One way credit cards get you is that if your interest and late fees push you over your limit, they slap you with an over the limit fee. Say you have a $1000 limit but owe $975. You miss a payment, so interest and the late fee pushes you to $1005. Guess what? Add a $30 late fee. Now you owe $1035. But the minimum payment is only $25. If that's all you can afford, that means you still are over your limit. So guess what? You get another late fee. The clip I have here shows a man that had $1500 in late fees. Fortunately, it got Congress' attention, and Chase is vowing to stop the chronic late fees. If so, kudos to Chase for doing something right.