Beware of debt as it can happen to anyone.  Life can throw you an unexpected curveball and the next thing you know you have more bills than you can handle.  Credit card companies make matters worse by mailing out endless numbers of new teaser rate credit card offers.  In addition, the interest rates, fees and penalties on you major credit cards along with department store charge cards are incredibly high which is great for the creditors but makes in very difficult for people in debt to pay these cards down.  Once you fall behind penalties and interest fees start to pile up fast.  If you’ve hopped on the credit care treadmill, jump off fast by enrolling in a credit card debt settlement program.