If you are having debt problems or are concerned about your financial situation, you’re not alone. Inflation, divorce, catastrophic illness, layoff, mismanagement and easy credit can affect people of all education levels and vocations. Your problem or concern is shared by thousands. Check below, do you show any of these Debt Warning Signs?
- Required monthly payments to creditors (not including rent or mortgage) total 20% or more of take home income.
- Using savings for daily expenses.
- Using cash advances from credit card issuers to pay other creditors and/or daily expenses.
- Paying the minimum amount due on your bills or LESS each month.
- Not knowing how much you owe.
- Receiving calls or letters from creditors due to not paying on time.
- Fighting in the home due to money problems.
- Creditor's law suits, repossessions and or garnishment of wages.
- If you are experiencing any of these signs you may be in financial trouble or heading there. The important thing to remember, there is help available!
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