Credit experts say you have a couple of options.

"If you do have good credit and pay your balance in full, you can call your company to ask for a lower rate. They should negotiate with you.

Another option is paying off the card and closing it, although canceling the card can lower your credit score."

The opitons are weak, outdated, does support realtime liability increased cost- radical goverment intervention is needed to aggressively control abuse. In a participatory democracy there is zero common sense in credit card industry. However, many will have be burden by thousands in debt before realized.