The borrowing companies are honestly hurting presently and because of this are lowering their rough times on to the everyday debtor. They are reducing credit lines, raising APR’s, and holding back on giving out credit all together. This is creating a huge problem for everyone of us who are given credit cards and use them all the time. I feel like my credit cards are getting heavier and heavier every time I go to use them because of the infinite rising interest rate. Even if I had the desire to enact a balance transfer, I can’t because the remaining banks offering reduced rates are not allowing them at the moment. So I’m trapped using the cards I’m already used to depending on, at an elevated interest rate. It is closing in on the point that I might need to let the debts go past due and hire a debt relief company to settle the bills. I was good paying down the cards prior to this economic catastrophe, before the banks were tying my hands together.