Credit card issuers.  There is quite a bit of news right now on "rate jacking," the practice by credit card companies of zooming up interest rates out of nowhere on good customers.  Most stories talk about people with 7.95% rates now looking at 16.95% rates.  This is despicable-- especially, when some of these banks (the most common card issuers) have been the beneficiaries of bailout bucks.

There is also movement by the comatose, zombie politicians in Washington to crackdown on these crooks-- too little, too late I say.  I am hearing the crackdown won't even take effect until 2010-- what a joke!

These predatory practices by the credit card issuers are all the more reason to minimize balances or pay them off if possible . . .

Not going too far on this one right now.  I will be sharing my recent research on managing and raising your credit scores (a new pet project of mine) in some planned future posts . . .