Canam Credit Announces 20 Percent Convertable Debenture Paying Interest Monthly

20% ROI, paying interest on a monthly basis. The minimum investment is $10,000.00 and is backed by million in assets, visit our web site www.canamcredit.com or call today.

Calgary, Alberta (PRWEB) March 29, 2008 -- Canam Credit Company Inc. is pleased to announce the offering of a series 1 debenture that is paying 20% per year, convertible at 0.50 cents per share, and is backed by the assets of the corporation.

The company plans to raise $800,000.00 and use the proceeds for expanding payday lending and general operations. The American payday loans have seen returns of upward of 200% per year, and the industry is growing very fast with low overhead.

For more information please contact Michael Richmond, Vice President of Finance at 403-984-2104

About Canam Credit Company Inc.:
Canam Credit Company is a diversified financial services company that has representation across Canada and the United States. Our products include life insurance, short-term lending, factoring, debt counseling, term loans and credit repair.

For More Information contact:
Abe Alizada
Investor Relations
Canam Credit Company Inc.
(403) 235-1005

This press release may contain forward-looking statements with respect to Canam Credit Company and its operations, strategy, financial performance and condition. These statements generally can be identified by use of forward-looking words such as "may", "will", "expect", "estimate", "anticipate", "intends", "believe" or "continue" or the negative thereof or similar variations. The actual results and performance of Canam Credit Company could differ materially from those expressed or implied by such statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Some important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, competition, changes in government regulation and the factors described under "Risk Factors" in the Offering Memorandum. The cautionary statements qualify all forward-looking statements attributable to Canam Credit Company and persons acting on its behalf. Unless otherwise stated, all forward-looking statements speak only as of the date of this press release and Canam Credit Company has no obligation to update such statements.

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