5 Signs You Have Too Much Credit Card Debt

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Are any of the following statements true for you? If so, you may need some debt relief!

1. You don’t know your total debt amount. Maybe you’re in denial or it just snuck up on you. You should always know exactly how much you owe and whether or not your income can cover your expenses.
2. You have no savings. All your earnings are going to paying your expenses and your credit card monthly payments.
3. You have at least one credit card at or over the limit. You’ve maxed out at least one card – maybe all of them.
4. You often have late payments. You can’t make all of your payments on time.
5. You can only make the minimum payments. At this rate, it will take you a really long time to pay off your cards. Every month additional finance charges are added to your credit cards. For example, if you are $20,000 in credit card debt and only making minimum payments at a 18.9% interest rate, it will take you over 50 years to pay it off and you will pay over $50,000 in interest.   Source : CNN Money

Are some or all of the five statements above true for you? If you have too much credit card debt and don’t want to or can’t file for bankruptcy, call us today at 1-888-420-4791. We’ll give you a free, confidential consultation and help you understand your options for debt relief.