Signs that you have credit problems
You don't want to wait until the bill collectors are pounding on your door or your car is repossessed to admit that you have credit problems. Watch out for these signs that you are having problems and get help before they become serious.
- You pay one credit card off with another because you cannot afford to pay it otherwise.
- Needing to get a payday loan to pay bills.
- You struggle to pay the minimum on your bills every month.
- You are bouncing checks or your bank is having to use your overdraft protection often.
- Several of your credit cards are near their limits.
- You worry about how you will pay your bills.
- You skip payments because you cannot afford to make them.
- Apply for new credit cards because the old are maxed out.
If some of these are familiar, you may be having credit troubles and it is time to take a hard look at your budget and spending habits or talk to a professional.
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