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Updated: 10:48 PM Nov 5, 2008
Credit Crisis Takes Toll on Those With Good Credit
Banks slashing credit limits for many customers. Posted: 7:05 PM Nov 5, 2008 |
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The one stat that is left off, as reported bt CBS Newscom, the amount of debt the average American has. Nine credit cards with an average balance of $16,638. It seems as if the "spending power" should be replaced with "saving power". If you can't pay for it, in cash, in full, YOU CAN'T AFFORD IT!
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