2007-11-15 — efinancedirectory.com
"With lenders reducing the number of home equity loans that are offered, Americans are turning back to credit cards to make ends meet. Credit card balances have increased as home equity balances have fallen, according to a report by Merrill Lynch economist David Rosenberg. In the past six months, credit card balances have risen at an annual rate of 17 percent." -- Good God.
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