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Credit card losses climb with jobless rate in Aug (Reuters)


A weak U.S. labor market led to bigger bank writedowns of credit card debt in August as a record-high jobless rate left consumers struggling to pay their bills.

This entry was posted on Wednesday, September 16th, 2009, 11:54 am and is filed under Finance News. You can follow any responses to this entry through RSS 2.0. Both comments and pings are currently closed.

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