Urban legends -- those oft-repeated stories that sound just wild enough that they could be true, but really aren't -- prey on our fears, hopes and dreams. Those involving credit cards are no exception.
These five larger-than-life tales about plastic from urban legend site Snopes.com provide entertaining insight about the psychology of money and even a few financial lessons.
Urban legend No. 1: The secret trick for ditching debt
The urban legend: A friend of a friend has racked up $100,000 in debt by charging dinners in fancy restaurants, shopping sprees and luxury vacations on her credit card. But she plans to quickly wipe out her debt -- on the advice of a lawyer friend -- by simply writing $10 checks to her creditors with the notation "paid in full."