Debt Test

If you answer "YES" to any one of the following questions, take a closer look at your personal finances.  More than one "YES" may mean you need help preventing debt problems and a "YES" to four or more means you could be in trouble.  Contact Us now to seek confidential help from a certified credit counselor.

1. Are you borrowing money on your credit cards to pay regular expenses such as food and utilities?
2. Are you using one form of credit such as a line of credit or debt-consolidation loan to make payment on other debts?
3. Are arguments about spending and money increasing in your family?
4. Are you paying more than 20 percent of your take home pay for installment purchases and credit card  charges, including your car payment?
5. Are your revolving credit cards charged to the limit?
6. Are this month's bills pouring in before you've paid last month's?
7. Are you unable to save money for anticipated annual and occasional expenses?
8. Are you borrowing more money before the old loan is paid off?
9. When you receive your monthly charge account bills, can you pay only the minimum monthly payment?
10. Do your charge account balances increase each month?

 

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