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Debt Consolidation & Illinois Credit Counseling

Monday, December 1st, 2008

Clement Illinois

Our Clement Illinois consumer debt counseling plan simply negotiates with creditors on your behalf to work out a new payment arrangement, possibly at a reduced interest rate, and disburse the payments for you to each creditor.

In IL, debt counseling is the best alternative to get out of debt and the creditors are willing to work with us.


FREE Clement Illinois Debt Consultations
FREE Clement Illinois Debt Consultations

FREE help is waiting for Illinois residents. Simply fill out the form on the right for your FREE Clement IL debt consultation NOW!!



Related Debt News for our Clement IL visitors



It's official: US is in recession (AP)

In thgis Nov. 18, 2008 file photo, Paul Nawrocki, from Beacon, N.Y., wears a sign as he looks for work near the David Letterman studios in New York. The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.  (AP Photo/Bebeto Matthews, File)AP - The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.


 
Mexico sells off foreign reserves to help peso (AP)
AP - Mexico's central bank has sold off $400 million in foreign reserves to stabilize the peso as it continues to weaken against the U.S. dollar.
 
October construction spending drops 1.2 percent (AP)

Graphic charts construction spending for the past 13 months; 1 c x 2 1/2 in; 46.5 mm x 63.5 mmAP - Construction spending fell by a larger-than-expected amount in October, another indication that problems facing the builders of homes, hotels and other projects are deepening and likely to persist.


 
Oil at $50 with US economy officially in recession (AP)

A motorist pumps fuel into his vehicle at a gasoline station in San Rafael, California. Oil prices dropped more than two dollars after OPEC decided at a weekend meeting against cutting its production, prefering to wait until December before reducing crude exports.(AFP/Getty Images/Justin Sullivan)AP - Oil prices tumbled below $50 a barrel Monday as National Bureau of Economic Research reported that the U.S. economy has been in a recession since December 2007.


 
US in recession since December 2007: official panel (AFP)

People exit work in the financial district in October 2008 in New York City. The US economy has been in recession since December 2007, a panel of economists charged with the official designation of business cycles said Monday.(AFP/Getty Images/File/Spencer Platt)AFP - The US economy has been in recession since December 2007, a panel of economists charged with the official designation of business cycles said Monday.


 
U.S. entered recession December 2007, panel says (Reuters)

A clerk reacts in the Euro Dollar Pit at the Chicago Mercantile Exchange October 8, 2008. (John Gress/Reuters)Reuters - The economy slipped into recession in December 2007, the National Bureau of Economic Research, the prestigious private research institute that is regarded as the arbiter of U.S. recessions, declared on Monday.


 
Bush: `I'm sorry' the economic crisis is occurring (AP)

U.S. President George W. Bush gestures in a conversation with Pastor Rick Warren during the Saddleback Civil Forum on Global Health during World AIDS day in Washington December 1, 2008.   REUTERS/Jason Reed   (UNITED STATES)AP - President George W. Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts and said he'll back more government intervention if needed to ease the recession.


 
US, European stocks plummet again (AFP)

A trader walks by while working on the floor during morning trading at the New York Stock Exchange (NYSE) on November 14, 2008 in New York City. Stock markets in Europe and the United States plunged on Monday, succumbing to a deluge of bad economic data pointing to a severe global slowdown and reversing some of the gains made last week.(AFP/Getty Images/File/Spencer Platt)AFP - US and European stocks plunged on Monday as weak economic data pointed to a looming global recession, dashing hopes of a quick recovery in equity prices after the gains of last week.


 
J.P. Morgan sees Fed cutting rates to zero in Jan (Reuters)
Reuters - The Federal Reserve will lower its policy rate to zero percent by January in its attempt to avert a prolonged recession and to revive the struggling credit market, according to J.P. Morgan Securities analysts.
 
November car sales slide shows auto crisis worsening (Reuters)

Hundreds of new Mitsubishi cars imported from Thailand after being unloaded at the Tanjung Priok car port in Jakarta, November 21, 2008. (Supri/Reuters)Reuters - Car makers reported tumbling sales across Asia and Europe Monday as the recession drove buyers from showrooms and drew a warning of more gloom for next year.


 
Bank stocks tumble again as gloom deepens (Reuters)
Reuters - U.S. bank stocks tumbled on Monday on expectations that a deepening global economic slump will reduce employment, crimp borrowers' access to credit and spur more writedowns.
 
US-China talks will include currency issues (AP)
AP - Administration officials say they will urge the Chinese to continue allowing their currency to rise in value against the dollar and to avoid raising protectionist trade barriers amid the global economic crisis.
 
Pelosi seeks fast action on stimulus bill (Reuters)

Speaker of the House Rep. Nancy Pelosi speaks during a news conference in the U.S. Capitol in Washington November 21, 2008. (Molly Riley/Reuters)Reuters - House of Representatives Speaker Nancy Pelosi met leading governors on Monday to discuss the size and shape of an economic stimulus package she hopes Barack Obama can sign when he becomes president on January 20.


 
AP IMPACT: Under pressure, US eased lending rules (AP)

In this Sept. 26, 2008 file photo, a woman passes a branch entrance near the headquarters of Washington Mutual Inc., in downtown Seattle. WaMu, one of the nation's largest banks, was seized by the Federal Deposit Insurance Corp. Thursday, and then sold to JPMorgan Chase & Co. (AP Photo/Ted S. Warren, File)AP - The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents.


 
Manufacturing index drops to 26-year low (AP)
AP - A measure of U.S. manufacturing activity fell to a 26-year low in November as new orders dropped for the twelfth consecutive month, a trade group said Monday.
 
EU governments begin economic stimulus debate (AP)
AP - European Union finance ministers on Monday took a first look at a proposed euro200 billion ($252 billion) economic stimulus package to counteract a deepening economic slowdown — a plan the 27 EU leaders are asked to formally endorse later this month.
 
New York Fed launches search for new president (AP)
AP - Timothy Geithner, President-elect Barack Obama's pick to be Treasury secretary, will soon step down from his current post as president of the Federal Reserve Bank of New York.
 
Mixed picture for retailers as US holiday season opens (AFP)

Shoppers wait in a queue to pay at a BestBuy store in November 2008 in Los Angeles, California, a day after Thanksgiving. American consumers still shopped but with more prudence than in recent years, according to surveys from the opening weekend of the year-end holiday season.(AFP/File/Jewel Samad)AFP - American consumers still shopped but with more prudence than in recent years, according to surveys from the opening weekend of the year-end holiday season.


 
Europe mulls spending hikes as world factories slow (Reuters)

Workers wearing T-shirts with company slogans at Siemens MR Center located at the Shenzhen High-Tech Industrial Park in the southern Chinese city of Shenzhen in Guangdong province, November 25, 2008. (Bobby Yip/Reuters)Reuters - European leaders clashed on Monday over how much public money to spend on battling recession as data showed factories were slashing output in the United States, Europe and China.


 
Manufacturing sags to weakest since 1982: ISM (Reuters)

An assembly worker in a file photo. Factory activity fell in November to its weakest since the 1981-1982 recession, according to an industry report released on Monday. (File/Reuters)Reuters - Factory activity fell in November to its weakest since the 1981-1982 recession, according to an industry report released on Monday.


 

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