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Debt Lead Company offers & saving tips for debt settlement, consolidation, credit repair
March 8, 2009

Jason Cardiff Promotes Debt Consolidation

Author: admin - Categories: Consumer Debt News, Debt Relief Videos - Tags: , ,

KMG, President, Jason Cardiff addresses what homeowners should do if they can’t qualify for a loan modification. Cardiff talks about debt settlement and bill consolidation and the positive impact one of these debt negotiating programs can have on a family’s cash flow. KMG does not provide debt consolidation loans or negotiate with credit card companies, but they do manages several comprehensive lead generation campaigns leads to many of the nation’s top debt settlement companies and mortgage lenders.


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January 14, 2009

Fed Chief Requests Credit Market Stimulation

Author: admin - Categories: Consumer Debt News, Credit Market Updates, Published Debt Relief Articles - Tags: , , , , , , , , , , , , ,

In a recent article, Jason Cardiff discusses the impact of bad debts and defaulting mortgage securities being bought by the Federal Reserve and the US Treasury. He offered options to deal with bad credit mortgages and other poor performing assets held by financial institutions.  In addition, Bernanke suggested the government increase their intervention to slow down the foreclosure crisis as the housing market continues to sour.

The Federal Reserve chairman, Ben Bernanke talks about that the $800 billion recovery plan, a combination of tax cuts and increased government spending is now being massaged by the Obama team and the Democrat-controlled Congress could provide a “significant boost” to the floundering economy. He did however; reiterate that such a plan must be part of a broader, multi-pronged government response to fight the worst financial and housing crisis the hit the U.S. and the global economy since the Great Depression in the 1930s.  “Fiscal policy can stimulate economic activity, but a sustained recovery will also require a comprehensive plan to stabilize the financial system and restore normal flows of credit,” Bernanke said.

To help on that front, the Federal Reserve has agreed to lend billions to credit card finance and mortgage companies and purchasing some of these companies’ debt to rebuild the credit markets. The US Treasury Department is overseeing a $700 financial bailout program that has pledged to inject $250 billion into banks in return for partial government ownership.   Bernanke said “more capital injections and guarantees may become necessary” to stabilize financial systems markets while stimulating credit markets that should increase consumer lending. Visit Jason Cardiff Tips online for financing newsletters, real estate articles and debt relief reports at no cost. Read the original article > Fed Chief Says Obama Stimulus Could Revive Economy and Housing Markets.

In a recent CNN program, Lou Dobbs says, “I Told U So” to Secretary Paulson.

Dobbs reminds viewers that he warned the Treasury Secretary a year ago not to buy the toxic assets like defaulting mortgages and abandoned credit debt from these type of investors.