Recognizing the Signs that You Might Need Credit Counseling

Most families in America today have a credit card; some have two or more. The type of credit card you own, gold, platinum, ext, is almost a status symbol in society. The concept is a good one, using your good credit to purchase big-ticket items that you may need time to pay for. If used wisely, credit cards can be a dependable resource, however, sometimes we are unaware of the fact that we are overspending. Some may think that if they are able to make the monthly payments, then their debt is under control. This is not always the case. These are some signs that you may be in or going in the direction of having a major financial crisis.

* You use your savings to pay monthly bills.

* You pay only the minimum monthly payments on any of your credit cards.

* You take out cash advances to pay your credit card bills, or other bills that you may have.

* You are over or nearly over your credit limit on one or more credit cards.

* You have been turned down for loans.

* You receive calls or letters from collection agencies.

If you think that you may have a debt problem, there is help. Credit counselors are trained to help you get out of debt in a very short period of time. Some can even help to make you debt free in as little as 18 months. Your individual situation may take more or less time. Even if you have good credit but have made unwise choices while using your credit card and you want to preserve your good credit, you mat benefit from credit counseling. Many credit counseling agencies will provide you with a free debt analysis to help you understand what actions that you can take to reestablish your credit without bankruptcy.

Timothy Gorman is a successful Webmaster and publisher of He provides more debt relief, consolidation and credit counseling information that you can research in your pajamas on his website.

Free Quran in All Languages

Free Tafsir Books

Bailiffs & Council Tax - Knowing What To Do

This article is about bailiffs who may call trying to... Read More

Opting For A Credit Card? Check Out Certain Terms

You've just received a "pre-approved" credit card offer in your... Read More

Sound Advice For First Time Credit Card Users

If you are just entering the world of credit cards,... Read More

Your Guide On Choosing a Credit Card To Suit You

Reach into your wallet or purse, pull out a card,... Read More

What You Didnt Know About Your Credit Card Numbers

Have you ever really looked at your credit card and... Read More

ChexSystems: Who They Are and How it Affects You

ChexSystems is a company that maintains a subscriber membership service... Read More

Useful Tips on Using Credit Cards

Here are some useful tips on using credit cards. Whether... Read More

Ways to Look Good without Selling Your Soul to the Credit Card Sharks

1. Buy clothes at thrift stores. BEFORE you buy them,... Read More

Give Yourself Credit

The Beginning of the Credit Card EraIn 1951, Diners Club... Read More

Online, Phone, U.S. Mail or In-Person: Where is Your Credit Card and Personal Identify Safest?

Identity theft is the fastest growing crime according to the... Read More

The FICO Score Misconceptions

There are many misconceptions about credit scores out there. There... Read More

Credit Cards: How To Use Them

Credit cards can be a very quick way of getting... Read More

New Law Provides Free Annual Credit Report

As of Thursday, December 1, 2004, one-third of Americans will... Read More

How to Deal with Hire Purchase Debt

WHAT IS HIRE PURCHASE/CONDITIONAL SALE?Although people often talk about "buying... Read More

What Does Your Credit Say About You?

A credit report is more than just a snapshot of... Read More

The Best Strategy To Erase Credit Card Debt

Credit card debt is a growing sickness in the United... Read More

SuperCharged Secret 1 of 5 - Credit Card Utopia


Cash Advance ? How Does It Work?

If you want a cash advance or a payday/paycheck loan,... Read More

Your Consumer Rights

If you have ever fallen behind on your debts you... Read More

5 Ways To Prevent Credit Card Late Fees

Paying a credit card late fee is the same as... Read More

Credit Scoring: What You Dont Know Can Hurt You

You've probably heard the term credit scoring. You may have... Read More

SuperCharged Secret 4, Credit Card Utopia


Restore Your Credit Rating And Reduce Your Debts

Your credit rating affects many areas of your life. Opening... Read More

Is it Safe to Use Online Car Finance?

Online car finance is convenient. You can apply over the... Read More

How To Read Your Credit Report

The Fair and Accurate Credit Transactions Act, signed into law... Read More