Wednesday, January 2, 2013

New 2013 Illinois and Chicago security deposit interest rates

The new rate for Illinois security deposits under the Interest Act is 0.005%, and the new rate for Chicago security deposits under the RLTO is 0.023%.

2 comments:

Samlensky said...
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Samlensky said...

Because of the interest rate so low, are the landlords still require to process security deposit interest less than ten cents (.10)?