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.
