The recession hits Washington
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Just two years ago Boeing was posting record sales, Microsoft was expanding and Starbucks was opening a new store on every block. There were those that said Washington's job market was bullet proof. But in the fall of 2008, Washington Mutual fell and with it the rest of Washington.
The recession hits Washington
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Posted by Carly B. (not verified) on Fri, 05/15/2009 - 2:45am
Understanding deeply the economy will lead us to the right answer of all these financial troubles. There's a lot of press coverage dedicated to a credit crunch. Well, there is one – banks are less willing to lend to anyone, meaning there is a credit crunch, and so if you need some short term credit, banks will be less willing to help you out. There are a lot of job losses, and that means not everyone can pay them back. Well, there are other options – you could look into payday loans. Payday loans are short term loans for small amounts that you pay back quickly, usually your next payday. Some lenders can use direct deposit – that's one of the payday loan benefits – so if you feel the credit crunch, try filling out a personal loan application.
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