Last week, the Indiana Gaming Commission contacted a senior center in Muncie to let them know that a popular activity, thrice-weekly games of euchre (a four-player card game) was possibly breaking the state’s gambling law. The seniors shut down their game, not wanting to run afoul of gambling regulations. When the story hit local news, the state government clarified that this type of card game was not really what they had in mind for a crackdown on informal gambling venues. [More]
Next time a checkout clerk offers you an “opportunity” to sign up for a store credit card so that you can get an instant 10% discount on that pack of gum or box of tissues you’re buying, remember this: the price you’ll pay for that deal is an interest rate as high as 25%. And, yeah, you’re telling yourself that’s no big deal, since you’ll pay it off every month. But will you? And are you prepared for the other gotchas tied up in a bright ribbon by your friendly retailer?