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Back when, your cell phone was just for talking on the go. Now, mobile banking applications let you manage your finances, and include tools for credit cardholders.

WATCH: Credit Cards: How Young Is Too Young? (ABC News)

Parents debate the appropriate age to give their children credit cards. Credit card - Personal Finance - Child - Credit - Home

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What is a credit default swap? (Washington Post)

That's part of what Greece's prime minister, George Papandreou, blames for his country's financial crisis. A credit default swap is a form of insurance on bonds that investors buy and sell. When it looks like a bond issuer might have trouble paying, its CDS prices soar because the bonds are more...

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