Forefront Research

Credit Scores and Credit Cards

We live in a world of credit

American Express made the first plastic credit card in 1959 and ushered in the era of credit. At first it was invented as a simple connivence and very few could even qualify. However, as credit cards have changed so has our mentality towards them. Without first learning how the simple financial tool works, people find themselves in a world of hurt.

Some interesting statistics that show how dangerous credit cards can be as well as show us why it is important to understand how they work. First, that about 55 . . .

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