No doubt about it... credit cards are part of our monetary existence... especially for those who travel or purchase items online.  Now I'm hearing from folks who say they're credit card companies have suddenly slapped on a new fee or charge.  Why should you be penalized for paying off your credit card bill every month... or for not using the card for so many days... or for not charging enough to your card?

     The reason lawmakers passed the Credit Card Bill of Rights in May 2009 was to protect consumers from unfair practices.  Credit card companies were told new rules and regs would go into effect in February 2010.  Now, four months before those rules come into play... companies are tacking on fees and charges.

     Senator Mark Udall of Colorado introduced a bill to try and stop these practices.  His measure would speed things up... putting the Credit Card Bill of Rights into effect on December 1, 2009.  He says he wants the credit card companies to play fair, especially in these tough economic times.

     My advice is take a close look at your credit card statement the next time you get it.  See if your company has added any new charges or fees.  If so... you might want to take your business elsewhere.  The days of outrageous interest rates slapped onto smart consumers should be banned forever... starting now!