Debt Logistics Offers Consumers First Private and Personalized Tool to Reduce Debt and Interest Payments (SYS-CON Media)



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Student loans are available to students (and parents) in need ofhelp with living costs while studying and working on a degreeprogram. For many students, student loans are their largestsource of cash and income (in some cases, their only source).What often happens, is students acquire multiple student loans,then begin to have cash flow problems, which leads to charges onone or more credit cards. These credit cards are typicallyissued with very high interest rates, often 20% or higher. Thisis a severely problematic financial trap, and a very tough wayto get started in life for a young person who is still in schoolor just about to graduate.

Debt Logistics Offers Consumers First Private and Personalized Tool to Reduce Debt and Interest Payments (SYS-CON Media)

ARC Systems today launched the first online tool specifically designed to let consumers take control of their credit card debt. The new product, Debt Logistics, is a credit optimization tool that not only educates consumers about debt, but also provides a custom roadmap to improving their financial situation by reducing payments and getting out of debt sooner, as well as improving their credit ...

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WOW's Growth Quandry (Australasian Investment Review via Yahoo!7 Finance)

Woolworths' shares yesterday recovered some of the losses incurred in the wake of the early release of the 2007 sales figures and earnings guidance on Tuesday.

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Sellers updates Bamberg Council on 'exciting' legislative year (The Times and Democrat)

BAMBERG - Bamberg County Council got an update on what the state's youngest lawmaker called a very exciting legislative year Monday night. District 90 Rep. Bakari T. Sellers gave council members an overview of major legislation enacted this year in the General Assembly.

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McKesson's Promising Prognosis (BusinessWeek Online via Yahoo! Asia News)

S&P says the health-care distribution giant will reap above-average earnings growth and control costs. It has S&P's highest rating

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Morgan Stanley: Kibbutzim good model of Israeli economy (Globes Online)

Socialist tendencies held back Israel’s economy. “Israel’s own experience shows that fiscal discipline must be a life style, not an occasional hype.”

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Government gouging students with loans and high interest rates: critics (CP via Yahoo! Canada News)

TORONTO (CP) - Unreasonably high interest rates attached to federal student loans are leaving students smothered in layers of debt for years after graduation, says a new report that calls for a complete overhaul of the loan program.

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Schwab Passes Out the Cash (BusinessWeek)

Charles Schwab plans a $3.5 billion capital restructure that pulls the company from the M&A arena

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Free Debt and Budget Analysis at ConsolidatedCredit.org (URLwire)

The newly designed website at ConsolidatedCredit.org has a free library of informational booklets and interactive tools covering a variety of debt related subjects.

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Will 'Burn On Demand' Eventually Save Blockbuster? (Seeking Alpha via Yahoo! Finance)

Davis Freeberg submits: Last week, Blockbuster made a pretty big splash after it announced that it was going to support Blu-Ray exclusively at its retail stores. The move prompted a lot of people to ask if this was a sign that HD-DVD was dead in the water.

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Capstone Reports Q3 Results: Operating Profit of $7.8 Million, $0.09 Per Share (Market Wire via Yahoo! Finance)

Capstone Mining Corp. announces its financial results for the 3rd quarter ending May 31 2007, including production and sales for the Cozamin Mine located in Zacatecas, Mexico.

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If you've got a really unmanageable amount of credit card debt, you might be considering a consolidation loan. A consolidation loan is a loan that you can use to pay off all your debts, meaning that you can pay them off for less money without having to worry about lots of different bills. Like anything, though, consolidation loans have their advantages and their disadvantages, and it pays to take a careful look at what they offer before you commit yourself. The Interest Rate. You should always shop around to get the best interest rate you can if you opt for debt consolidation. This interest rate is almost as important as the one on your mortgage, but much harder to change after you've signed on the dotted line.

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