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Old 04-23-2010, 11:23 PM
nmboone nmboone is offline
$ Saving HS Sophomore
 
Join Date: Aug 2008
Location: Baton Rouge, La.
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I have a cousin who once got an auto loan for 26% interest! Needless to say, it was repossessed not too long later.

I don't get what's so bad about building credit with a credit card as long as you are paying it off EVERY SINGLE MONTH. If you don't think you can do that though I wouldn't go that route.
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