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Re: Ace Hanlon post# 81787

Saturday, 03/01/2003 7:44:11 PM

Saturday, March 01, 2003 7:44:11 PM

Post# of 704041
re Consumer Debt - do you have any idea what the average interest charge is on consumer debt? This is an important question, as it determines the percentage change in payments casuee by rate changes. If people are currently paying 15%, a 1% rise in rates means a lot less than if they are paying, say 7%.


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