Debt problems do not usually happen all at once. Many times, the warning signs start small and build over time. Recognizing those signs early can help you take action before the situation becomes more stressful.

You may be experiencing a debt problem if:

• Your required monthly payments to creditors total 20% or more of your take-home income, not including rent or mortgage.
• You are using savings to pay for daily expenses.
• You are using cash advances from credit cards to pay other creditors or cover everyday expenses.
• You are only paying the minimum amount due on your bills, or paying less than the minimum.
• You are not sure how much you owe.
• You are receiving calls or letters from creditors because payments are not being made on time.
• Money problems are causing stress or arguments at home.
• You are facing creditor lawsuits, repossessions, or wage garnishments.

If any of these signs sound familiar, you may be in or heading toward serious financial trouble. Reaching out early can give you more options and help you feel more in control.

Consumer Credit offers free and confidential counseling. A certified credit counselor can review your budget, your debts, and options, then help you create a plan to move forward. 

Call now for your free, no-obligation consultation at 800-955-5765.