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5 Signs That You Are In Debt Trouble !

Studies show that many people with credit cards pay just the minimum amount every month, and “roll over” the rest to pay the following month. The next month, they roll the charge over yet again.

That means they pay interest on the loan, every month. Plus, they pay interest on the interest they owe !

Have a check here if you are already in Debt Trouble:

1. Paying off your balance in three months when it used to take one month.

2. Not knowing how much you owe until your bill arrives.

3. Maxing out your credit card regularly.

4. Paying bills with card cash advances.

5. Paying off one credit card bill with another credit card.

To avoid credit woes, monitor your financial status closely and watch for the warning signs of growing storm.

3 Responses to “5 Signs That You Are In Debt Trouble !”

  1. [...] have been telling my friends this recently whenever someone finds out that I am in Debt Trouble. It just doesn’t matter how we got into our debt trouble. Stop harping on what we spent on, [...]

  2. [...] submitted to Blog Carnival was successfully included in Carnival of Credit Card # 9. My post is 5 Signs That You Are in Debt Trouble. This carnival was hosted by Credit Card Lowdown. 12 entries about credit card, debt and personal [...]

  3. [...] submitted to Blog Carnival was successfully included in Carnival of Credit Card # 9. My post is 5 Signs That You Are in Debt Trouble. This carnival was hosted by Credit Card Lowdown. 12 entries about credit card, debt and personal [...]