Indy shines in credit card study

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Texas-based USAA found that Indianapolis residents have done well at taming credit card balances.

In a new study, USAA found that 75 percent of local residents owe $5,000 or less on their credit cards, the highest percentage among the six cities surveyed.

Nearly seven in 10 pay their credit cards in full every month, the survey found.

Still, there’s room for improvement. The study found 30 percent percent didn’t know their interest rates.•

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