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May 12, 2008 Archives
As gas and food prices spike in this unstable economy, credit card debt is also on the rise. Those who accumulate debt they cannot pay off face consequences such as harassing calls from debt collectors and even home foreclosure. Think that sounds bad? If you lived in the United States or United Kingdom in the 1700s and 1800s, you would have been thrown in prison for reneging on your payments. Should debtors' prisons make a comeback?
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