Me and my husband have a 8,000 dollar balance on a chase credit card with a very low apr and it gets paid every month on time, each month with a automatic draft from our checking account. This works well as the balance is going down each month and nothing is getting added to this account with the exception of very little interest. Our payment is like 160 a month and goes down about 4 bucks each month. We'll they sent me a change of terms in the mail today telling me that as of my September statement date they will increase my minimum payment from 2% to 5%. That will go from 160 to 400 dollars a month. And they told me that I CANNOT opt out!!!! I will either have to transfer this balance elsewhere or really consider bankrupcty. I mean, they will possilby go from getting a payment on time each and every month to possibly getting little of nothing. I can't believe this crap! It even state this change is a direct result of my apr. Basically meaning that they are not making enough money on me. We'll they may just lose out all together if I file bankruptcy.