Uncontrolled spending habits and unrestrained usage of your credit card can land you in very big debt trouble. Any issue about debt is quite grave. Although it initially starts with just some amount of money borrowed that you need to pay back, with time that amount borrowed builds up into a humongous sum which can be almost impossible for you to pay back in full. This is because most unsecured debts, that is traditional loans and credit cards have very high rate of interest on them.