10 Things Most Americans Don't Know About Credit Cards

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

2 :-  Applying For a Store-Branded Credit Card Won't Hurt Your Score

3 :-  Closing Unused Accounts Raises My Credit Score

4 :-  You Must Carry a Balance To Improve Your Credit Score

5 :-  All Credit Cards Charge More or Less the Same Interest Rate

6 :-  It's OK To Carry a Balance If You're Earning Credit Card Rewards

7 :-  Paying Off Delinquent Debts Erases Them From Your Credit History

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

9 :-  Credit Reports Are Always Accurate

10 :-  All You Need Is a Single Credit Card