Credit Card Sharks

Banks, loan sharks - they are all the same these days, you say? Well, actually, you might be better off dealing with a loan shark.

From the Washington Post...

There's a new law that forces credit card issuers to increase the minimum monthly payments borrowers must make. The good news is that borrowers will pay much less in interest over time. Nevertheless, many consumers might still be better off owing a loan shark money than a credit card company. Here are seven ruthless practices that credit card issuers engage in and loan sharks don't: