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A Cash Advance Can Help Slow Economic Woes

The economy has taken on a dramatic volatility in recent weeks. The economic bailout program authored by President Bush and finally approved by Congress holds the potential to at least slow the economic decline. However, the bailout does nothing for actual consumers. A cash advance can provide you with the means to slow your own economic decline, while big business gets their own boost.

As the Dow rises and falls, topping new highs and bottoming out in new lows, investments around the world are feeling the pinch of an economy based on speculation and consumer spending. The current economic crisis is the result of a wide range of different causes, though they are all interrelated. Consumer spending is the basis of the entire economy; without it, manufacturing slows to a snail's pace, stock prices plummet and the world economy takes a tumble.

Retail sales across almost every industry are at the lowest point in more than three years. Why is this? Simply put, consumers either lack the money to buy new goods, or are stockpiling the little bit of cash that they have. Most consumers simply do not have the money to splurge on new purchases, though. This is the result of job cuts, increasing fuel prices, the real estate crunch and many other causes.

However, for consumers in need, a cash advance can provide the funding needed until the next payday. This can be a valuable tool, both for the consumer and for the economy. By providing needed funding, these advances can prop up a floundering economy, boosting retail sales. However, it is not a "cure all."

Other moves are being made to stabilize the economies of word nations. Unlimited short-term loans have been extended to the credit sector, in order to keep credit flowing to consumers, bailout floundering credit companies and even prop up worldwide and US banks. In fact, the US government may soon own a very large chunk of the banking industry in the nation. For most consumers, these moves mean little, if it does not accompany a reduction in the general cost of living, though.

Not all news is so bleak, though the worldwide economy may appear to be plummeting. Oil prices have recently been cut, allowing consumers to save some much-needed cash at the pump. Is this enough to slow the economic decline? While it is unlikely that simply cutting fuel prices will stimulate the US and world economies, it can help consumers attain a certain peace of mind about their expenses. When coupled with innovative payday advances, this may be a glimmer of light at the end of the tunnel.


High financial status is really a big factor for many of us. Everyone wants to have a symbol of it (high financial status) in his back. Credit Report is the reflector of your financial healthiness. So it is really essential for you to check your credit report often. Lots of things are dependent on it. It may save you lots of money if you have good credit score, but also can cost you lots of money for the bad one. Credit Report reflects your total credit history. This includes your payment history towards the creditors, like, whether you pay them on time or not, how much credit is available etc.

Now the question is how credit bureaus get your credit history and make a report. They compile all these information from public records and creditors. Out of these, credit card companies are most common who provide the information to the credit bureaus.

Your need to check you credit report often because there may some mistakes. And it is not desirable that you suffer for that mistake which you haven’t done. So you should be attentive enough. These mistakes include; errors in your name or a similar name, sometimes a wrong SSN (social security number), also a closed account listed as current. These things can damage your credit score. But think carefully that you are not responsible for this bad credit score, it’s is due to those mistakes. If you are not alert enough then you may have to suffer. So check your credit report often.

How do you obtain Credit Report?

“The Fair and Accurate Credit Transaction Act” entitles that a consumer can get free credit report from Experian, Trans Union, and Equifax.

Here you will find the details of these companies:

Get your free credit report from these companies

Company: Equifax, Inc.
Phone No: 800.685.1111

Company: Experian (Formerly TRW)
Phone No: 888-EXPERIAN

Company: Trans Union Corp.
Phone No: 800.888.4213