| Academic Financial Solutions Advises Recent Graduates Not to Delay on College Loan Consolidation
Leading student loan debt consolidation company, Academic Financial Solutions, recommends college loan consolidation before the six month grace period expires in November. Tampa, FL (PRWEB) November 5, 2007 -- Academic Financial Solutions, a leading student loan debt consolidation company based in Tampa, Florida, alerts college graduates who graduated last May or June not to delay on college loan consolidation. �Waiting to consolidate will be costly,� says Michael Babb, President of Academic Financial Solutions. �Many student loan borrowers don�t realize that their six-month grace period is expiring until it�s too late and lenders begin demanding repayment. It�s really an unfortunate situation. Many borrowers get caught up in transitioning from college life to finding a job, a place to live and other immediate necessities and lose track of the timing of their repayment obligations.
Ravenstahl decks DeSantis
Pittsburgh Mayor Luke Ravenstahl won easily over Republican challenger Mark DeSantis, beating the underdog 64 percent to 35 percent, with 98 percent of precincts reporting Tuesday night. Ravenstahl, 27, drew on the support of the city's overwhelming Democratic voter registration edge, residual goodwill from the early days of his administration after Mayor Bob O'Connor's death and the promise of putting a young face atop an aging city. DeSantis, who surprised many with his well-financed campaign and the union and newspaper endorsements he garnered, still managed to do only about 7 percentage points better than his predecessor, the little-known Joe Weinroth who was trounced by O'Connor in 2005. .
Lynchburg police investigating credit card theft
The credit cards in a wallet stolen from a car in Lynchburg were used to buy more than a $1,000 of merchandise at area businesses, police said. The Lynchburg Police Department is investigating the theft, which began when the front passenger side window of a white Oldsmobile Bravada was smashed out in the parking lot of Macado's on Candlers Mountain Road on Oct. 31. The suspect stole a wallet, which contained one of the victim's credit cards. Then on Nov. 1, the suspect used the stolen card to buy $896 worth of merchandise at Lowes on Timberlake Road. He made another purchase at Food Lion on Timberlake Road for $217 worth of groceries and $33.93 in gas at the Wilco/Hess Store on Wards Rd. The suspect is described as a black male and just over six feet tall.
Garmin cuts mapping deal with Navteq, ends Tele Atlas bidding
Garmin Ltd. has cut a long-term deal with Navteq, the world's No. 1 digital mapping company, and will drop out of a multi-billion-dollar bidding war for the No. 2 mapmaker. The Olathe navigation company said today it has signed a contract with Navteq, based in Chicago, to supply maps to Garmin through 2015. Garmin has an option to extend the contract through 2019. The action ends a bidding war between Garmin and its chief competitor in the navigation market, Netherlands-based TomTom, for Tele Atlas. The two companies had bid up the price for Tele Atlas, a Netherlands company that has never had a profitable year, to $4.2 billion. News of the Garmin-Navteq deal sent shares of Garmin soaring. Shares closed at $97.51, up $13.51, or 16 percent.
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