Marketplace polled Canadians about credit cards as part of our investigation into credit balance insurance.
According to the poll conducted for Marketplace, Canadians surveyed feel powerless when it comes to their credit cards — from high interest rates to confusing fine print to hidden fees — and they want a consumers’ “Bill of Rights” to protect them.
Some highlights of the Marketplace-EKOS poll:
 23% with credit balance insurance say they weren’t given full disclosure when it was sold to them.
22% with the insurance say it was never explained the policy was optional.
51% with the insurance say it was never explained that policy would not pay their entire balance if they lost their job or fell ill.
56% with the insurance said it was never explained the insurance wouldn’t cover pre-existing medical problems
This survey was conducted February 12-16, 2009. In total, a random sample of 1,036 Canadians aged 18 and over responded to the survey. A sample of this size provides a margin of error of +/- 3.0 percentage points, 19 times
out of 20. The margin of error increases when the results are sub-divided (i.e., error margins for sub-groups such as regions).
 Click here to read the full Marketplace-EKOS survey
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WOW, i sure learned a lot about credit cards last evening. THANK YOU SO MUCH.
i also want to say im never dissatisfied with your programs. keep them coming. please.