With an average American household today running anywhere from $10,000 in debt a huge part of that is credit card debt. Living well beyond your means has totally taken its toll. There is a great sinking feeling that will come naturally to individuals mind that standard people like you and me are going broke and seeing the inevitable happening to them when they see that they owe some monthly payment toward their credit cards adjusted only the interest they owe and the total principal due remains the same. In fact it produces month after month as any interest that remains unpaid is added up to the principal amount. This is the problem. You are revolving debt and it will not go on forever. The problem should be taken care of today. Take a good look at what the interest rate you are paying on your credit cards and you’ll be surprised on the crazy 20% percent you’re paying per annum.