We've all been there, you get credit card offers in the mail all the time. It's a pretty easy process. You pull the card out of the envelope call the 1-800 number activate the card and your off to the races.
Sometimes they intice you with low introductory rates, always read the fine print. The problem arises when everything seems to be going great and then the bills for the credit cards start rolling in. I've seen people from all walks of live with tremendous amounts of credit card debt. Sometimes we could help them and sometimes we couldn't.
Keep in mind if you run up a credit card balance of $5000 and make the minimum payments, you could be paying on that card for up to 25 years. Then if you miss a payment you accrue late fees and possibly higher interest rates. It's not a crime to have and use credit cards but you have to use them wisely and keep balances within reason.
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