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The Weekly Credit Loan Report

The Weekly Credit Loan Report The U.S. Recession Has Lead to Some Consumer Cutbacks in 2011 Since the third quarter of 2008 U.S. household debt ( including credit cards, mortgages, student loans & car loans ) has declined by more than $1 Trillion. National Credit Card APR Average 14.96% 14.96% 8.6% 5% 34% Rate of Decline in Personal Savings Rate Of Refinancers Paid Household Debt Since 2008 Off a 30-Year Loan * measure of how much disposable income Americans save * they then switched to a 20 or 15 year product This Week Last Week Amount the U.S. Debt Increases Every Day - $4 Billion How Much Money the U.S. Government is Borrowing Every Minute - $2.63 Million 1O How Much the U.S. Government has to Borrow For Every Dollar it Spends - $0.41 Cents Current National Debt 4 $14.8 Trillion Amount of Debt the U.S. will reach by 2015 if Trends Continue - $19 Trillion S How Congress Spent Money in 2010 The 111th Congress added more to the U.S. national debt than the first 100 U.S. Congresses combined. Department of Education $95 Billion Department of Agriculture $120 Billion Treasury Department $450 Billion Department of Defense $720 Billion Health & Human Services $850 Billion Making Millions An AP-CNBC poll reveals American perspective on the million dollar mark. % of U.S. residents who believe they would need a minimum of $100,000 to $500,000 in savings for a comfortable retirement 31% % of U.S. residents who believe they would need a minimum of $1 Million in savings for a comfortable retirement 22% What Would People Do with 1 Million Dollars? 31% saving & investing 17% giving to family 14% spending 13% paying off debt 12% real estate 11% charity TOP RATED STOCKS BY GROWTH Growth stocks have higher than average price/earnings or price/sales ratios. NO. Company Symbol Last Price Apple Inc. AAPL 404.36 2 BARRICK Barrick Gold Corp ABX 46.98 3 Adobe Systems Inc 24.81 ADBE Adobe Associated Estates Realty Corp AEC 15.64 Alliance Holdings Gp LP AHGP 43.78 SOURCES CREDITLOAN® REAL ANSWERS. REAL SOLUTIONS. National Dept

The Weekly Credit Loan Report

shared by kcatoto on Jan 24
The national annual percentage rate on credit cards remained steady last week at 14.96%. Americans currently save about 5% of their earned income, and they’ve been able to pay off household debt in ...


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