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From NYTimes.com:

The banks were bailed out last fall, the automobile companies last winter. For Edward McClelland, a writer in Chicago, deliverance finally arrived a few days ago.

Mr. McClelland’s credit card company was calling yet again, wondering when it could expect the next installment on his delinquent account. He proposed paying half of his $5,486 balance and calling the matter even.

It’s a deal, the account representative immediately said, not even bothering to check with a supervisor.

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  • http://www.blackplanet.com/DA_GEORGETOWN_MAYOR/ DA_GEORGETOWN_MAYOR

    JUS ANOTHER PLOT IN THE COMING COLLAPSING DOLLAR!

  • http://www.blackplanet.com/Sixfootr34/ Sixfootr34

    hell yeah they gonna take that…something is better than nothing when it comes to settling a debt nowadays

  • http://newsone.com/nation/opinion-how-you-can-solve-your-credit-problems/ OPINION: How You Can Solve Your Credit Problems | News One

    [...] RELATED: Credit Card Companies Give Debtors A Bail-Out [...]

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