I got the HSBC credit card in Feb 2008. Had to spend close to 45000 in Jan 2009 due to the fact that it was my wedding and I had fallen short of some funds. I was religiously paying in tit bits every month since then (More than the minimum payment). I was thinking that slowly I will be able to payoff my complete ddebt. If you calculate that I paid about 3000 each month for about 24 months. I used 45000 and paid close to 72000 and still have an outstanding of 48000. In this way I will be paying the card for my entire life and will never be able to complete the debts. I am the only earning member in my family and cannot afford to pay any more on this. I stopped making payments since May 2011 cycle. Is there anything better we can do. I was an HSBC employee for 2 years. Still have this problem.