The overcomplicated nature of legal forms has gotten out of hand; creditors / banks take advantage of citizens ignorance or lack of education; and our state and federal oversight doesn't consider this a significant issue. PLEASE ask your Legislators & Executives to help bring clarity to Credit Card Application forms. Enact laws requiring adoption of a national standard form that is 1 page long, and understandable. Below is a link to a SINGLE PAGE CREDIT CARD AGREEMENT provided by Siegel and Gale that can be used as a guide, just in case your congressional representatives can't get one written before the election! Thanks Siegel & Gale!
http://www.siegelgale.com/pdf/Siegel+Gale_Introduces_a_Simple_One-Page_Credit%20Card%20Agreement%20That%20Anyone%20Can%20Understand.pdf