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Signs you're flirting with financial ruin

If your credit card debt is consistently rising, and you're unable to make more than the minimum payments, your balance will continue to rise. And, if you fail to make the minimum payment for more than 60 days, your rate could jump, making your financial condition even worse. While cardholders can stave off trouble temporarily by making the minimum payments or shifting balances to new cards, any kind of sudden change in your finances, such as a rise in gas prices, can destabilize your finances, Cecere said.
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By Claes Bell, Bankrate.com

If your credit card debt is consistently rising, and you're unable to make more than the minimum payments, your balance will continue to rise. And, if you fail to make the minimum payment for more than 60 days, your rate could jump, making your financial condition even worse.

While cardholders can stave off trouble temporarily by making the minimum payments or shifting balances to new cards, any kind of sudden change in your finances, such as a rise in gas prices, can destabilize your finances, Cecere said.