WHAT IS THE PROBLEM
WITH TOO MUCH CREDIT?

Good credit is a wonderful thing to have, however there are certain dangers facing the credit user. Over use and abuse of credit can ruin anyone’s financial stability, personal relationships, and even their job performance. If a person fails to realize that they are committing their future income to cover their present borrowing habit, what happens when that income is cut off or reduced by illness, downsizing, retirement, medical emergencies, etc.?

WHAT ARE SOME OF THE WARNING SIGNS
OF IMPENDING FINANCIAL DISASTER?

(Two or more yes answers and you are on the way)

1. Are this months credit card balances higher than last months?
2. Do you pay only the minimum payment due on your credit card balances?
3. Have you added new credit card accounts in order to increase your borrowing power?
4. Have you been told that you have reached or exceeded your credit limit?
5. Has your credit card ever been revoked?
6. Have you depleted savings in order to pay old or past due bills?
7. Have you lost track of how much you owe?
8. Are you using credit card accounts where you used to pay cash?
9. Are you using credit card cash advances or overdraft credit lines to pay bills?
10. Have you avoided talking to your significant other about money?
11. Are you putting off necessary payments like utilities or medical treatments?
12. Have you paid off large balances only to run up a new large balance soon thereafter?
13. Do you really know or understand the cause of your financial difficulties?
14. Are you avoiding adding up the total due on credit card bills?
15. Do you feel like you are drowning in debt?

WHERE CAN I TURN FOR HELP

A non-profit credit counseling agency can help you establish a personal budget, or reduce interest charges and consolidate all of your bills into one convenient (and lower) monthly payment. AVOID the stigma of bankruptcy and the associated high legal fees. AVOID "for profit" debt counseling services -- you pay for what they don't provide.

ACCS is a community service agency that has helped thousands of people since 1988.  Call us today at (800) 729-0551.