These companies aka loan shark's are going to try and screw you every which way until the Credit Card Accountability Responsibility and Disclosure Act of 2009 goes into effect in February 2010. They have been raping the public for many years with their practices and hopefully this will be ending very soon. Enjoy the very well written article below posted on Mint.com
The End of Credit Card Rip-offs?
Joshua Ritchie on 11/18/2009
For many years, the credit card industry has resembled a modern day Wild Wild West. Unrestrained by regulatory discipline, American credit card companies have made life confusing (to say the least) for millions – often with no serious repercussions whatsoever. This lamentable state of affairs has led to the common complaints we’re all familiar with – unexplained fees, random interest rate hikes and the overall sense that you are being jerked around by “The Man.”
Full article
screw em i quit paying mine
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