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Debt or Diet?

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When it comes between losing weight or shedding debt for 2003, more and more Americans are opting for fiscal fitness over physical fitness. Two surveys released this month show nearly one third of consumers have made debt reduction a goal for the new year. According the survey conducted by Roper and commissioned by Bankrate.com, those trying to lose weight want to lose an average of 22 pounds. Those trying to lose debt want to lose an average of $10,911. Cambridge Credit Counseling also released a survey, conducted by ICR/International Communications Research, that shows that 29% of Americans ranked getting out of debt as important as losing weight as top New Year’s Resolutions.

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