Those that think the credit crunch is over as a result of all the money flowing into banks, think again. The lack of credit availability remains a serious issue in the markets. In an effort to ease the pain associated with lending, banks have lowered the interest rates around the world, trying to make it easier for businesses of all sizes to obtain lending.
Further interest rate cuts may also be in the plan from the Fed, which is expected to meet later this week. Some analysts now believe the Fed will lower rates down to 1%.
The world continues to fight the global recession. As such, LeaseTrader.com is a great way for people to cut their bills since it lets them transfer their car lease over to someone else.
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