Many american are liveing beyond their means by abuseing thier credit cards. You concider their credit limit as another sourse of income and charge up to the limit then they had to pay enormous finance charges evry month because they have run their credit cards to the limit. They get into to much debit and spent all their paychecks before they receive them. Although they make enough money to live. They get into a situation where one cannot afford even the basics because he have two many debts

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