
Credit and the myths surrounding it have become as American as baseball and apple pie. It’s part of what we do and how we do it. Americans carry over a whopping $4 trillion in outstanding consumer credit, according to the Federal Reserve, and that means that it's essential that we try to understand exactly how that can impact our lives.
Credit is a powerful tool. Powerful tools can be dangerous if not used properly. Understanding credit is key to using credit wisely.
Check out our video of the most common credit myths and the real truths about them.