Many people have gotten themselves into trouble by running up debt with credit cards. With the recent downturn in the economy, many people have turned to credit cards in order to pay for essential items such as groceries and fuel. Additionally, people who suffered job loss turned to credit cards in order to make ends meet each month.
The downside of using credit cards for these purposes is that they are offered at high interest rates. In other words borrowing costs with bad credit are
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