In the good old days when money grew on trees, we could all afford most of the things we wanted when we wanted them. With credit like a tap to release a flood of money on demand, the new car and expensive lifestyle were all within reach. All we had to do was keep the job and watch the value of our homes grow to give us the security we needed for all this borrowed money. Now the world has turned on its head. Credit has dried up, we have rising unemployment and house prices have plunged into the depths. The result? We all have to learn to be a little more frugal. Like our grandparents, running a... 

A lot of credit cards have the right of substantially raising rates in case one misses a payment, or commits any other financial fault. Just lay on your cash loan or a mortgage. Pay off your electric bills. Transcend your credit limit. Permit rating of your credit to get lower of what the credit card company supposes an acceptable level or be considered to be bearing too much liability. Instead of paying 9% on your debt, you all of a sudden are paying 28% or even more. Review the conditions of your contract, in order to pull out if your credit card company has the right of getting universal non-payment...