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Text File  |  1999-05-13  |  256 b   |  9 lines
  1. Using credit is borrowing money 
  2. without collateral. Repayment 
  3. is based on your honesty. Failure 
  4. to repay means the borrower 
  5. absorbs the loss. Therefore, the 
  6. risk is shared with other 
  7. customers borrowing through the 
  8. interest that is charged.
  9.