Credit card interest rates can greatly affect the amount of debt cardholders accumulate. High interest rates make it challenging for individuals to pay off their balances, often leading to a spiral of increasing debt. With each missed payment or late fee, the debt grows even more. The impact on cardholders can be overwhelming, causing stress, anxiety, and feelings of despair. It becomes a constant struggle to regain control and financial stability. To avoid falling into this trap, it is crucial for consumers to carefully review and compare credit card interest rates before choosing a card. By selecting a card with lower rates, individuals can better manage their debt and avoid the burdensome cycle of increasing balances.