Two thirds (67%) of Americans believed at least one of the five credit misconceptions we asked about in our State of Consumer Credit study. Here, we’re busting them.
Happy waiter holding credit card reader while woman is paying with her smart phone in a cafe.
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Maintaining solid credit can open doors to financial goals, but misunderstanding how credit works can make your efforts futile.As part of the 2024 State of Consumer Credit study, a NerdWallet survey conducted online by The Harris Poll asked more than 2,000 adults a series of questions focusing on common misconceptions about credit.Two thirds (67%) of...