People are doing good just to pay for their housing, food, car and gas. They're gonna pay the collateral things first - credit cards will just have to wait.
When the credit card companies raised the minimum payment a while ago I think they just shot themselves in the foot....people can't pay double what they were used to, and their interest rate goes up if they're late making it even more difficult to pay. They finally get fed up and just quit paying altogether.
What else can they do?