Automakers In Trouble!
The word on the street is that automakers are now feeling the pinch of this widespread credit problem. Most all U.S. and foreign automakers are reporting 30 percent drops in monthly sales. Automaker Honda Motor Co. reported a 24 percent drop, which was the best compared to others. With credit being so tight and economic worries this will only hurt automaker in the following months. And let’s not forget the high price gasoline, which slowed down truck sales. I think that we may even have a few automakers go bankrupt by year’s end. This could happen if the Senate and Congress don’t pass the rescue bill soon. Passing this bill will free up some credit and get things moving again. I will be watching tonight, so I won’t be surprised in the morning. If they fail to pass this bill we will have a crash on Wall Street come first thing in the morning. Lets all hope for the best.
Rescue Plan!
Will this rescue plan be enough to save our economy? That’s the million-dollar question that is being asked by just about everyone. I really don’t know if this will be the right move. There are a lot of people on both sides of this rescue plan. A lot of people feel it will help make of economy get back on track. And on the other side of the coin a lot of people think it will fail. I will say with the Dow Jones opening down 200 points it looks like is very will could fail. The Dow’s rough start could also be because of the sale of Wachovia to Citigroup Inc. So over the next few days will come the real test of this plan. I do sure hope it works out in the end. I really don’t want to go through what mine grandparents went through with the great depression. I only want what’s best for my family and America.
Business Financing!
If you are in business or thinking of going into business for yourself then you are going to want to read this post. The hardest part of running or starting a business is securing funds. Most businesses fail within their first year. It is not because you are delivering poor customer service. Or your product or service is no good. It is because of the o-mighty dollar. Most businesses that start out today require a lot of money. And if you do not have the funds to pay your basic requirements for at least a year out you then your chances of failing are significantly higher. Basic needs would include things such as paying yourself, your employees and paying for operating expenses. Now you are probably asking, how do I get the funding if I have been turned down by a few banks? I say, you are not alone in getting turned down by banks, and don’t take it personally. Banks have tightened their belts on handing out business loans. They have been only handing out loans that are considered very small risk. So now it’s time to look elsewhere. And I found someone you might want to seriously consider. The company is Merchant Advisors, and they have a few minimal requirements for business loans. If you meet their requirements you could have your loan within 5 to 7 business days. And the one thing that I liked the best about Merchant Advisors was that they have a 90% merchant loan approval rate and you could get approved in as little as 48 hours. And do you know what that means? That means there will be no more long waiting for those pesky banks. So make sure you check these guys out and you just might get that loan.
Posted by: SuperZ in Debt
Debt No More!
Here’s a little bit on helping you get out of that consumer debt. This company ACA just may be the one to do the job for you. They can stop those nasty phone calls from those nasty creditors. They can help you get that relief you have been looking for. Here’s a list of things they can help you with, credit card debt, medical bills, unsecured loans, unsecured personal line of credit, collections, unsecured personal loans and those really bad retail store credit cards. Another great thing I found was a free ebook called “How to deal with the phone calls” you can download it off their site.
