Retirees’ 4 biggest credit card misconceptions

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​How can something so common be so misunderstood?

Credit cards are everywhere. Today, 76% of U.S. consumers own at least one—and 31% have four or more. Despite this, credit cards are still misunderstood by many retirees, even though they’ve been using them almost their entire lives.

What’s at stake is the potential loss of hundreds of dollars…

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