The Illinois Department of Financial and Professional Regulation, Division of Banking, has announced the security deposit interest rate to be used for 2012 under the Illinois Security Deposit Interest Act is 0.005%.
The Illinois Department of Financial and Professional Regulation, Division of Banking, has announced the security deposit interest rate to be used for 2012 under the Illinois Security Deposit Interest Act is 0.005%.
Hello my name is Latisha Butler and I needed to know the interest rate on $1000 for my 9 & half year tenancy since move in date may 2003 to DEC 2012
Latisha, while I don’t know the exact particulars of your situation and therefore cannot help you calculate the figure, I can point you to the table of interest rates for the CRLTO and Illinois statute.