JUNE 1, 2022                                                                                                                                                  VOL. 20
 RAISING THE BAR  
The latest news and updates from General Bar
As the federal funds rate goes up, the effects will quickly ripple through the rest of the market. That impending shift means the window is closing for businesses to access loans at the low rates we're still seeing today. So is now the time to refinance your debts? If you have a sizable amount of variable-rate debt, then it may be time to refinance it into something more stable. The SBA refinancing program is one option that many business owners should consider. The Fed has made it clear that more rate hikes are coming, and it is only a matter of time before loans start getting more expensive. Act now and you could lock in a rate that helps your business.   
COLLECTION RELATED NEWS

BORROWERS HAVE THE DEBT BUT NOT THE DEGREE

FTC RETURNS MORE THAN $255K TO CONSUMERS

YONKERS GAMBLER CHALLENGES DEBT COLLECTION

CFPB REACH $4M SETTLEMENT WITH DEBT COLLECTOR
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