Warning Signs of Debt

Early signs that help you know if debt is becoming a problem. 

Debt Warning Signs – Credit Card Problems & Stress

How do you know when you may need help managing your money and debts? There are some definite warning signs which may show that you need assistance with debt management. These warning signs can include:

  1. Difficulty paying bills on time
  2. Receiving collection calls or past due notices
  3. Living in your overdraft or line of credit
  4. Losing sleep worrying about debts
  5. Spending more than your income allows
  6. Not paying credit cards in full each month
  7. Impulsive spending due to financial worries
  8. Hiding spending or debts from a partner
  9. Allowing bills to stack up because you can’t pay them
  10. A decline by your financial institution to consolidate your debts
  11. No budget or spending plan in place
  12. Feelings of hopelessness that you’ll never get out of debt

Try This Quick Self-Assessment

Take a minute to assess your financial situation with this quick self-assessment tool. It will quickly assess your situation and suggest what you should do next. Based on your situation, it may also offer a number of suggestions for how you can work on improving your situation on your own.

Are You Experiencing Any of These Debt Warning Signs?

If any of these signs apply to your situation, we can help! Contact us today.

If you’re experiencing some of these warning signs, here are what your next steps should be

Need more help? 

Do you have questions?

If you're struggling and are wondering how to move forward, give us a call. We're happy to answer your questions and help in any way we can. It's possible that all you need at the present time is the right information or a plan for how to move forward once your situation improves. Give us a call if you have any questions. Speaking with us is always free, confidential and non-judgmental.

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