Persistent problems paying bills or over
spending mean it may be time to call for help. Here are the
warning signs -- and here's what to do about it.
"You know you need to get help from a
debt counseling when . . ."
It may sound like a drollery routine
opener, but for lots of people it's definitely not a joking
matter. Many who are weighed down with debt & bills opt first
for self-help, trimming back on spending and keeping a close
eye on debts. But much like dieting, some people have the
willpower to shed a few pounds on their own while others
require the help of a personal trainer. When do you need to
call in a credit counseling?
Here are 15 instances that could
indicate that your balances are getting the better of you and
that money counseling might help.. locate an institution to
consolidate department store card debt & bills
Your card balances are rising while your
income is decreasing.
You are only paying the minimum amounts
required on your accounts, or maybe even less than the
minimums.
You're juggling debt & bills. For
example, you apply for another credit card and use cash
advances from it to pay an existing card.
You have more cards than a successful
gambler has poker chips
You are at or perilously near the limit
on each of your charge cards.
You consistently charge more each month
than you make in payments.
You are working overtime to keep up with
your department store card payments.
You don't know how much your ballance is
and really don't want to find out.
You have received phone calls or letters
about delinquent bills payments.
You are using your card to buy
necessities like food or gasoline.
Your credit cards are no longer used for
the sake of convenience, but because you don't have money.
You are dipping into savings or your IRA
to pay your monthly debt & bills.
You are hiding the true expense of your
purchases from your spouse.
You're playing the card game by signing
up for every credit card that sends you an unsolicited offer.
You have just lost your job, or are
fearful that you are about to, and are concerned about how you
will pay all your debt and bills.
If you have the unfortunate circumstance
of relating to these warning signs don't panic you have
choices. Speak with a debt counseling or debt and bills
advisor, most will give you a free consultation and a quote.
locate an institution to consolidate card debt
