The Fed Says Sit Tight

The Federal Reserve has adjusted expectations for the 2013 economic outlook, and is now predicting that while unemployment numbers will decline to between 7.5% and 7.3%, the economy itself will only grow by between 2.3% and 2.8%.

What the heck does that mean?

Federal Reserve Chairman Ben Bernanke explains with caution that strong hiring may not be here to stay; and, the deep sequester cuts and international economic issues like those in Greece and Cyprus could further impact America’s economic vitality. So this means that there’s a strong nothing is going to change for you and me any time soon. The good news, though, is that nothing is going to get much worse.

 

Ben Bernanke

Until the Fed next meets in May, most people will have to consider putting off big purchases or vacations – expenditures in general. This is due to the uncertain stability of their retirement accounts or maybe to having no clue as to when their next raise will come. Finding another, higher paying job at the moment is also unlikely, as are most refinancing options. In short, you’re not going to get any extra cash anytime soon. There’s a way around this.

Just like you do, lenders look for stability. If you have a steady job, you stand a much better chance of getting a personal loan. It’s a smart lend.  Would you loan money to your unemployed neighbor? Nope. You’d lend it to the Airman down the street who still has three more years until his enlistment is up. Get it?  Military personnel are basically a lock for inclusion into the Smart Lend category.

So since the economy isn’t getting any better any time soon, a personal military loan is a great idea. You can borrow up to $10K in many cases, all with no down payment, no credit, bad credit, and no interest for the first 90 days. If you’re tired of living and dying by what you see on the news, and if you’re tired of continually putting off refurnishing the house, upgrading the electronics, or fixing up your car, a personal military loan is a great option.

This entry was posted in Uncategorized. Bookmark the permalink.

Comments are closed.

Sitemap | Terms & Conditions | Disclosures | FAQs - Copyright © 2011 Military Loan Connection