I was wondering if anything is been done about the high interest rates put on credit cards. I have a credit card debt with egg of £7200. I pay them around £179.00 a amonth but the balance never comes down by much. Is there any way out of this as I feel I may as well burn the money for all the good it does. I have the card since 2005. I have heard of something about if you have a card before 2007 it may not have contained the correct agreemant terms. Could you please advise me on the best way foreward.

Thank you