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Category — Credit

Using Credit Wisely can Help Your Long-Term Goals

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While most people scream and run from consumer credit debt, the truth is that not all credit is bad. If you’ve got a high balance on a credit card and you’re paying 22% interest on it, that’s bad credit. However, if you’ve got a low-interest education loan that is ultimately going to help you make more money, that’s good credit.  

July 14, 2009   Mark Morrison is a local mortgage expert in MD.  You can reach Mark toll free at 1-800-851-3730