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Credit Public Service Union When you find yourself staring at a mountainous stack of unpaid
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through this difficult time. Help is no further away than the
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Catalogue: Finance | Debt Consolidation
Title: Using The Internet To Get Out Of Debt By: Connie
Barker
Credit card and even more so Store card interest are set at exorbitant rates for one reason alone, companies make their money from the consumer’s inability to settle their card balances. Credit card debt is unsecured, whereas other debt like your mortgage is secured (your home acts as security against your debt). With credit card debt, there is no backing security, which means that credit card debt is high risk for banks and hence the high interest rates
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