(BPT) - Do you ever feel like you don't really understand as much as you should about credit ratings and credit in general? If so, you're not alone. A new survey* conducted by Credit One Bank, in partnership with YouGov, discovered a startling truth: Many U.S. adults with credit cards have a surprising gap in their understanding of the basics of credit.

For example, nearly three in four survey respondents (72%) were unaware that a single missed credit card payment can stay on their credit report for up to seven years. In addition, nearly half of respondents (48%) were unaware that creditors may close accounts due to inactivity, which can also reduce the length of their credit history.

These and other survey findings highlight the need for better financial education from a credible source

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