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. Each household carries an average of six credit cards and spends more on credit cards than most other nations.
We don’t lead in debt per-capita. But that stat is driven more by housing costs than by credit cards.
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.