Pay the minimum / stay in debt Just keep making the minimum payments and hope you can stick it out. When creditors call offering some token “assistance” program you take it, but it won’t really help – it will just make the creditor more money. ..

The Universal Default Clause is usually in the Terms of Agreement and allows companies to raise your rates on all your cards even if you have only been late on one! Credit card companies do a great job disclosing all of their terms and condition..