One of the primary concerns of most cardholders is the very steep interest credit card rates and miscellaneous other fees that comes with the card. Unfortunately, these charges are there to stay because it is the only way that card companies are making money out of credit cards. As a result, many borrowers are left in poor financial situation with each card because they start falling behind on payments. If borrowers were unable to cope with their debt, they have to no choice but to file for bankruptcy.