The borrowing firms are really hurting at this moment and as a result are lowering their headaches on to the typical consumer. They are minimizing credit limits, increasing APR’s, and withholding on giving out credit all together. This is making a gigantic problem for all of us who carry credit cards and utilize them all the time. I feel as if my credit cards are getting heavier and heavier every time I go to use them because of the infinite rising APR. Even if I wanted to enact a balance transfer, I can’t because the other banks offering reduced rates aren’t allowing them at the moment. So I’m trapped charging the cards I’m already currently relying on, at an elevated interest rate. It’s closing in on the condition that I may need to let the bills go delinquent and hire a debt relief company to make a deal on the debt. I was fine paying on the cards prior to this economic crisis, before the banks were tying my hands together.