FINANCIAL WARNING SIGNS           Download Helpful Debt Programs and Resources

Don't let money problems affect your work, family and social life. Financial crisis does not happen overnight. Many times we don't see the signs of financial trouble until it's actually too late. The following questions can help determine if you may be in danger of future debt problems, or indicate if your debt problems may be getting out of control.


Do you have a regular savings program in place and if so, do you find yourself depleting your savings as a way of supporting your debts?
If you are exhausting your savings to keep up with bills, it could be an indication that you're spending more than your income can support.


Are you only paying the minimum on your monthly credit card bills?
If you can only afford minimum payments, more than likely you're overextended and should re-evaluate your budget and spending habits. Unfortunately, if you are thrown into a monetary emergency that requires financial resources, your situation will become unmanageable.


Have you been declined credit or declined a credit line increase?
Being declined credit or a credit line increase is a true blue sign that you need to re-evaluate your finances. Creditors use guidelines.


After you pay your monthly bills, do you accumulate as much or more debt the following month?
This may be an indicator that you're utilizing your credit cards to maintain your style of living, or for daily necessities -- such as gas and food.


Are your cards close to or over your available credit limit?
If the answer is yes, it's a strong sign that you are not aware of your current financial situation. In other words, you are failing to confront the fact that your disposable income keeps dwindling as your balances rise. Creditors assign a credit limit to you based on your credit history, outstanding debts, and income. If you are at or near your limit it is a good sign that you are headed for financial trouble.


Are you dependent on cash advances to pay on your other credit obligations?
Your income cannot support your life style, and it is important right now to analyze your budget. You may need to seek outside assistance in order to clearly see what necessary adjustments are needed to get you back on track.


Do you avoid answering the phone in fear of demanding collection agencies and or creditors calls?
Receiving collection and creditor calls are a definite sign that you're behind on your credit obligations. It doesn't need to be that way – call Nation Wide Consumer Debt Relief Inc. Getting back on track is easier than you think.