 Every time I hear that, I thank the government for protecting me because I learned so much from that. Anyway, wouldn't it be nice to live in a world where your credit card balance wasn't hit with crippling compound interest? Sounds nice. Unfortunately, we don't live in that world. And somebody who's had to use credit cards a lot, chances are pretty fair that you could end up in debt up to your eyeballs and trapped, just don't know what to do.