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And then of course you have the credit card companies charging high interest rates which in quite a few cases caused the bankruptcy in the first place. According to some financial specialists, much of the debt people accumulate is a
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You're sure to lose. Here's why:. Nearly 50 percent of college students are in credit card debt. One in every 100 families is today affected by a bankruptcy. And nearly 50 percent Americans are supposed to be living beyond their means.
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