It's really sad, Vic, but ever so true. I use my Cabela's card for 99.9% of all my transactions so I can get free stuff (it amuses me). I also pay it in full religiously. My credit score is off the charts and my income is now less than I used to spend dining out.

Today, I received my first Black Signature card. It has no limit. Credit card companies are absolutely predators and I'm thankful that I have enough sense not to take that one too seriously!

I really feel for all the parents trying to teach their kids financial responsibility when even many colleges are into the game.

I have heard that you can't even rent a car without a credit card!