TheGrio.com and CNBC team up to deliver a weekly review of money matters and market updates.
CNBC’s Shartia Brantley reports that consumers credit has decreased by $26.1 billion dollars in July. This week, the treasury department reported a slow start for a federal home loan program. Meantime, home foreclosures are still higher than they were a year ago, despite a small month-to-month dip.
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