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Released: August 07, 2011
Five ways the downgrade in U.S. credit rating affects you
Source: Ylan Q. Mui, The Washington Post
The impact on your wallet of the Standard & Poor’s downgrade of the nation’s credit rating is similar to what would happen if your own credit score declined: The cost of borrowing money is likely to go up. Here are five things to keep in mind as financial markets respond to this historic event.Read Full Article: Five ways the downgrade in U.S. credit rating affects you
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