Moneywise: Reading the Fine Print in Credit Card Agreements

Daily BreezeJuly 01, 2009

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Summary


The typical multi-page agreement that accompanies a new or renewed credit card is no fun to navigate, especially when the legalese is printed in a font so small even a 20-something has to squint.

But failing to read every word and understand the implications of the provisions can catch consumers unaware. That's what happened to one 29-year-old Hermosa Beach resident, whose overdue payment has put her in a bind.

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Moneywise: Reading the Fine Print in Credit Card Agreements

Q. After being an excellent customer for nearly five years, I was shocked to be treated like a deadbeat just because my payment ...

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