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Easy access to credit can lead to overspending and increased debt, as individuals may borrow more than they can afford to repay. This can result in high-interest charges and financial instability, potentially leading to bankruptcy. Additionally, it may encourage a culture of dependence on credit, discouraging savings and responsible financial planning. Ultimately, easy credit can undermine long-term financial health and security.

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3w ago

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Where in Canada can loans for people with bad credit be obtained?

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