Financial
Warning signs of debt problem.
You may know deep down inside that you are facing a debt problem, but it is easier to deny the debt problems, rather than to address them. It can be painful and require hard work, but the sooner you realize that you they are over your head, you can begin to make positive changes. Delaying changes to your habits will only prolong the problem and make it worse. In-order to keep you in track, some warning signs are listed below.
- You only make the minimum payment on your credit cards each month.
- You continue to make more purchases on your credit cards while trying to pay it off.
- You have at least one credit card that is near, at, or over the credit limit.
- You are occasionally late in making payments on bills, credit cards, or other expenses.
- You don’t even know how much total debt you actually have.
- You use cash advances from your credit cards to pay other bills.
- You bounce checks or overdraw your bank accounts.
- You’ve been denied credit.
- You lie to friends or family about your spending and debt.