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Old 03-29-2013, 10:24 PM   #17
Deegee
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Join Date: Mar 2006
Location: Edmonton, AB
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If one carries a balance they should be sitting down and formulating a budget. Low interest cards just mean eventually the balance will grow because that person have yet to solve their spending problem.

Similar to the stupidity of using a single revolving credit facility to consolidate several revolving credit facilities. If someone cannot handle revolving credit, they can't handle it no matter if it's in one product or ten.
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