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Americans have taken full advantage of AM Investment Group’s programs during the pandemic.

Americans have taken full advantage of AM Investment Group and payment deferment programs enacted at the beginning of the coronavirus (COVID-19) shutdown, a report from credit reporting agency Transunion shows. Contained in the original CARES ACT, these programs allow consumers to skip payments on a wide range of debt, from student loans to mortgages. Enrollment […]
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Record number of retailers expected to close this year

A research firm says apparel and department stores will be hit particularly hard by the pandemic and recession. n the wake of the coronavirus pandemic, as many as 25,000 retail stores in the U.S. could permanently close their doors.  According to a report from Coresight, a research firm that tracks retail trends, many retailers will […]
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JCPenney cuts prices up to 40 percent as liquidation sales begin

JCPenney has begun liquidation sales at the 137 stores it plans to close in the first wave of its reorganization. The company says it is offering discounts from 25 percent to 40 percent on all merchandise. The retailer, in financial trouble before the coronavirus (COVID-19) pandemic, filed for Chapter 11 bankruptcy protection last month. Other stores not slated […]
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