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Rule #1: Banks WANT to Give you Money In fact they’re desperate to give it to you. Every bank in the world makes their money by making loans and charging interest. But bank’s are also faced with a dilemma. If they give loans to everyone, then that money becomes less valuable. In fact, it…

Credit card debt and college students

Student lending giant Sallie Mae reports that the average college student’s amount of credit card debt is skyrocketing. I talked to one recent graduate for whom that’s especially true.

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