Is it your fault you are in debt??

Being in debt is not your fault.
Do you know the interest rate on your credit card? The government has given the credit card company free reign over credit card interest and extract money at free will. They basically have a license to steal the money out of your pocket. These credit card companies don’t want you to pay off balance, if you pay the minimum payment on a 30% interest rate there is a chance you will never pay off that balance.
Consumers are being taken advantage of by the unscrupulous financial companies. The banks are quoted to say that the bread and butter of their business a re the low income, uneducated and the minorities. These are the people that are being ripped off and taken advantage of.
There are ways out of debt, for instance, calling your credit card company and asking for a lower interest and if they refuse let them know you will take your business else where or doubling your payment and not just paying the minimum and this will take years off . There are several ways of getting out of debt all it takes is a little research and a little patience.