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The Truth Behind 'No Hassle' Credit

NPR's Madeleine Brand speaks with Day to Day personal finance contributor Michelle Singletary about the so-called "no-hassle" credit cards offered by Capital One and other companies. Many of those cards start out with low interest rates that can later skyrocket. Singletary writes the syndicated column "The Color of Money" for The Washington Post.

Copyright 2005 NPR

Michelle Singletary
Michelle Singletary is the personal finance guru for NPR’s Day to Day, filing commentaries that can be heard every Tuesday. In conjunction with her work for NPR, Singletary writes the award-winning, syndicated “The Color of Money” column for the Washington Post and is a regular contributor to Howard University's evening news radio program, Insight, on which she discusses personal finance issues.