How Do I Know I’m In Debt?
If you Answer yes to any of these questions. You might need our help.
Q: Do you have savings? Do you find yourself exhausting savings as a way of paying your debts?
A: If you do not have savings, you should be concerned because you may not be able pay for unexpected financial problems. If you are exhausting savings to keep up with your bills, it may be an indication that you are spending more than your income can support.
Q: Do you pay only minimum payments on your credit cards or skip a month?
A: If you can only afford minimum payments, you are probably overextended and should consider using our services. It is likely that if you are thrown into a situation that requires more financial resources, your situation will become unmanageable.
Q: After you pay your monthly credit card bills, do you accumulate as much or more debt the following month?
A: This may be a sign that you are dependant on your credit cards to maintain your style of living or supplement day-to-day living expenses.
Q: Do you avoid adding up the total of the amount of your outstanding debt?
A: Stop avoiding them. Try to establish a better repayment plan before the situation becomes unmanageable.
. Q: Do you purposely hide credit card bills from family members?
A: Hiding debt from family members is a clear sign that you realize there is a problem. The fact that you feel you have to hide your spending behavior from loved ones indicates there is a real problem, and you need to address it right away.
Q: Do you get collection calls from creditors, or are in the process of being sued?
A: Collection calls are a sure sign that you need help right away. Don’t avoid the problem. Start working on a plan today. Call us, we can help. *