7 of the Most Pervasive Credit Card Myths
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There are more than a billion credit cards in existence, and the average American holds three or more. Our society is very reliant on credit cards for their convenience, and we enjoy the many perks they offer, like fraud protection and rewards programs. Cards also help you build your credit score, which can help you qualify for loans and get lower interest rates. Still, many of us don't know how to take full advantage of our credit cards.
Here are seven myths you should no longer believe. Set yourself straight, and you may end up saving -- or receiving -- hundreds or thousands of dollars.
Source: Fool.com
