There is a huge percentage of the population who are in a debt hole right now (and countries, too) These people in a debt hole are those who have put themselves in so much debt by using their credit card so much and they are unable to pay for it. The convenience of using a credit card has gotten the best out of these people and they find it very hard to find their way back or get out of the debt hole. Most people think that it is impossible to get out of it unless money magically appears from nowhere to pay off their debt.
Most of these people have learned their lesson too late and they had to learn it the hard way. Using the credit card itself is not a crime but some people get way too comfortable with their credit cards and use it too much. Though the credit card has made life much easier for a lot of people, it has also made life much tougher for people who have used their credit cards way too much. It becomes a habit for a lot of people, a habit very hard to break which causes a continuously growing debt.
Credit card debt is not something that will eventually disappear when you start paying for it slowly. Most people who receive their credit card bills only pay for the minimum amount that is stated on their card and this can cause a huge problem. Often times, the interest on the amount of credit card debt is too high and the minimum amount only covers the interest. When this happens, no matter how long you pay your credit card, your balance will never get smaller. You have to make sure that you pay more than the minimum amount to make sure that your debt will decrease.
Also, another reason why credit card debt is so hard to erase is the fact that people still use their card even when they have a huge balance on their card. Some people never learn and they continue to use their credit cards even if it is almost maxed out. There are people who never learn or simply refuse to understand how credit cards work. These credit card problems happen because people have a totally wrong mentality of how to use the credit card properly. There are some people who perceive that the credit card is an unlimited supply of money and these are the people who get so deep into the debt hole that they rarely find a way to get rid of their credit card debt.
The best way to deal with credit card problems is to change your lifestyle. People who have gotten out of debt were able to pay off their debt by living minimally and within a budget. This might not work for everyone but it is worth trying. There is help available online at sites like http://www.creditguard.org/credit_card_debt.html for people who desperately want to get out of their debt hole and turn their lives around.