Persistent problems paying debt & bills
or over spending mean it may be time to call for help. Here
are the warning signs -- and what to do about them.
"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 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 debt counseling might help.. locate an institution to
consolidate card bills
Your credit card balances are rising
while your income is decreasing.
You are only paying the the least amount
required on your accounts, or maybe even less than the
minimums.
You're juggling bills. For example, you
apply for another card and use cash advances from it to pay an
existing card.
You have more charge cards than a
successful gambler has poker chips
You are at or perilously near the limit
on each of your department store cards.
You consistently charge more each month
than you make in payments.
You are working overtime to keep up with
your charge card payments.
You don't know how much your ballances
are and really don't want to find out.
You have received phone calls or letters
about delinquent debt payments.
You are using your card to buy
necessities like food or gasoline.
Your department store 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 cost of your
purchases from your spouse.
You're playing the charge card game by
signing up for every charge 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 realting to this don't panic you have choices. Speak with a
credit counseling or debt and bills advisor, most will give
you a free consultation and a quote. locate an institution to
consolidate credit card debt & bills
