All the credit card companies did was RAISE interest rates BEFORE the new laws take effect in Feburary. The law should have been written that rates were to be frozen when the bill was signed.

For instance, I HAD a card with Discount Tire. I had around a 400 balance on it. I got a letter stating the interest rate was going up to 31.9%. I paid it off (of course) and told them I wanted a letter stating the account was closed and paid in full.

IMO I think the days of easy credit for the "average guy" are over. The credit card companies are weeding out the little guys. I have made it my mission for this year to get my debts paid off.

So much for the 'Bamster helping out the middle class huh? Hope and Change my ***!