It's a story for anyone who uses a credit card. A Texas woman says her credit card company allowed her to go way over her limit. She racked up fees and is now deep in debt. "This is the charges for the month." Cheryl Sneed says her most recent credit card statement...made quite a statement. She went more than 500 dollars over her 3500 dollar limit. She says she was never notified. "It would always decline when I reached the limit and that's how I knew to stop." It never did...so she swiped it 14 more times. The company hit her with a 39 dollar over the limit fee. When she called, she says the credit card company wanted to save her the embarrassment. "It wouldn't cause me embarrassment if my card was declined, I would be like, 'Ok, it's done.'" "If you don't want too be part of building their profit margin, you play within the rules." Mark Todd, with Consumer Credit Counseling Services says card companies have no obligation to notify you. "There is no overriding rule. You can check your fine print in your master agreement but generally they allow you to exceed your limit and remember there's a fee, and that averages between 30 and 39." Cheryl has cut the card...closed the account. Pricey lesson learned. "I don't want other people that are in this situation to be stuck in this additional situation that I am now in." Consumer credit counselors also say watch out for universal default. That's when credit card companies raise your interest rates because you made a late payment with other creditors.