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Subprime borrowers with poor financial literacy are more likely to default, report says

Posted by krystle 717 days ago (http://www.creditreport.com)
Category: Personal Finance | Tags: finance financial literacy subprime
Many consumers have no option but to face this fate, as high unemployment and diminished home equity have left them with little in the way of liquid assets. Improving their financial literacy, however, may be useful in avoiding this situation in the
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