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Making a purchase with a credit card. Making a purchase with a credit card. (Source: Shutterstock)

A CFPB report found the top 20 issuers of credit cards write agreements that are significantly longer than other banks and credit unions, but their prose is simpler.

The CFPB uses the same rule of thumb used by crotchety city editors to berate genius new reporters fresh out of college: Write for a reader with an eighth-grade education.

Jim DuPlessis

A journalist for decades.

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