Thursday, February 18, 2010

The Frog and The Scorpion

There was an old children's story something about a scorpion who was wounded and got a frog to let him ride on his back to cross the river. Midstream that old scorpion bit the frog on the back knowing that they would both die. The frog, shocked and amazing asked the scorpion why he would do such a thing. The scorpion responded that the frog should have known he was a scorpion when the agreement was made.

The new credit card rules are here. But, even before they take effect the banks have structured a whole new set of fees and charges.

So, if you have not already made your personal vow to cut up your credit cards and get rid of credit debt here is another story to remind you why it might be the best idea to do so.

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