Credit Loan Unveils Online Financial Videos and Infographics to Help Explain Current Economic Crisis
Through visually appealing, witty infographics and interactive financial videos, creditloan.com seeks to make personal finance topics, current economic problems, and economic principles guiding these issues understandable to the general public.
Tampa, FL (PRWEB) May 15, 2009 -- Credit Loan, Inc., provider of online personal loans through its service-based and educational website, has added a variety of financial videos and infographics to its site to help people understand complex economic issues that directly affect them. Using simple graphics, plain language, and witty storylines, these interactive web applications simplify the complicated concepts that drive the economy.
In the animated video, CEO & Banking Executive Riches, the financial crisis is stripped down to a plot illustrating top executives from companies such as Freddie Mac, "walking the plank." Lost money is represented by treasure and gold floating in the water. Another video visually illustrates the situation that led to the AIG crisis, with television headlines guiding a timeline, with a thermometer demonstrating the rising anger and frustration caused by the situation.
"During this entire economic situation, the general public has had one crisis after another thrown at them," says Daniel Wesley, CEO of Credit Loan, Inc. "There is little discussion of the principles involved, yet all of these crises, from the fall of Freddie Mac and AIG, to the Dot Com failures and housing crisis, affect everyone directly. By providing these interactive financial videos and infographics, we think we've solved the complexity issue by simplifying these concepts, so that everyone can understand what is really going on."
In the Game of Economy, the visitor is prompted to click on a start button to spin the 'Wheel of Chaos', each time which they are presented with a personal situation and its cause/effect relationship on the economy. This board game style application serves to illustrate the steps leading to the overall financial and housing crisis.
Other videos include an overview of how the U.S. originally came into the use of credit and its relationship with creditors, while another presents a synopsis of Barack Obama's stimulus plan. Additional infographics detail Obama's first 100 days in office as well as the 14 largest dot com companies that went under and the money that went down with them.
"The concepts that are laid out in the videos and financial infographics are serious. With the average person struggling to pay their bills and keep a job, we are doing our part to help them understand what has happened and what is being done to rectify the situation. Access to these resources is provided by a centralized graphic on the creditloan.com homepage. This centralized access exemplifies our vision that all of our visitors deserve a firm understanding of the economic crisis," added Wesley.
About Credit Loan, Inc.
Credit Loan, Inc. is an organization specializing in personal loans, credit cards, and debt consolidation. In 1998, it founded Creditloan.com to help educate consumers about a variety of personal finance issues. Bad credit loans, mortgage/refinancing loans, student loan information, and credit reports are among the many topics that are discussed. The company's site offers a repository of information, including videos and infographics, and provides access to professional help, with email questions typically answered within 24 hours.
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