NEW YORK ( TheStreet) -- In most cases, the only way to really know what you're getting into when applying for a credit card is to meticulously read the fine print on your credit card agreement. The reality, however, is that most people have neither the time nor patience to wade through the abstruse language of pricing disclosures before applying for a card.Therefore, CardHub.com conducted its Summer 2010 Credit Card Application Study to determine what information could be gathered from online credit card applications without reading the fine print -- what most people see before they apply for a credit card. The study evaluated applications from the 10 largest credit card issuers to determine how upfront they were in disclosing essential elements of a typical agreement. The key components identified included the annual percentage rate, common fees and rewards program information.
What Your Credit Card Application is Hiding
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