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True or False? All you need is one credit card? That use to be true before the recession but, now that credit card issuers can cancel your card for any reason, you should have more that one according to Real Simple Magazine. Credit card companies are closing accounts and reducing spending limits even on customers with good credit histories if they perceive they are having cash flow problems.

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Watch Attorney James Miller on the Morning Blend as he discusses his new book, The Secrets About Bankruptcy They Don't Want You To Know.

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Morning Blend will re-run on Labor Day.

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