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The 13th Century Italians almost certainly had the closest share trading markets to what we would recognize today. The Venetian traders were probably the first ones to begin dealing with government securities and even back then there was insider trading going on. In fact as early as 1351 there was a law passed in Venice which was designed to stop people spreading rumors that would drive down prices. Credit Card Consolidation Loans - Can They Save You Money Credit card consolidation loans can make a huge difference to your monthly outgoings if you have a number of credit cards with outstanding balances. Instead of paying the massive amounts of interest that the credit card companies charge you can often get a lower rate of interest together with a lower monthly payment. However if you choose to use a financial professional then you just need to make some enquiries to ascertain their track record. Don't assume that because they are a professional that they know everything about each different aspect of investing. Whichever type of investment you are considering make sure they have a proven track record in that particular field. While markets fluctuate and at times quite wildly they do tend to rise over time but that won't help you if you need to get your hands on your cash the day after tomorrow and the market's in freefall. As with anything else it's vital to understand the rules of the game and how they apply to the position you are planning to take. If you are finding that you have outstanding balances of two, three or more credit cards you will probably be well advised to look into taking out a debt consolidation loan. This will enable you to spread your borrowing over a fixed period of time. It will also ensure that you are paying a much, much lower rate of interest than you would be paying on your cards. Poor credit isn't necessarily a barrier to you getting a loan to consolidate your debt as the companies understand your situation. There does though have to be an explanation when you apply for a loan for debt consolidation. Poor credit requires you to explain how you came to be in arrears and, just as importantly, why things are going to be different now. 

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