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Old 05-24-2011, 03:38 PM   #1
tw
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Join Date: Jan 2001
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Quote:
Originally Posted by Pete Zicato View Post
An article here says that 50% of Americans could not raise $2000 in the event of an emergency.
I must assume that means 50% are totally maxed out on every credit card. Credit cards are an emergency fund of last resort. One solution for cash flow problems. Difficult is to believe that 50% of Americans are totally maxed out on all credit cards. That article do not discuss this.
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