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personal finance

Even with personal finance savvy rising, high credit card debt persists

Americans are more educated about credit than they were before the recession started up; however, their knowledge about personal finance isn’t resulting in better decisions about credit and lending. A survey indicates that most Americans know the interest rates they are paying on their credit card and they know their credit rating. Even so, they continue to carry high interest credit card debt and many don’t know how to improve their credit scores.  Read more