Credit Card is a card that allows a person to make purchases up to the limit set by the card issuer. One must then pay off the balance in installments with interest payments.The longer card holder wait to pay off …

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A subprime loan typically has a higher interest rate than other loans because the people who need it usually have a poor credit history or very low credit score. These high interest loans do make people pay a lot more …

Tags: AIG, Citibank, credit score, fannie may, freddie mac, HSBC, lehman brothers, merrill lynch, Subprime mortgage