Blog > Archive by tag 'adjustable rate mortgage'
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Credit Card Debt: Profit from the mortgage collapse

April 9, 2008 · Filed Under US Stocks and Markets · Comments 
“Evidence suggests that as adjustable rate mortgages (ARMs) reset to higher interest rates, consumers in these regions - and across the country - are relying more on their credit cards to finance such day-to-day living expenses as groceries and gasoline.” — Robert Williams by Robert Williams Baltimore – (TFN): Late credit card [...]

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