

Dana Heupel
WUIS/Illinois Issues

Now is the time when many publications proclaim their choices for “___ of the Year.” My pick for the 2011 word of the year is “gridlock.”

 

Gridlock is no longer just what motorists experience at rush hour; it’s also the inability of the federal and state governments to initiate potential solutions to the most critical problems of the day.