credit

Cars on Lansing area highway
WKAR-MSU

The federal government and a Michigan credit union have settled a lawsuit over the repossession of cars belonging to members of U.S. armed forces.

Cash
WKAR File Photo

Michigan may be officially out of the Great Recession, but its aftermath continues to affect millions of people here and across the country.  Today, the Federal Reserve Bank of Chicago kicks off its 10th annual “Money Smart Week” in mid-Michigan.  It’s a public education program offering nearly two dozen financial literacy classes in the city of Lansing. 

Many Americans struggle with credit problems.  Using it wisely and repairing it when it gets damaged is just one focus of the week’s activities.