Have you got a few credit cards that carry a balance? Then pay them off! No seriously, if you find yourself in this situation you should certainly try to pay them down. In the meantime, don't be afraid to shop around and see what kind of deals are out there. You may want to approach your current card companies and call some others to see if you can get a better deal if you consolidate the balances on one card. It's called buying power, you just happen to be buying an interest rate.

This article gives you some ins and outs of balance transfers if you find a better offer showing up in your mailbox.