Credit cards might offer convenience and security, but they aren’t without their drawbacks. If you’re a heavy credit card user, or thinking about applying for a new card, it’s important to make sure you aren’t putting yourself at risk for credit problemsdown the road. Even cash back and rewards credit cards come with certain caveats, and consumers need to pay close attention to the terms and conditions before signing on the dotted line.
Unfortunately, many cardholders also hold false beliefs about how these pieces of plastic work. Here are six credit card myths, debunked.
