the Warning Signs of Too Much Debt?
Another warning sign is when you have them calling and sending you mail after mail.. Collections after you..
That's a good tip, Angle and that is true too, Usualdamvp. You should be alarmed if you keep receiving mails and calls from the collectors where you have your money borrow or from the credit card companies you haven't paid yet.
You dont need to fit in all of the 7 signs before you do something. The first 3 signs are already alarming in your financial status. Better yet think all of your expenses wisely.
its a good idea to evaluate your financial status regularly. i mean dont wait until yuo have all this 7 signs to start doing something
Finances are hard to get used to. I am still getting used to financing everything. I have had my own cell phone and have been paying for it since January. I feel it is something good I could do.
sigs
Rep Points: 510
just think of a case where all the above said 7 points would be coming true. that man must be in sooooooooooooooooo much debt. would be almost impossible to come out of it.
it's needn't all the seven tips, three of the is ok, they aare enough to take alarm to you.
Another sign is you keep on borrowing to pay your debts. Your earnings are no longer sufficient to cover your expenses and there is much pressure for you to earn more outside your regular source of income.
very good fact sheet, thanks.
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