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And while home equity lines of credit have revolving terms the bulk of debt considered is true unsecured revolving debt incurred on plastic. An auto loan is a good example as you're generally making the same payment loans and insurance based on certain criteria that the lender has ... Read Article
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Your Good Credit
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Debt: implications for monetary policy and financial stability”, auto loans was maintained at 5.1% in the fourth quarter of 2007, serving as collateral. By contrast, credit card loans are unsecured and tend to attract borrowers of lower quality. ... Read More
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