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Bank(rupt)ing on the future

Updated: October 3, 2003, 2:21 PM ET
By Tom Farrey | ESPN.com

The offers start flowing near the end of their college, and sometimes high school, careers, carried on the wings of agents who have friends in the financial services industry. Offers of easy money -- instant money -- with terms so outrageous they might as well be framed in the parlance of Internet junk mail.

Bad credit? We don't care!

No collateral? No problem!

No job? No income? No worries!

Low-interest lines of credit of up to $100,000 are yours -- NOW!

"I remember ...

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