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 someone’s mind that common people like you and me are going poor 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. Truth be told is that interest that remains unpaid will add up toward the master amount. This is the problem. You are revolving debt and it will not go on forever. This fire will take its toll and should be taken care of now. Take a good look at what the interest rate you are paying on your credit cards and you’ll be amazed on the crazy 20% percent your paying per annum.