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) Debt Consolidation Advertising Traffic Jumps 600%
Adknowledge traffic in the debt consolidation services category climbed more than 600 percent in September 2007 compared to a year ago, the largest advertising category increase so far this year. Bad credit loans and loan refinancing are other categories to jump over 500 percent.. More>>
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) Academic Financial Solutions Evaluates New Law to Overhaul College Student Loans
Leading student loan debt consolidation company, Academic Financial Solutions, weighs in on the ramifications of the new College Cost Reduction and Access Act.Tampa, FL (PRWEB) October 9, 2007 -- Academic Financial Solutions, a leading student loan debt consolidation company based in Tampa, Florida, evaluates the repercussions of the new College Cost Reduction and Access Act that President Bush signed into law on September 27.
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) Ample Liquidity for Us Telecoms in Current Market Environment
U.S. telecommunications companies have, in general, solid liquidity to withstand current credit market volatility and meet their debt maturities, according to a Fitch Ratings report.Since the previous liquidity crisis of 2001-2002, the telecom industry has experienced a period of consolidation, providing most operators with increased scale and diversity. This consolidation has led to greater financial stability and flexibility due to increased scale and diversity of operations. Operators have taken advantage of the low interest rate environment and previously aggressive lending standards in the loan market to 'push-out' maturities beyond 2009. Furthermore, Fitch notes that bankruptcies essentially removed the smaller, weaker players from the industry.
"The industry is much better positioned to weather liquidity issues compared to five years ago," said Michael Weaver, Managing Director, Fitch Ratings. More>>
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) At Home: Debt consolidation loans can be shark-infested swim to solvency
To the person drowning in debt, a debt-consolidation loan looks a lot like a lifesaver. But reaching for it without knowing exactly what it's made of could be a serious mistake. The way it's supposed to work: You pay off all your small, high-interest consumer debts with the proceeds of a new low-interest loan whose payment is less than the total of the smaller payments. In theory, consolidation is a terrific solution for a burdensome debt situation. In reality, it can force you into even more treacherous waters. Basically, there are three ways to consolidate: 1. A new low-interest signature (unsecured) loan from an individual, bank or credit union. If you can get it, this type of debt consolidation is ideal. 2. Transferring all of the balances to a new credit card. More>> - (
) Student Loan Network Announces Private Student Loan Consolidation Services
The Student Loan Network announces the addition of another student loan consolidation product to its portfolio of Student Loan products in time for the end of many students' grace periods. The Student Loan Network Private Consolidation Loan is designed to help students refinance private alternative, non-federal education-related debt, and rounds out Student Loan Network's consolidation package, which also includes Federal Student Loan Consolidation.. More>>
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) Online Mortgage Directory Adds Tax Relief to Menu of Services for Consumers
LendingGateway.com just added Tax Debt relief to the company's menu of online applications that connect consumers directly to professionals who can help them.San Diego, CA (PRWEB) September 17, 2007 -- LendingGateway.com is expanding its menu of services to include Tax Debt Relief. As an online mortgage lender directory that connects potential borrowers matching lenders, LendingGateway.com receives many visitors with damaged credit or other financial issues. The company responded to the inquiries for help last month by adding Debt Consolidation and Student Loan Consolidation assistance. And because of further consumer interest in help with Tax Debt problems, LendingGateway.com partnered with Tax Debt Relief experts nationwide who can help applicants with their tax issues, be it a tax lien, unfilled taxes, or Wage garnishment. More>>