Credit card debt exceeds hundreds of billions of dollars. Consumers hesitate to challenge credit card interest rates because of pride. No one wants to admit that they've been played for a fool, especially if they have a wall of expensive degrees. Many are successful in their jobs. Many others have blue-collar pride.
History condemns usury.
It's morally wrong. Usury hurts the economy. Credit card interest rates do not grow an economy. High interest transfers wealth. It does not create it.