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Just got off the phone with my wife. We had some CDs that matured, so she went down to the bank to see what they were offering. The rates on the new CDs are a joke. But that's not why I'm posting this. The thing that struck me was that she said they pushed very hard to get us to borrow money. They wanted to give us a line of credit on our house. We didn't even ask, nor do we want one.
I thought the banks stopped throwing money at people. Isn't that what got us into this mess?
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