My beautiful sisters.....
I wanted to bring to your attention something that some credit card companies are doing, particularly Bank of America. In the past, cc companies would up your interest rate if you were late on a payment, etc.
NOW however, some are upping the rate on those who have had no problems paying on time. You might not even know that the company has done this, unless you look VERY carefully at your statement.
This just happened to us. We had a card that went to almost 30% for NO reason at all. None. Thankfully I had happened to see an article about what cc companies are doing now here
I sent that article to TWS and about that same time, he discovered that that is EXACTLY what BoA did to us.
Here is another short but REALLY good article about what cc companies do, but do not tell you about.
Also here about trying to save money on gas and what actually ends up costing you money:
Of course we know that we should stay out of debt. While we are working on it, however, we are at the mercy of cc companies unless we are careful about checking our finances, fees, increases, etc. There are so many different banks and companies, you CAN go shopping. I have read that you can try talking to a manager, not just the customer service rep, at your cc companies and let them know that you will walk immediately. Apparently, sometimes they will work with you, especially if you have been in good standing.
Have a wonderful day!