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Debt Consolidation & Michigan Credit Counseling

Monday, December 1st, 2008

Wallace Michigan

Our counselors are working with Wallace Michigan residents to take control of their debt and regain the quality of life. Our counselors will help MI consumers by teaching how to get and stay debt free through financial education and debt management.

Debt problems will be handled through a fully qualified debt consolidation office to secure Wallace Michigan residents the best possible debt consolidation services that allow you to consolidate your loans and debts into one low payment.


FREE Wallace Michigan Debt Consultations
FREE Wallace Michigan Debt Consultations

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Related Debt News for our Wallace MI visitors



Panel says US has been in recession since Dec. '07 (AP)

A sale sign is posted at jewlery store in Daly City, Calif., Monday, Nov. 24, 2008. The economy took a tumble in the summer that was worse than first thought as American consumers throttled back their spending by the most in 28 years, further proof the country is almost certainly in the throes of a painful recession. (AP Photo/Paul Sakuma)AP - The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.


 
U.S. in recession as Europe debates spending hikes (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 - The U.S. economy has slumped into a recession, the nation's business cycle arbiter declared on Monday, while European leaders clashed over how much public money to spend tackling a deepening downturn.


 
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 manufacturing hits 26-year low: ISM (AFP)

A man work at an assembly line. US manufacturing slumped to a 26-year low in November, highlighting the abrupt downturn in the world's biggest economy, a survey showed Monday.(AFP/Getty Images/File/Bill Pugliano)AFP - US manufacturing slumped to a 26-year low in November, highlighting the abrupt downturn in the world's biggest economy, a survey showed Monday.


 
Fed's Bernanke says U.S. policy must act with vigor (Reuters)

Federal Reserve Chairman Ben Bernanke on Capitol Hill, November 18, 2008. (Molly Riley/Reuters)Reuters - Federal Reserve Chairman Ben Bernanke warned on Monday that the U.S. economy remained under considerable strain and said policy-makers must be ready to take decisive action to protect jobs and growth.


 
House to seek about $500 billion economic stimulus (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 - Democrats in the House of Representatives likely will seek passage next month of an economic stimulus bill costing about $500 billion, a House Democratic aide said on Monday.


 
Bernanke: lower interest rates are "feasible" (AP)

Federal Reserve Chairman Ben Bernanke speaks during a luncheon of the Austin Chamber of Commerce Monday, Dec. 1, 2008, in Austin, Texas. He said  that further interest-rate cuts are 'certainly feasible,' but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year.   (AP Photo/Harry Cabluck)AP - Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year.


 
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.


 
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)

An auction sign in front of a home in Stockton, California, February 2, 2008. (Kimberly White/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)

In this  Oct. 3, 2008 file photo, former first lady Barbara Bush speaks at a dedication ceremony for the George and Barbara Bush Center at the University of New England, in Biddeford, Maine. A Houston hospital says  Bush is in good condition and recovering from ulcer surgery Monday Dec. 1, 2008. Bush, 83, was hospitalized a week ago for abdominal pains and underwent surgery to repair a perforated ulcer Nov. 25. (AP Photo/Robert F. Bukaty, File)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)

Federal Reserve Chairman Ben Bernanke before testifying before the House Financial Services Committee on Capitol Hill, November 18, 2008. (Molly Riley/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.
 

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