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Old 11-10-2008, 05:29 PM  
Ron Bennett
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Join Date: Oct 2003
Posts: 1,653
The more owes, the more one can borrow - crazy, but true.

And that's true even for individuals - ie. a person with little to no debt, often regardless of assets, will often face a struggle to get even one decent credit card... while the person with several credit cards, again regardless of assets (they could own nothing), carrying balances can most often get more credit cards to borrow even more.

Ron
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