[rsobin]

The fine print on the back of credit card application is purposely intended to be difficult to read and understand. The lettering is small often with low contrast. The language has a lot of legalese that probably most high school grads cannot understand fully. It is true that most people do not know what they are signing. Is this the intended purpose? Probably. While it is the fault of the signer that does not understand why and how his rate tripled, in the future it should be made easier for the average person to understand what he is signing.

[Camel Joe]

No matter how easy the language, nor how confiscatory the verbiage fools will part with their money often times before they actually have it. That Sir is what credit actually is, the forfeiture of future earnings in order to avoid the mild discomfort of patience. The payment of interest is a fools paradise in the case of a credit card, there is no excuse for carrying a balance ever. There are scores of good people who carry a balance on cards while paying storage to house their “stuff” which might otherwise be sold to relieve them of that chain of debt that they wear around their necks as if it were of fine gold encrusted with jewels.

[dalereed]

“The fine print on the back of credit card application is purposely intended to be difficult to read and understand.”

I’ve read every word on mine and any other contract i’ve ever sifned and never found any that a normal person couldn’t comprehend!