Gordon Oliver: Usury-Credit Weakens our Economy
Today, The Two Mikes spoke with the spokesman of one of our sponsors Gordon Oliver from Cambridge Credit Counseling Corporation, which is a non-profit organization.
Mr. Oliver said that, as we all know, there is growing tension in the country as Americans worry about what the Biden administration is doing to steadily weaken our economy, as well as what the Supreme Court will decide about Biden’s desire to unilaterally forgive student loans. The court already has ruled against the plan once, and its next decision on the issue is likely to be rendered in the next few weeks. If the Court again rules against a second, Americans with student loans can expect to be required to resume paying their loans 60 days after the Court’s decision.
Mr. Oliver noted that this is a very serious moment for people without much wiggle-room in their budget, as $350 or more may be added to a person’s or family’s monthly budget if Biden fails, even as the cost of other monthly expenditures steadily rise. He spoke frankly about the dangers of dealing with companies that offer debt-relief help on "special" late-night deals on television, those who offer pay-day loans, on which interest can be 30-percent or more; and banks where interest rates of loans for people with debt problems could be up to 20-percent.
He also said that an attempt to acquire new lines of credit to pay for student or other loans could hurt a person’s credit score because the credit agencies are knocking 35 points on loan-seekers' credit score for each line of credit they seek to establish.
Over all, Mr. Oliver concluded, it would safer for a person worried about student loans and/or the monthly cost of living to get advice from Cambridge regarding their options on how to set up a monthly budget that best fits monthly income, and, perhaps most of all, to discuss these matters with a well-established company that treats those interested in its services as adults who are capable of building their own economic security with a little calm, timely, and common-sense help.
Sponsors
CARES Act Stimulus
(COVID-19) Employee Retention Tax Credits (ERC): https://www.jornscpa.com/snap/?refid=11454757
Cambridge Credit: https://www.cambridge-credit.org/twomikes/
EMP Shield: https://www.empshield.com/?coupon=twomikes
Our Gold Guy: https://www.ourgoldguy.com
-
48:41
Two Mikes
1 month agoRevisiting The Civil War with Dr. Alexander Rossino
2.61K -
1:33:30
Donald Trump Jr.
8 hours agoThe Process is the Punishment: Evidence Tampering, Lies, and the Boxes Hoax, Live with Reporter Julie Kelly | TRIGGERED Ep.134
78.1K136 -
2:27:12
WeAreChange
3 hours agoMiddle East Peace Process Breaks Down in the 23rd Hour: Brace for Impact
23.2K20 -
DVR
The StoneZONE with Roger Stone
4 hours agoHas an Iranian Spy Ring Permeated the US Gov? Author & Journalist Lee Smith Enters The StoneZONE!
5.44K3 -
2:01:58
Film Threat
9 hours agoVERSUS: THE DEATH OF STAR WARS: REVENGE OF THE SIXTH | Film Threat Versus
20.8K1 -
1:36:32
The Quartering
5 hours agoTrump Threatened With Jail, Legal Ramifications Of Campus Commies & More With Ron Coleman
39K27 -
1:37:32
2 MIKES LIVE
11 hours ago#62 2ML Join us to breakdown all the news worth mentioning!
9.21K2 -
DVR
The Big Mig™
23 hours agoTommy Victorious Robinson, Round II
11.1K18 -
DVR
Quite Frankly
7 hours ago"From IN-SHADOW to the KINGDOM" ft Lubomir Arsov 5/6/24
14.3K1 -
1:04:40
vivafrei
5 hours agoTrump in Contempt - AGAIN! NY Senator Sued Under His Own Law! AND MORE! Viva Frei Live
48.6K59