Signs you may have too much debt:
- Late fees are piling up
- Your credit card balances keep rising
- You do not know the amounts you owe
- Payments you make are only enough to cover interest owed
- You're late on bills because you didn't have enough money on the due date
- You are forced to make only minimum payments on multiple accounts each month
We can help!
Take an important first step towards managing your debt, schedule a FREE financial review and explore solutions like:
- Monthly budget worksheet
- Personalized financial solutions
- Action plan for overcoming challenges
Damaging side effects of having bad credit:
Your credit score is more than just a 3-digit number. It's a summary of your credit history which shows lenders how you're likely to handle new credit. A low credit score could impact what you buy, where you live and even where you work. Below are a few examples in which your credit standing can impact your life.
- Buying a home
- Upgrading your credit card
- Buying and insuring a car
- Moving into a new apartment
- Starting a new business
- Getting hired
To stay on top of your credit, it's smart to check reports from each of the three major credit bureaus annually, Equifax, Experian and TransUnion. You can do this totally free every 12 months through the government-mandated website, AnnualCreditReport.com or by phone or mail.