Lita, My husband and I have 4 credit cards which we have pretty much run up to their limits of $4,000 for two of them and $2,500 for the other two. We never intended to get so in debt with them because we had learned our lesson with credit cards many years ago (or so we thought). We had some medical bills we didn't plan on and then both of our dogs got very ill and we needed to use them for their care. I have been very diligent about making the payments on time and always try whenever possible to pay a little more than the minimum amount due but I am getting letters from the credit card companies telling me they have raised my interest rates and I am so frustrated because all I seem to be doing is "spinning my wheels" and not getting anywhere with paying them off. Can they legally raise my rates without a valid reason? Dare I call them and ask them to lower my rates because of my good payment history? I would appreciate any suggestions you have as to the best and most practical way to get these payed off. Thank you very much!
Cindy
