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However, consumers are also beginning to feel better about their finances in general since the end of the recession and in recent months have even taken to opening new credit cards as lenders roll out efforts to market these accounts more aggressively. In particular, many lenders are now opening borrowing options to subprime borrowers who may have had the desire to borrow all along but were locked out by increased lending standards.
Don’t see your city on the list? Get cracking on cutting your credit card bills and maybe next time you’ll bump your town up to the top!
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