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  • Federal Reserve Launches new Consumer Credit program

    The Federal Reserve on Tuesday rolled out a much-awaited program aimed at boosting the availability of credit to consumers and small businesses. The Fed will lend up to $200 billion to spur consumer lending -- for autos, education, credit cards and other consumer debt. The money will be used to provide financing to investors to buy up the ...
    Posted to Sun City Texas Blog (Weblog) by 422944 on March 3, 2009
  • Federal Reserve Launches $200B Consumer Credit Program

    The Federal Reserve on Tuesday rolled out a much-awaited program aimed at boosting the availability of credit to consumers and small businesses. The Fed will lend up to $200 billion to spur consumer lending -- for autos, education, credit cards and other consumer debt. The money will be used to provide financing to investors to buy up the ...
    Posted to Austin Texas Real Estate Information (Weblog) by 422944 on March 3, 2009