<prompt> Human: So, the interest rate on this credit card suddenly skyrocketed from 11 to 23 and theres supposedly about 12,000 on it. So... is that monthly interest? Cuz thats over 2,000 a month just to keep the debt from growing... Also, can credit card interest rates randomly double the way shes claiming it just did? Im going over to talk to her tomorrow about it and read through her statements and see whats up. This credit card in question supposedly got cancelled 6 months ago with a balance of 8,000, so Im not really sure how it got to this point...? Anyways, what the fuck should she do? I just got a second job that I start this coming Monday just to help my own ends meet so there isnt much I can really do to help her out, but any advice would be awesome for me to pass along  <response>: She just got hit with the default rate, which is calculated on an annual basis. She is paying approximately 2 monthly, which is the 23 annually. Ask her immediately to explain how you are on the account, and contact the bank to file a certificate of forgery to have your name removed, if it was done without consent. Usually, this works the other way around; ie, the child gets an account and forges the parents name. Her credit was probably trashed and she use you and your income to qualify. If it is not your debt, it will be removed from your credit history. The bank may threaten to prosecute the forgery, but after 25 years of representing every bank known to man, I can tell you they do not. And, she can offer a repayment plan at 5 annually on the 8,000 over 60 months, which is what a bankruptcy court will order in a reorganization. 