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Rock-bottom interest create looming danger for consumers
Submitted by Editor on Mon, 09/19/2011 - 13:20.
Rock-bottom interest rates clearly have lessened inhibitions about borrowing, particularly for home purchases. Though credit-card borrowing has slowed noticeably in recent months amid warnings that consumer-debt levels in Canada are getting stretched, mortgage debt continues to grow. http://bit.ly/qCDbFq
