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Customers Confused By Credit Card Agreements
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9 Sep 2016 02:05 AM EST

$6,000 is the average amount of credit card debt per American household. Many consumers don't understand their credit card agreements and wind up paying more than they need to. According to, about 75 percent of Americans don't even read their contracts before signing up for a credit card. One financial expert advises customers to look at the last page of the agreement which is where the credit card companies tend to hide all of the important features.

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