Do I Need Help?
Danger Signals of Credit Card Debt
- Your credit cards are maxed out and you're only sending in the minimum payment.
Failing to settle your bill in full can lead to whopping finance charges.
- An increasing amount of income goes to paying your debts. Only 10 - 15% of take-home
pay should be spent on credit debt.
- You're using one card to pay off another. Don't fool yourself into thinking you
are squaring away your debts. All you're doing is borrowing more money..
- Bills are paid with money that was intended for other things.
- Money is borrowed or credit cards are being used to pay for items, which used to
be bought with cash.
- Savings are used to pay current bills.
You can also take our quick quiz and get an idea of your current financial situation. Click here to take our debt quiz.
What Our Clients Say About Consolidated Credit
…after three short years I am debt free! My final payment was made in October 2010. The time went fast and I learned how to live with a budget and use cash and debit only - no more credit cards. Yes, it can be done!...
Roxy M.
Read more about this story.
Get Relief From Debt
Self-Help Booklets
| All About Credit | |
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This basic ‘Credit 101' publication explores the pros and cons of using credit, provides a guide and calculation formula to help consumers find out how much credit they can afford, and offers advice on what elements should be considered before applying for a credit card, how to build a positive credit history, and existing credit rights. |
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