Is your latest credit card statement as shocking as mine?

My recent credit card statement came in the mail, as it always does, and I opened it, as I always do, but this time...well, if I were a cartoon character, my eyes would have bulged out, my jaw would have dropped to the floor, and then exploded into a million tiny fragments. That's because, just as the Credit CARD Act of 2009 promised, banks are now required to exactly spell out the terms of your agreement on your credit card statements.

As regular readers of WalletPop might know, after almost two decades of being mired in credit card debt, I finally had to wave the white flag and declare bankruptcy a few years ago. But last year, my wife had a lot of dental work that needed to be done, and we were approved for a card that's only used to pay for medical care. (I'd like to name the credit card that I use for this, just so people are aware of it, but there's that whole identity theft thing.)