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In a post titled " New Credit Card Tricks, Traps, and 79.9% APRs " on the Credit Slips blog, Adam Levitin says that "the card industry is at it again, devising new tricks and traps to disguise the cost of its products and avoid price competition."

The card industry is at it again, devising new tricks and traps to disguise the cost of its products and avoid price competition.  Unfortunately, this was exactly what I predicted in the wake of the Credit CARD Act.  I was a vocal supporter of the Credit CARD Act, but I also viewed More >