Have you noticed that most of your money seems to be going to credit card interest and the needle never seems to move in the right direction on your balance due? Do you envision yourself stuck in an endless cycle of making minimum payments and gritting your teeth with each bill that comes? You might hate the thought of it, but have you considered that filing for bankruptcy may be your only way out?
If debt is starting to take control of your life and taking a toll mentally, physically, and emotionally, you don’t have to stay in that cycle, and you don’t have to file for bankruptcy. You can learn about another option that will bring you credit card relief – an option that is not as drastic as bankruptcy but is effective at helping you break free from credit card debt.
You are in the right place to find out the answers to those questions asked above. Here’s what you will discover as you read on:
- How do you know if you need credit card debt relief?
- What are the leading causes of credit card debt?
- How does credit card debt relief work
- How much can you save with debt settlement?
- How long does it take to settle credit card debt?
- What should you look for in a debt settlement company?
Credit Card Debt Relief: Know When You Need It
Contrary to what many people believe, you do not have to wait until you have “hit rock bottom” financially before finding credit card debt relief. In fact, if you are beginning to recognize that your credit card debt is problematic, it is better to be proactive than to wait to get help.
Consider these telltale signs of debt trouble:
- The amount you owe exceeds the capacity to pay on time. You may be able to pay some bills on time, but you may also miss payments sometimes, finding yourself accruing extra penalties such as late fees and increased interest rates.
- You may be receiving calls from creditors or from collections agencies and you do not know what to say or do. You may feel unable to manage your money effectively.
- You worry about your debts and credit card bills to such an extent that it interferes with your normal functioning or you lose sleep over them.
- You find it impossible to stick to your budget and feel like you are dealing with debt daily as you spend more than you earn.
- Even though you worry about debt, you find yourself engaging in “retail therapy” to feel better.
- You feel your creditworthiness has been impacted by the amount of debt you are carrying, which has made other attempts at debt relief options unavailable to you.
- You feel shame about your spending habits and try to hide your debt problems from your friends or family.
- You feel that you will never get out of debt, no matter what you do.
If you identify any of these signs in your own life, please reach out to a ClearOne Certified Debt Specialist to talk about your debt relief options today at 866-481-1597.