Debt Warning Signs
Take this short quiz, and be honest! Click on the box to answer “yes” to a question.
If you end up with two or more checked boxes, it is time to get help.
- Do you carry a balance on your credit cards and use the cards for basic necessities such as groceries or gas?
- Have you taken out loans to consolidate your debts, or asked to refinance existing loans to reduce monthly payments?
- Do you live paycheck to paycheck?
- Do you pay only the minimum amount due on your credit card accounts?
- Are you near or over the limit on your credit cards?
- Have you received late notices from your creditors?
- Are you unable to maintain and grow a savings account?
- Have you borrowed against your 401K account?
- Do you depend on extra income, such as overtime, bonuses, or a part-time job to get you through to the end of the month?