In September and October, many companies plan to raise interest rates and fees.
American Express will even start cancelling reward points for some customers who don't pay on time.
Financial experts say card issuers are looking for ways to generate revenue, but they are still willing to work with you to pay off your debt.
"Credit cards are willing to work with clients now more than ever they're offering lower interest rates, and waving all the fees, and the payments are being lowered, we're encouraging clients experiencing difficulty to call us quick," Irma Whitten, CCCS Albany CEO.
The news isn't all bad, both Discover and American Express announced they're eliminating over the limit fees in the next few months.
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