Fifth Third Bank wants to push back on the notion that Americans are hopeless at managing their money and woefully uninformed about basic savings strategies.

A survey of U.S. adults commissioned by the bank found that most Americans have at least an elementary grasp of important financial information.

According to the poll, 87 percent know what APR stands for and 74 percent know what DTI — debt to income — means. Similarly, the poll found that 85 percent of respondents know what to do to improve their credit rating. Of course, whether or not they are willing or able to do that is another question.

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