Whoopie! Happy days are here again .. well almost, at least for GE. GE Capital has been approved to participate in the FDIC's Temporary Liquidity Guarantee Program. The FDIC will now guarantee issued to all GE Capital debt (with some limits) from this Friday (November 14) and 30 June 2009. Banks have been dealing with it. Now GE Capital not to.
A failure would mean hundreds of thousands of GE's work, so it is not surprising, some work from a plan would be introduced. I am sureThe two other car companies will not reach far behind a rescue plan, too.
But here's the $ 64,000 question is where's your bailout? By the way, why a $ 64,000 Question and $ 74k or not some other number? Perhaps to show, because the old game. Anyway. The public must be aware that this is not a quick "savior" plans to be implemented and take away all your financial worries.
Your bills will not stop now come every month that Obama has won the election. TheseCredit Collections caller is not friendly, because the GE has started rescue operation. Do not be surprised if you pull your credit scores and find that they do not magically by 100 points.
Here is the reality. GE's rescue plan for GE big and help 100's of thousands of workers lies with a job, but your financial stability of your responsibility. If you thought that credit was essential before you feel better at it, go the imperative that a maintenancegreat credit score. The subprime crisis has seen to that.
There are five factors that determine your credit score. The factors are payment history, debt ratio, age of accounts, types of credit and ask. You need to learn the secrets that the industry do not want you to be aware it exists. Bottom line .. LEGAL You can manipulate your credit score. Take control of your financial destiny.
$ 700 billion rescue package. GE, AIG and other financial institutions are receiving hugehelp from the government, but who will bail you out? None of these events will magically pay your debt or improve your credit. You must take control of your own financial destiny. Learn the five factors that can be used to LEGALLY manipulate your credit score. Click Here
Your Partner In Success,
Christopher Wright, Financial Cancer Specialist
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