Credit Card Companies Increase Minimum Payments

The Federal Reserve cut the primary rates. The rise of minimum payments is the first result. Many credit card companies have increased their minimum payments.
Well, it is good news on one hand. This rise can push many debtors to pay off their debts as soon as possible. It is a well known fact, if you pay more than minimum payments every month you will pay off your debt on the credit card quicker and will save on interest charges.
But on the other hand, not all debtors can afford themselves to pay more than a minimum payment. So, there is a chance that this rise of minimum payments will only push them into bigger debt.
It seems, that the recent credit card crisis will cause more problems than we had expected.