Debt Managment Warnings Part II

After you pay your monthly credit card bills, do you accumulate as much or additional debt the following month? This may be a sign that you are dependent on credit cards to maintain your life style or, to supplement day-to-day living expenses such as gas, meals, or food.

Do you avoid adding up the total of your outstanding debt? It's important to be aware of where and what monies are owed to your creditors, and in order to do this, you must confront your spending behavior head on. Implementing a better repayment program and seeking financial services assistance and guidance before the situation becomes unmanageable is the first step to financial freedom.

Are your cards nearing or over your available line of credit? If the answer is yes, here's another sign that you are in financial trouble and in need of financial services guidance. If you were aware of your finances, and understood how high your balance is your current situation could have been avoided.

Are you dependent on cash advances to pay on other credit obligations? If your answer is yes, your current income cannot support your style of life. You need to immediately stop to analyze your budget and make the necessary adjustments. Outside financial services assistance may be needed for guidance and structuring a payment program.

Do you float or bounce checks? Floating checks is a practice of issuing a check in hopes that by the time the check has cleared, money will be available in your account. Floating or bouncing checks is a clear indication that you're living paycheck-to-paycheck and your finances are in trouble.

Do you get collection calls from creditors? Collection calls are a definite sign that you are behind on your credit obligations. Don't avoid the problem. Start planning to become current again.

• Cut Payments up to 70%
• Make One Low Monthly Payment
• Elimination of past-due collection calls
• Account re-aging