7 Ways to Lower Your Credit Card Interest

Just in case you didn't see this story in BusinessWeek, be on your guard: credit card issuers are getting very aggressive about raising credit card rates. Very likely they are responding to the credit crunch and deciding to get what they can, while they can, before things get any worse. The problem is when they double interest rates, minimum payments rise, and consumers get backed into a corner -- with bankruptcy as the only solution they see.

If your credit card issuer has raised your rates, please let me know!

And in the meantime, here is a recent webcast I did for ABC-TV in Sarasota. You'll get seven strategies for cutting credit card costs.