Continued from page 1
When you discover that you have more credit cards then you need, know that this is one of 10 signs you may need credit counseling. You have more cards then you need because youíre trying to pay an existing card with cash advances obtained from other new cards. Another situation that could indicate you need advice of an expert is when youíre constantly charging monthly more than you pay. If this is first sign of financial trouble many people will try to work it out on their own by working overtime or taking a part time job. As we said before, if situation is for a short period of time and you manage to get out of trouble all is fine but if it continues for a longer period this is another sign that you may need credit counseling. Also, if you start getting letters or phone calls about late bill payments, you should be worried at once.
These 10 signs you may need credit counseling do not appear all at once; in time, one after other, they will eventually appear. But it is mostly important to recognize them all, admit you have a problem and ask for help. There are situation in which signs mentioned before appear at a certain moment but person in trouble cannot see them or refuses to see them. More than that, people in financial trouble donít know how much they owe and donít want to find out. This is another sign that financial counseling is needed. The situation could get worse in case all this financial problems are not made known to spouse as well. And, sometimes, when trying to hide such a bad situation, people in trouble are using their savings to pay off monthly bills.
The best advice for people that are experiencing this kind of trouble is to not let all signs accumulate. When few of them appear and repeat themselves for a longer period of time, wise people should ask for advice from a financial expert that will surely have few options to get them out of debts.
This article has been provided courtesy of Creditor Web. Creditor Web offers great credit card articles available for reprint and other tools to help you search and compare credit card offers.