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June 29, 2008 3:00 AM

Credit ripoff: How a $100 purchase turns into a $1,000 debt

Subprime credit cards might be the worst consumer credit product ever marketed. Their high interest rates, costly penalties and high, hidden fees can eat up nearly all the credit available from the cards and, over time, turn a $100 purchase into more than a thousand dollars of debt. Wendy Adams, of Las Vegas, is living that nightmare.

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