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Debt Consolidation & North Carolina Credit Counseling

Friday, December 5th, 2008

Misenheimer North Carolina

Our Misenheimer North Carolina debt consolidation program allows you to make a single monthly payment that is in turn distributed to your creditors.

Since the average North Carolina household has 14 credit cards, debt consolidation companies were created to help those families concerned with credit debt elimination.


FREE Misenheimer North Carolina Debt Consultations
FREE Misenheimer North Carolina Debt Consultations

We have qualified counselors standing by to help you with a specialized debt consolidation program. Resident of Misenheimer NC North Carolina can fill out the form on the right for a FREE North Carolina debt consultation now!



All eyes on job losses (Reuters)

Albert Jennings of Laborers Union Local 89 looks at his place on the job list at his local union hall in San Marcos, California November 7, 2008. (Mike Blake/Reuters)Reuters - China and the United States sparred on Friday over how to handle an economic crisis that has forced central banks around the globe into a series of dramatic interest rate cuts.


 
China, US promise $20 billion for trade (AP)

U.S. Treasury Secretary Henry Paulson, center, speaks during a press conference in Beijing, China, Friday, Dec. 5, 2008. The United States and China pledged $20 billion to help finance trade amid a global credit crisis Friday as they wrapped up high-level talks marked by a Chinese appeal to Washington to stabilize its economy. (AP Photo/Alexander F. Yuan)AP - The United States and China promised Friday to jointly tackle the global financial crisis and pledged $20 billion to finance trade as they wrapped up high-level talks marked by a pointed Chinese appeal to Washington to stabilize its economy.


 
Singapore faces years of slow growth, PM Lee says (AP)
AP - Singapore's economy may shrink for a year and faces slow growth for several more as a global downturn undermines demand for the city-state's exports, Prime Minister Lee Hsien Loong said Friday.
 
China, US end talks with pledges to boost trade (AFP)

A chart showing the major foreign holders of US government bonds(AFP Graphic)AFP - China and the United States completed Friday their last high-level economic meeting under the Bush administration with vows of 20 billion dollars of trade financing to boost commerce in a time of crisis.


 
Uncertain impact of US push to cut mortgage rates (The Christian Science Monitor)
The Christian Science Monitor - Another week, another proposal to shore up plummeting US home values. This time, the US Treasury Department is considering a plan to dramatically push down mortgage rates, which it hopes will stimulate demand for new homes.
 
Bailout still faces challenges: Paulson (Reuters)

U.S. Treasury Secretary Henry Paulson (front 3rd L) and Chinese Vice Premier Wang Qishan (front 2nd R) chat as they join their delegations for a group photo to wrap up the Strategic Economic Dialogue in Beijing December 5, 2008. (Goh Chai Hin/Pool/Reuters)Reuters - The United States has made clear progress in steadying its financial system, thanks in part to a $700 billion bailout fund authorized by Congress, but the rehabilitation process still faces many challenges, Treasury Secretary Henry Paulson said on Friday.


 
Paulson says China investments no threat to U.S. (Reuters)

U.S. Treasury Secretary Henry Paulson (L) and Chinese Vice Premier Wang Qishan share a light moment after joining their delegations for a group photo to wrap up the Strategic Economic Dialogue in Beijing December 5, 2008. (Goh Chai Hin/Pool/Reuters)Reuters - The United States is not threatened by the fact that China and other countries are big investors in U.S. securities, U.S. Treasury Secretary Henry Paulson said on Friday.


 
Facebook delays plan on employee stock sale: report (Reuters)
Reuters - Social networking company Facebook is delaying a previously announced plan to let employees sell part of their stocks, due to difficult global economy, the Wall Street Journal said.
 
Tough economy forces many US Muslims delay hajj (AP)

Reyad Mallad is shown in his kitchen in Canton, Mich., Wednesday, Dec. 3, 2008. Mallad is among many American Muslims who have been forced to postpone their pilgrimage because of rising economic anxiety and travel costs. The hajj, which officially starts Saturday, is one of the five pillars of Islam, alongside belief in God, praying, fasting and charity. (AP Photo/Paul Sancya)AP - Zeinab Chami planned to save money from her part-time job and get a little more from her family. But the 24-year-old graduate student ultimately couldn't round up enough to pay for a trip to Mecca.


 
US, China promise $20 billion to finance trade (AP)
AP - The United States and China will provide $20 billion in loans to finance trade by developing countries amid a global crisis that has battered credit markets, U.S. Treasury Secretary Henry Paulson announced Friday as the two sides wrapped up high-level economic talks.
 
China and U.S. pledge cooperation after "robust" talks (Reuters)

U.S. Treasury Secretary Henry Paulson (L) and Chinese Vice Premier Wang Qishan (R) sign agreements during the US China Strategic Economic Dialogue in Beijing December 4, 2008. China urged the United States on Thursday to spare no effort to stabilise its economy and financial markets to help avert a global recession. Speaking at the start of a fifth meeting of the cabinet-level 'Strategic Economic Dialogue' between the United States and China, Vice-Premier Wang Qishan said Beijing was doing its part by pursuing fast growth. (Elizabeth Dalziel/Pool/Reuters)Reuters - China and the United States pledged on Friday to boost efforts to tackle the turmoil engulfing global markets and to continue high-level cooperation when President-elect Barack Obama takes office.


 
Fed officials say not running out of policy tools (Reuters)

Federal Reserve Bank Chairman Ben Bernanke addresses a home ownership and mortgage issues conference at the Federal Reserve in Washington, December 4, 2008. (Jonathan Ernst/Reuters)Reuters - The year-long U.S. recession has taken a turn for the worse recently, two top Federal Reserve policy-makers said on Thursday, raising expectations for aggressive policy action by the central bank as soon as next week.


 
Bernanke: more action needed to cut foreclosures (AP)

Attendees listen to Federal Reserve Bank Chairman Ben Bernanke address a home ownership and mortgage issues conference at the Federal Reserve in Washington, December 4, 2008. (Jonathan Ernst/Reuters)AP - Federal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles.


 
Bernanke wants more action to curb foreclosures (AP)

In this April 24, 2008 file photo, the logo of Swiss bank Credit Suisse is seen in Zurich, Switzerland. Credit Suisse Group said Thursday, Dec. 4, 2008 it is cutting 5,300 jobs, about 11 percent of its global work force, in a bid to reduce costs and take its business back into the black. Jobs will be lost in all parts of the world, said spokesman Marc Dosch, including in New York, London and Switzerland. (AP Photo/Keystone, Alessandro Della Bella, file)AP - Federal Reserve Chairman Ben Bernanke pleaded Thursday for more government action to relieve the foreclosure crisis and break a vicious cycle in which the housing meltdown is plunging the country deeper into recession.


 
Jobless rolls at 26-year peak, factory orders drop (Reuters)

A storefront available for lease in the Back Bay neighborhood of Boston, November 28, 2008. (Brian Snyder/Reuters)Reuters - The number of U.S. workers collecting jobless benefits hit a 26-year high last month, data showed on Thursday, and it may head higher as a deepening economic slump forces a broad spectrum of firms to cut jobs.


 
AT&T, others slash jobs as aid hits 26-year high (AFP)

Pedestrian walk by the AT&T Corporate Center in Chicago, Illinois. Major US companies like AT&T and DuPont unleashed a new wave of layoffs Thursday amid a deepening recession that has swollen government unemployment aid to a 26-year high.(AFP/Getty Images/Scott Olson)AFP - Major US companies like AT&T and DuPont unleashed a new wave of layoffs Thursday amid a deepening recession that has swollen government unemployment aid to a 26-year high.


 
Banks borrow less, investment firms borrow more (AP)

Attendees listen to Federal Reserve Bank Chairman Ben Bernanke address a home ownership and mortgage issues conference at the Federal Reserve in Washington, December 4, 2008. (Jonathan Ernst/Reuters)AP - Commercial banks borrowed slightly less from the Federal Reserve's emergency lending program over the past week, while investment firms stepped up their loans.


 
Layoffs spread, CEOs see more pain ahead (Reuters)

Pedestrian walk by the AT&T Corporate Center in Chicago, Illinois. Major US companies like AT&T and DuPont unleashed a new wave of layoffs Thursday amid a deepening recession that has swollen government unemployment aid to a 26-year high.(AFP/Getty Images/Scott Olson)Reuters - Fear of a deepening recession is spreading throughout corner offices across corporate America, prompting chief executives in all sectors to slash thousands of jobs as they scramble to find ways for their companies to survive the worst economic crisis since the Great Depression.


 
Mortgage rates post largest drop in 27 years (Reuters)
Reuters - Interest rates on U.S. 30-year fixed-rate mortgages plummeted by the largest amount in 27 years this week after an unprecedented intervention by the Federal Reserve, data from home funding company Freddie Mac showed on Thursday.
 
Bernanke urges action to halt foreclosures (Reuters)

Carmen Fernandez (R) and others rally to ask state lawmakers to stop home foreclosures and help modify loans at the State Capitol in Sacramento, November 25, 2008. (Max Whittaker/Reuters)Reuters - Federal Reserve Chairman Ben Bernanke on Thursday urged more aggressive steps to halt home foreclosures and said government-funded programs could help strapped homeowners.


 

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