Monday, March 15, 2010

Who's Charging...NOT ME!!

So this came in the mail today...Can you believe it! I've heard on the news this was coming but seeing it on paper has solidified my thankfulness to not own a credit card!!

Oh, and for your convienence, the first year annual fee ($75) will be billed to the credit card (so you instantly have a balance in which the 59.9% interest rate accrues daily). Unbelievable! And if you close your account, there is an account maintenance fee of $3.00 per month that there is a balance over $20! Wow! I hope everyone is reading their credit card disclosures!

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