{"id":61,"date":"2009-03-08T19:54:26","date_gmt":"2009-03-09T00:54:26","guid":{"rendered":"http:\/\/www.fcallc.biz\/blog\/?p=61"},"modified":"2024-11-23T08:32:22","modified_gmt":"2024-11-23T13:32:22","slug":"200-billion-consumer-credit-program","status":"publish","type":"post","link":"https:\/\/www.fcallc.biz\/blog\/?p=61","title":{"rendered":"$200 Billion Consumer Credit Program"},"content":{"rendered":"<p class=\"MsoNormal\" style=\"margin: 0in 0in 10pt; text-align: justify;\"><span style=\"font-size: small; font-family: Calibri;\">The Federal Reserve announced a new program called the Term Asset Backed Securities Loan Facility (TALF) to encourage business to extend credit to consumers and small businesses.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>The program will allow the Federal Reserve to lend $200 billion to encourage lending for educational, credit card loans and more.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>The Federal Reserve will accomplish this by purchasing securities backed by various types of debt such as credit cards.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>In return companies will provide collateral to the Federal Reserve in exchange for the loan.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>It is hoped that this program will help to energize the economy.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>This and other programs are one of many attempts by the Federal Government to try and get the economy out of a recession.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"margin: 0in 0in 10pt; text-align: justify;\"><span style=\"font-size: small; font-family: Calibri;\">I am really encouraged by the many efforts of the government to boost this nation\u2019s economy.<span style=\"mso-spacerun: yes;\">\u00a0 <\/span>As a small business owner I hope to benefit by the new program and I encourage other individuals and business owners to do the same.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve announced a new program called the Term Asset Backed Securities Loan Facility (TALF) to encourage business to extend credit to consumers and small businesses.\u00a0 The program will allow the Federal Reserve to lend $200 billion to encourage &hellip; <a href=\"https:\/\/www.fcallc.biz\/blog\/?p=61\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[6],"class_list":["post-61","post","type-post","status-publish","format-standard","hentry","category-personal-finance","tag-personal-finance"],"_links":{"self":[{"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/posts\/61","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61"}],"version-history":[{"count":1,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/posts\/61\/revisions"}],"predecessor-version":[{"id":62,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=\/wp\/v2\/posts\/61\/revisions\/62"}],"wp:attachment":[{"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fcallc.biz\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}