OUCH :: Capital One to pay $210 million in fines, consumer refunds

So what is new...misleading customers, goverment steps in and gets millions in fees. Customers get $5 bucks each and left to move to the next banking scam. Nice!

Full article...

3-year olds are great Credit Risk

Afterall they have a lifetime to payoff their credit card balance. Now that is even more interesting than the 79.95% interest:

http://money.cnn.com/2011/01/13/pf/credit_cards_for_kids/index.htm?iid=EL

How about 79.9% interest rate?

I thought that 29.95% was hign from Chase but this bank has exceeded all my expectations for a "reasonable" interest rate... Yet 700,000 people signed up for it. Now that is something!

http://money.cnn.com/2011/02/07/pf/credit_card_interest_rate/index.htm

Don't let job trouble turn into credit card trouble

The recession is over...yeah right! With unemployment at 9.5% or 12% in California, the recession may not be over for everyone. These folks are facing a tough road. As some may rely on debt to survive the credit card sharks are circling. This article emphasizes the importance of staying away from credit cards when crisis hits home.

Government regulations fail to stop credit card robbery

If you thought that the newly imposed credit card regulations are helping consumers, think again. Apparently banks have found new ways to ripoff their credit card clients.