IFIP News

The 2 giant corporations known as FedEx, which includes FedEx Express plus the FedEx Ground shipping department, as well as Office Max with around nine hundred or so specific locations around the country, have announced a rather complex business deal. The deal in question which they have formulated will essentially add shipping to the said nine-hundred odd Office Max chains by the end of September of this year for small businesses as well as customers who wish to ship items. At the time of this writing there happen to be certain locales like Memphis, Tennessee, where the firm FedEx is based plus the windy city of Chicago, Illinois which have now started moving these packages in question. I recall when I needed to get some packes of tote diaper bag as well as leather diaper bag shipped and it was quite the hassles. You try sending a shipemt of pink, messenger and tote diaper bag under those circumstances and you would see what I mean, plus a diaper bag box is quaite abig and bulky items compared to some things.
All of this business activity comes after both of these firms have felt a hit from the recession with FedEx alone having dropped the past fourteen quarters and to improve this they made the massive buyout of the Kinko’s corporation which has been renamed the FedEx Office. Now that is what I would call a mega-merger for crying out loud. They are certainly one of the best sources of office chairs around anywhere. Alright now back to the main story at hand: Office Max has had pronounced issues with the recession according to the executive VP in charge of the massive firm. While the precise terms of the deal have not yet been revealed, we do know that the brand new service is tentatively slated to start in July and probably be finished by the end of September, give or take. It should really be interesting to see how this deal takes shape.

In an attempt to regulate consumer debt management services and credit counseling services the houses of the Tennessee legislature have passed bills to regulate these businesses. The bill is called the Uniform Debt Management Services Act, which requires these companies to carry insurance and a surety bond, along with other regulations. One of these regulations is companies that are located outside of the state must register as doing business within the state of Tennessee. This is due to many of the businesses being located outside of the state and doing advertising on billboards and other means.
Senator Doug Overbey a republican from Maryville sponsored the Senate bill and believes it is a way to protect consumers in Tennessee. The act was drafted using the Uniform Law Commission, which is a 117 year old state organization, which is focused on protecting consumers. It should be noted that there are numerous non profit credit counseling services available and some of them are even free.
This commission stated that many consumers with credit card debt can do what these companies do themselves. The commission went on to say that these companies usually charge a large upfront fee. The advice they give for clearing up credit card debt is to stop paying the company, and to save a significant amount of money, which they will use to negotiate a settlement.