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Unformatted text preview: high-interest consumer credit. Avoid consumer credit that involves annual fees. Do not use consumer credit to pay for regular expenses unless you are doing so in order to take advantage of free frequent flier miles and discounts or because a credit card is required (e.g., internet purchases, car rentals, hotel rooms) and you plan to pay the balance in full each month. I found a great web site that was very insightful as well. http://hubpages.com/hub/4-Steps-to-Managing-Debt-Income-and-Savings...
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- Spring '10