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December 13th, 2008

It is official. America’s economy has been in recession for the past year since Dec 2007. The current financial crisis will be more severe than the 1981-82 depression or even the 1930’s crisis. Millions of American people are struggling in debt and banks struggle with billions of US$ in loan losses.
As people are drowning in loads of debt, the internet is swarmed by all those ‘debt counsellors’ promising debt relief. Last October 2008, the Federal Trade Commission’s ‘Operation Clean Sweep announced a crackdown on operations that deceptively claim they can remove negative information from consumers’ credit reports – even if that information is accurate and timely. And yet, still many people are trapped by those shady debt repair companies, as the federal themselves has not put a stop to this dirty business.
Be careful in choosing assistance on your repairing your credit. Many of these debt repair companies are shady and promise you to help your repair your credit while in fact all they do is write a letter and take your money and leave you with even more debt and damage your credit score even more.
To learn more on credit repair and discuss which credit repair companies you can trust, go to this forum http://aaacreditguide.com/forums/. It is free to join.

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Californians are turning to the World Wide Web to find cheaper automobile insurance because it works as a tool speeding up the process of rate comparisons. Prior to this type of technology, to compare rates one would have to make several calls or even drive around taking a large portion of their day. It's obvious why consumers are turning to the Web instead to accomplish the same task in a matter of minutes and of course, without having to pick up the telephone or drive anywhere.

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