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The global market meltdown has left many markets reeling. It seems that the Dow drops hundreds of points, on a daily basis and even the EU is feeling the effects of global recession. The world's automakers are, perhaps, among the hardest hit. The last round of financial bailouts included an enormous sum for US automakers, though even import automakers are feeling the pinch. It even seems that the bailout from the US federal government was insufficient for some automakers, who have returned to...
•Finding an Auto Loan in a Depressed Market
It's no secret that the economy is suffering. The rising number of layoffs, the incredible financial bailouts given to banks and automakers by the federal government and the daily fall of the stock market makes it obvious. While the economic meltdown is bad news for manufacturers and banks, it's worse news for consumers, especially those in need of a new vehicle. Thanks to tighter lending restrictions and a reluctance on the part of banks to take any risks with their financial products, many...
•Debt Elimination is Sometimes Big Business For Scammers
US consumers are floundering in a sea of debt. The economic crisis, the loss of jobs, the increased cost of living and poor spending habits have combined to form a thick morass from which consumers find it difficult to extricate themselves. Like an anchor, these debts are dragging consumers down into bankruptcy and financial ruin. In an attempt to save themselves, many consumers turn to debt elimination companies. These companies often offer "debt consolidation" loans or promise to work with...
•Credit Repair Factsheet – A Guide For Debt-Burdened Consumers
The economic catastrophe engulfing the world, combined with a reliance on credit cards and poor spending habits have skyrocketed the number of consumers with bad credit. If your credit is bad, if your credit report reads like the latest horror novel, then it's highly likely that you are being contacted by credit repair agencies. These agencies make huge promises, enticing you with the lure of rebuilding your credit, simply and easily. They promise to wipe the slate clean, allowing you to start...
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