Credit Cards in our debt and credit fueled economy have become almost as indispensable as cash money.It is impossible to think of days when Credit Cards did not exist.But Credit Cards are a recent phenomenon and their ubiquity is owing to the ease with which Banks give these Cards.The reason is that Banks make a ton of money through the issue and usage of these credit cards at the expense of the consumers.The hidden costs of credit cards are not known to the customers as credit card processors like Mastercard and Visa make billions of dollars each year.This money is taken from the vendors of goods and services which charge you for this extra money that they pay.However Credit Cards also have substantial advantages if they are used wisely.However as we know in case of credit and debt the human mind is not prone to prudence and care.Many Americans have wracked up unsustainable credit card debt and destroyed their lives.The reason is that you get easy credit on thse cards .The incentive of short term pleasure buying stuff from your credit cards is too much to resist for most people.If the credit was unavailable then people would not have fallen into the problem of debt in the first place.