This is painfully true here as well. Worse, it's not just credit cards. There are payday loans here that, while you can take out a loan without much hassle, you and your loved ones will be hounded by their agents if you even delay a single payment.
And then there's these loan sharks whose main shtick is to provide loans with 20% interest (so-called 5/6--you loan 5 bucks, you pay 6 bucks). It's kinda crazy to imagine that these loan sharks are the most humane one of the bunch, but with these loansharks, you can at least reason with them.