Monday, May 05, 2008

Credit Card Ticks to Avoid

Top 5 Sneaky Credit Card Tricks
AOL Money & Finance

Credit-card companies are quite inventive when it comes to charging fees or finding new reasons to jack up your interest rate. After all, it's how they make money.

In 2005 alone (the latest year available), consumers paid nearly $88 billion in interest charges and penalty fees, according to Cards & Payments, an industry magazine. That's an increase of nearly 10% over 2004.

But with some vigilance, you can avoid getting burned. Here are five of the latest credit-card tricks to watch out for.

Click Here: Top 5ive Sneaky Credit Card Tricks -- Intro - AOL Money & Finance

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