credit card debt reduction strategies

Citibank raised my interest rate! What should I do?

Guys, here's my situation: When things went well I was a line of credit 28 000 CitiGold and state. The last 2 years have been extremely difficult and unfortunately I found my card limit credit. The problem was I was 4.99% in April, but due to a purchase that was over my credit line of $ 10 I was slapped with a new rate of 25.99%! Now my minimum financial burden has increased from $ 100 to 500 and the minimum payment of 450 to 1400. Contact them about beautiful lady and the clerk sent a call for I get my original pace … of course it was rejected with the promise of a rate less than 12 (!) billing cycles. I have referred to the resolution of the accounts. What should be my strategy now? I returned to school and left my work in recent years and the plan that the school 5-7 years. If I close my credit card and ask for my original 4.99 in April? Should I take a reduction in debt? If Please help me! : (

Citibank will not lower your rate or give any type of regulation. People who carry large balances for long periods are considered high risk. You can try to open a new interest in the map below and on transfer or elsewhere can communicate with an NFCC credit counseling: http://www.nfcc.org/. These are legitimate, nonprofit corporations providing management programs debt for a small fee. They negotiate lower interest and payments so you can pay your debt.