This Mistake Costs Credit Card Users $76 Billion a Year

·3 min read
This Mistake Costs Credit Card Users $76 Billion a Year

Credit card companies don't operate out of the goodness of their hearts. The latter is a huge source of income for credit card companies. In fact, a new report by The Ascent reveals that in 2020, the credit card industry took in $76 billion in interest income alone.

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