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Citigroup plans to utilize USD 36.5 billion out of the bailout capital, infused by the U.S. government, for new mortgages, credit card loans and for buying mortgage-backed securities. The banks' aim is to use TARP (Trouble Asset Relief Program) funds to increase available lending and liquidity.

In fact, there was no loan available for bad credit borrowers few years ago. Moreover, good credit borrowers had also difficulties even when they necessitated cash to meet emergency needs. First of al...


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