Noo_Net

Watch out for new credit card traps

By David Ellis, staff writerFebruary 17, 2010: 2:58 PM ET

http://money.cnn.com/2010/02/17/news/companies/credit_card_rules/index.htm

Questions :

1. Do you think everyone has credit cards?

2. How often do people use a credit card?

3. When do people use a credit card?

Vocabularies :

Trap : any device, stratagem, trick, or the like for catching a person unawares.

Egregious : extraordinary in some bad way; glaring; flagrant: an egregious mistake; an egregious liar.

Arbitrary : subject to individual will or judgment without restriction; contingent solely upon one’s discretion: an arbitrary decision.

hefty : heavy; weighty: a hefty book.

transparency : something transparent, esp. a picture, design, or the like on glass or some translucent substance, made visible by light shining through from behind.

Revenue : the income of a government from taxation, excise duties, customs, or other sources, appropriated to the payment of the public expenses.

Scrutinize : to examine in detail with careful or critical attention.

Penalize : to declare (an action, deed, etc.) punishable by law or rule.



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