Eight Things A Credit Card User Should Know

PBS, Frontline, and the NY Times have collaborated on a series called The Secret Life Of Credit Cards last year. I must have missed it :( Of particular interest are the Eight Things A Credit Card User Should Know. These include:

1. The bank can raise your rate whenever it likes.
2. Your credit score
3. There is no limit on late charges
4. It's important to read the fine print
5. Many Americans are inattentive (Duh! This is news?)
6. There is no federal limit on interest rates

Scary stuff.