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Credit Card Debt

Watch out for the end of introductory rates

You've always heard about how credit cards have such insane interest rates. Then you get an offer in the mail for a card with a 0 percent introductory rate.You're tempted. Why not use it? You can make a big purchase, then pay it off slowly. It's the same as saving the...

Credit card debt soars to a new high

Credit cards are more common than ever. People use them for everything from online purchases to buying gas at the pump.It may come as no surprise, then, to learn that credit card debt just hit $1.027 trillion, according to the Federal Reserve. That's the highest it's...

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