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Bank of America, Citigroup, and JP Morgan are a few of the credit card issuers raising interest rates on credit cards for people in debt as well as those with great credit. 

Consumer Credit Counseling CEO Irma Whitten says it digs a deeper hole for people already struggling to make payments. Her advice is to call your credit card company and ask if they’ll lower your rate because you’re having trouble making payments. If that doesn’t work, credit counselors can almost always get your interest rate reduced.  “We negotiate with the credit card company and they do reduce interest rates if you come to a credit counseling agency,” said Whitten. 

Whitten says to stay ahead of your debt try to make the minimum payment on all of your credit cards each month, and more than your minimum on at least one card.