Home     About Us    Contact Us     Contribute     Privacy
Investing
Stocks
Bonds
Mutual Funds
Biz
Credit
Career
College
Economics
Tax
More
 
 
Marketplace
Related Articles
Related Definitions
Related Categories
Tip of the Day

Tip of the Day Negotiate Fees

Negotiate Fees - We all have certain services that we require and use monthly, so we can all negotiate with these service providers to get them to lower the fees...

read entire tip

Related Podcasts
Recently Added
Other Great Sites
 

Raising Interest Rates News

Posted On: 2005-09-02
Length:

Listen to this podcast

Only 44 days left until the bankruptcy laws change.

Hello everybody. It's Jay with the Debt Podcast. Thanks for subscribing. Today is Friday, September 2, 2005. If you're listening to us through iTUnes or an RSS reader or online streaming media, you can check out the show notes at debtpodcast.blogspot.com. You can also go onto my law firm web site, the Debt Relief Center of New York, for bankruptcy and consumer law information at www.drlcny.com. If you've got any questions or comments, you can send your email or audio feedback to debtpodcast@gmail.com. Today's show is going to focus on some consumer and bankruptcy law news, as well as some great podsafe music. Before we get into that, I would like to direct all of you over to the show notes at debptodcast.blogspot.com for a list of charities working on Hurricane Katrina relief. Take a look at them. Please donate your time, your money. If you've got extra clothing or if you're local and you've got some extra food, there are also a number of sites that are going to be set up within the next few days so that you can post if you've got the availability to shelter any individuals who are being left as refugees, and that goes for people, that also goes for pets. There are a lot of pets out there who got nowhere to live. They've got nobody to feed them, and they are dependent on humans for their well being. So check out the show notes.

Now, understandably, a lot of the news that I've got to talk about today, that's gone on this week deals tangentially at the very least with Hurricane Katrina. I would like to start off with an Associated Press article that ran on Monday that proclaimed that Americans are vulnerable to rising rates due to growing debt loads that they're carrying. The article notes that some economists are now warning that runaway spending and borrowing have the nation on track toward a major economic crash. The article looks to ballooning balances on credit cards and mortgage loans caused by low interest rates as the culprit in allowing American consumers to accumulate nearly 11 trillion dollars, That's trillion with a "t" in debt as they buy more homes, more cars, more clothing, go out to dinner more. The article discusses our rise in interest rates of three or four percentage points, which strain the economy because borrowers would be forced to greatly increase the amount they would have to pay each month on their debt service. The head of a credit counseling outfit in Florida points out that some American borrowers are already in trouble, and more are likely to stumble as interest rates rise and the new bankruptcy laws make it harder for consumers to be relieved of their debt. He fears that we'll soon see creditors getting more aggressive at collecting debt. This, he says, will turn many borrowers into the walking wounded, struggling to keep up with card payments and limited in what they can buy, which will be in turn, a massive drag on the U.S. economy. Why is it that pundits weigh in only after the problem has become evident to anyone who's been...

Discuss It!
1 2 >

Mobdro For PC said:

So I think there must be a recurring fees on credit cards as well

Download MovieBox Apk said:

This site has provided me with some great value

firefly box said:

These articles have got thorough discernment without unclear the readers

showbox app said:

ShowBox for Android is an amazing app that allow you to watch your favorite movies

buying dissertations online said:

Bankruptcy is now raising interest rates and news articles. Everything we have to follow for podcast new episode. Then many people will see the following steps and reviews.

Freedom Apk for Android said:

Thanks for such post.

movieboc app download said:

Moviebox for Android is an amazing app tha t allow you to watch your favorite movie

moviebox Android said:

Moviebox for Android is an amazing app tha t allow you to watch your favorite movie

Xmodgames Apk for iphone said:

Download Xmodgames App to play android games for free.

Moviebox for mac said:

wowo wowow wowo thanks

Movie HD App said:

Watch your favourite movies in HD usinh HD Movies App.

ShowBox Apk said:

Showbox is the best app whn it comes to streaming movies and tv shows on your android devices. Must check it out.

buy dissertation online said:

Bankruptcy is now raising interest rates and news articles. Everything we have to follow for podcast new episode. Then many people will see the following steps and reviews.

ShowBox Apk Download said:

In this world of ever growing technology, we can easily watch the latest movies or tv shows by streaming on different websites. Now we can even watch the movies and TV shows on our Android or Windows smartphones

davidkarl said:

Courses in American universities are usually on a time constraint <a href="http://whatnext12th.com/courses-after-12th-commerce/">list of courses after 12th commerce without maths</a>

xmodgames apk said:

good one

mc hjälm said:

It is amazing and wonderful to visit your site.Thanks for sharing this information,this is useful to me...

accounting software company in patna said:

RKV IT Solutions Pvt. Ltd. is a Leading IT provider of innovative software products and services, we committed to delivering world-class solutions for its customers. We have Quality professionals excel in engineering and product development, Knowledge Transfer, middleware and integration solutions.

www.emailsentome.blogspot.in/2017/07/dermagen-iq-review-beauty-truths.html said:

Hello i am kavin, its my first occasion to commenting anywhere, when i read this post i thought i could also create comment due to this good post.

sachin said:

<a href="https://videomixdownload.com/">videomix</a>

Most Popular Articles
Most Popular Definitions
 
Daily Definition

Definition of the Day Delta Cross Hedge

Delta Cross Hedge - This involves the futures trading. It is an offset position in the contract of futures for an existing position towards a related commodity in the cash market. The delta cross hedge is similar to the cross hedge in that it involves...

read entire definition

 
 

 

 

Home     About Us    Contact Us     Contribute     Sitemap

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Copyright © 2009 TeenAnalyst.com