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Released: February 28, 2010

Secret lives of America’s debtors

Source: Juliane Pepitone, CNNMoney

Americans are loaded up with credit card debt. What’s worse is that some husbands, wives and even children hide those money woes from their families. The results are often devastating.

Hidden debt is a common and insidious problem. “It’s a form of cheating so subtle you don’t even know you’re doing it,” said Bonnie Eaker Weil, a relationship expert and author of the book Financial Infidelity. “It’s a power struggle that can be more harmful to a relationship than adultery.”

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