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You don't improve your standard of living by borrowing your way up. Contrary to what the news media says most banks are hurting for consumer loan business. There are so many bank owners now that made their money elsewhere, i.e. real esate developers, and have little to no practical experience in the field of banking. They want the fast buck and aren't concerned about tomorrow. Luring people to borrow "over their heads" is exactly what put us in the real estate crisis.

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