So our company has a credit card that we paid at the end of every month - until a few months ago.  Times are tough, but the interest rate on the card was tollerable and it was nice to have the flexibility while things are slow.

Last month, without any provocation or notice our credit card company raised our interest rate to 30.31%.  I called the company and they explained that, although we have never been late on a payment and always paid well over the minimum amount due, our 'spending profile' had changed causing the interest rate increase.

I'm sure there is some fine print somewhere that I should have read ... Ba$*@rds.

Fortunatly work has picked up and we have other options that allow is to pay these folks off, but not with out dropping a few hundred dollars on interest payments.

So please - learn from our mistakes and keep a close watch on your credit cards!!