You Just Got A Lot Of Sucker Punches!

Here's the truth about credit limits and interest rates for loans:

• Some credit card companies won't tell you your credit limit until after you agree to use their card.
  • You apply for a card, thinking you'll get a $5,000 limit. That's what the ad said.
  • You get a $500 limit.
  • You find out the rotten limit after you get the company's card.
  
  
• Some credit card companies won't tell you the interest rate they charge until after you agree to use their card.
  • The ad said "4 percent loans!"
  • You get your card, and you find out you're charged 25% for loans.
  • You can't cancel the card without spending huge bucks.

Who's laughing?