Rent a Chicago apartment and you used to expect to have to pay a security deposit: an amount, often equivalent to a month’s rent, to be handed over to the landlord as insurance you wouldn’t damage the ...
The following information was released by the U.S. Senate Committee on Banking, Housing, and Urban Affairs: Senate Banking Committee Chairman Tim Scott (R-S.C.) today led a discussion on deposit ...
Years ago, officials in dozens of cities showed interest in alternatives to the traditional security deposit. That momentum ...
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Why some landlords skip security deposits
In recent years, a growing number of landlords have opted to forgo traditional security deposits, a trend driven by evolving tenant expectations and changing legal landscapes. This shift is reshaping ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Discover what to safely store in a deposit box for security, and understand which items are better kept at home. Don't risk accessibility for peace of mind.
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