All any self - declared «
debt collector» has to do is to give the financing platform — which promises
debt collectors a commission as high as 40 %
of the whole loan if the
recovery proves successful — their own photo and ID card number, and go
through a weeklong wait for verification.
In a consumer proposal you repay your creditors
through a negotiated, legal,
debt settlement administered by a consumer proposal administrator At Hoyes Michalos, we know how to balance what the creditors are looking for in terms
of recovery while ensuring that what you offer fits within your budget.
Ryan discusses the death
of Osama Bin Laden; Ryan reviews the economic news
of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the housing market to be supported by further decreases in rates as they are already near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance
of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster than home prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil prices but that they somehow can control the impact
of higher oil prices on the rest
of the economy; Louis also remarks on Bernanke's view
of the dollar - the claim that a strong dollar can be achieved
through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony
of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the
debt, Congress could» nt spend; Louis noted that as Bernanke spoke the prices
of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates low; Ryan notes that the Fed knows that they can't let interest rates rise because
of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates low or let interest rates rise and cut off the
recovery.