10 Things Most Americans Don’t Know About Credit Cards In 2022

Your Credit Report Shows as Debt-Free If You Pay Your Balance in Full Every Month

Applying For a Store-Branded Credit Card Won’t Hurt Your Score

[{"selector":"#anim-67b6e2b4-7d04-4a0e-9e1a-b5d316456b8d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-47.29335923855621%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-0f258ad9-464c-4fc9-9703-c07c4940e7a5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d20ac538-1c69-4d88-93e9-54c71a7a8fd2","keyframes":{"transform":["translate3d(115.45741%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Closing Unused Accounts Raises My Credit Score

[{"selector":"#anim-79bfa1a4-6b2c-4202-88c3-eeaa6085db8b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-47.29335923855621%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-475f3753-af32-4d51-a637-af1a8b35c03d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5c6112dd-b21d-43d6-b373-3cf1bcb48591","keyframes":{"transform":["translate3d(115.45741%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

You Must Carry a Balance To Improve Your Credit Score

[{"selector":"#anim-f6eb6e99-dc7f-456b-b79b-8c21b0bbff72 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-47.29335923855621%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-071040c1-348b-4a74-840b-9a098dcc9dcc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-784d9061-a680-48be-b087-71334bd2f92b","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

All Credit Cards Charge More or Less the Same Interest Rate

[{"selector":"#anim-dd693a47-636c-414d-a061-ac709d067bd4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-47.29335923855621%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-64f17040-8209-4115-ab76-caaec936d7e5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aa303538-95a1-4010-86de-51893edd75aa","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

It’s OK To Carry a Balance If You’re Earning Credit Card Reward

[{"selector":"#anim-e37d26b3-5f7a-461d-b7d4-f66d34936fa9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-47.29335923855621%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-cf01fda9-7847-4f3d-888e-f3a88a8b07bb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b2777471-2cb4-4768-92df-bb6d4a204909","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Paying Off Delinquent Debts Erases Them From Your Credit History

[{"selector":"#anim-047ff632-87e2-41d0-bdc1-134ea2555906 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-47.29335923855621%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-101f894d-9dc2-4f80-ad66-ce2c73b0f388","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9a577e9a-9234-4b11-9f69-a57336cac6e0","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

It Never Makes Sense To Pay an Annual Fee To Get a Credit Card

[{"selector":"#anim-39fe7ab2-4435-4100-8368-b5aa86125a03 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-47.29335923855621%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-69b1b00b-075c-4e86-915f-6cf3a5fe8bde","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bdf1c1c0-5daf-4e39-8553-a5997f7b738f","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Credit Reports Are Always Accurate

[{"selector":"#anim-9c291e3c-3d65-419d-9e9f-47814f2f0e81 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-47.29335923855621%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d86fa7e4-baf7-4f9f-b697-c9a271628dfb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b43eb87d-80c8-434d-abdc-99e103728769","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

All You Need Is a Single Credit Card

[{"selector":"#anim-f3808652-db57-4e45-ba50-6c6480595f56 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-47.29335923855621%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-cf569551-aac6-4267-a561-c62d09d98be4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f5fe0eb4-432d-4097-aea7-7fc6d5423f84","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]