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POPSUnpaid credit cards bedevil Americans While it may not be news , but the situation keeps getting worse, with average families relying on credit to provide essentials, and recurrent expenditure. There is also the trouble that interest payments are becoming hard to maintain, let alone the capital.
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POPSCredit Suisse Group will cut about 150 job Once again, in what has become ‘not too shocking’ anymore, another subprime mortgage lender cuts more jobs. Unfortunately, this is exactly what we should expect when Wall Street stops buying subprime mortgages, the financing industry had record growth but now slowing and we are living in a ‘mortgage credit crunch’….expect more job losses to come.
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