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Credit Card Debt Drops To Lowest Level In 8 Years

The amount consumers owed on their credit cards in this year's second quarter dropped to the lowest level in more than eight years as cardholders continued to pay off balances in the uncertain economy, according to credit reporting agency TransUnion.

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Posted on 25 August '10 by admin, under Consolidating student loan, Debt managment, Freedom debt relief, Investing advice, Mutual Funds, debts consolidation, wealth building.