Recognizing the Signs that You Might Need Credit Counseling -

Home
>
Credit
>
Recognizing the Signs that You Might Need Credit Counseling

Recognizing the Signs that You Might Need Credit Counseling

Most families in America today have a credit card; some have two or more. The type of credit card you own, gold, platinum, ext, is almost a status symbol in society. The concept is a good one, using your good credit to purchase big-ticket items that you may need time to pay for. If used wisely, credit cards can be a dependable resource, however, sometimes we are unaware of the fact that we are overspending. Some may think that if they are able to make the monthly payments, then their debt is under control. This is not always the case. These are some signs that you may be in or going in the direction of having a major financial crisis.

* You use your savings to pay monthly bills.

* You pay only the minimum monthly payments on any of your credit cards.

* You take out cash advances to pay your credit card bills, or other bills that you may have.

* You are over or nearly over your credit limit on one or more credit cards.

* You have been turned down for loans.

* You receive calls or letters from collection agencies.

If you think that you may have a debt problem, there is help. Credit counselors are trained to help you get out of debt in a very short period of time. Some can even help to make you debt free in as little as 18 months. Your individual situation may take more or less time. Even if you have good credit but have made unwise choices while using your credit card and you want to preserve your good credit, you mat benefit from credit counseling. Many credit counseling agencies will provide you with a free debt analysis to help you understand what actions that you can take to reestablish your credit without bankruptcy.

Timothy Gorman is a successful Webmaster and publisher of Debt-Relief-Solutions.com. He provides more debt relief, consolidation and credit counseling information that you can research in your pajamas on his website.

In The News:

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/Blackboard-Inc-Present-Credit-Suisse/story.aspx%3Fguid%3D%257BA0D50B0F-72E6-462F-B6BF-BAD78C0FF722%257Dcid=1276514178ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNE6vL-LnPxpq-BOjovm3A9hK684OwBlackboard Inc. to Present at the bCredit/b Suisse Annual Technology b.../b/abrfont size=-1font color=#6f6f6fMarketWatchnbsp;-/font nobr8 hours ago/nobr/fontbrfont size=-1b.../b SVP of Treasury amp; Investor Relations, will present at the bCredit/b Suisse Annual Technology Conference in Scottsdale, Arizona on Wednesday, December 3, b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://newsticker.welt.de/index.php%3Fchannel%3Dfin%26module%3Dsmarthouse%26id%3D817619cid=1276514178ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNEhmH_rC-RCZM4yuHe6b3b4Cz0EZgAMD to Present at bCredit/b Suisse Annual Technology Conference/a font size=-1 color=#6f6f6fnobrWELT ONLINE/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/Salesforcecom-Chairman-CEO-Deliver-Keynote/story.aspx%3Fguid%3D%257B4F10AEC3-E4F3-434D-BDB5-4CD617F44821%257Dcid=1276514178ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNHxa40Vb6AgLDnoR1TBgDzaPZ6rIQSalesforce.com Chairman and CEO to Deliver Keynote Presentation at b.../b/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/Kenexa-Present-Credit-Suisse-Annual/story.aspx%3Fguid%3D%257B13A833C0-111F-4306-B527-6FD5A030DD37%257Dcid=1276514178ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNHwfmrlGZ0mmh0p5LzdmteJL9F8cQKenexa to Present at the bCredit/b Suisse Annual Technology Conference/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/SuccessFactors-Chief-Financial-Officer-Participate/story.aspx%3Fguid%3D%257BA93A72F1-10F2-499E-97F3-FEDCB7964F5E%257Dcid=1276514178ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNGcHRQV9psugNhHLJAfrWizBR95mgnobrMarketWatch/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/Brocade-Corporate-Controller-Charles-Read/story.aspx%3Fguid%3D%257B43EBDDFA-AC9B-4C92-A6C7-14DEC7ECD0E9%257Dcid=1276514178ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNHKdI7_Z7hjsZNi-qPIiGK20PDDxgnobrMarketWatch/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1276514178hl=ennobrall 90 news articles/nobr/a/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://news.bbc.co.uk/1/hi/business/7759888.stmcid=1276632914ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNHF7vaStsmqfgWamUascxlbR84Qdwimg src=http://news.google.com/news?imgefp=l6EfFnMXBqQJimgurl=newsimg.bbc.co.uk/media/images/44595000/jpg/_44595664_cs2_afp_226b.jpg width=80 height=60 alt= border=1brfont size=-2BBC News/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3Da_VSyM184lVE%26refer%3Deuropecid=1276632914ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNFT7_HaMJIcYtXY9W_IwhGX71KPGAbCredit/b Suisse Drops After Report on Expansion of US Tax Probe/abrfont size=-1font color=#6f6f6fBloombergnbsp;-/font nobr9 hours ago/nobr/fontbrfont size=-12 (Bloomberg) -- bCredit/b Suisse Group AG fell as much as 7.5 percent in Zurich trading after a report that the US Justice Department widened a tax evasion b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.forbes.com/markets/2008/12/02/credit-suisse-ubs-markets-equity-cx_vr_1202markets08.htmlcid=1276632914ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNGpadNVDb84J-Ym20Kd1eP49VlpEwbCredit/b Suisse Switches Tack/a font size=-1 color=#6f6f6fnobrForbes/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.reuters.com/article/ousiv/idUSTRE4B11X320081202cid=1276632914ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNHIDwG71G5L2MOjOSeelYkx-ZyFVwbCredit/b Suisse to cut 650 investment banking jobs/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.nytimes.com/2008/12/02/business/02tax.html%3Fref%3Dbusinesscid=1276632914ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNGPcfgcsJCK5tVMpkKI6UkY156K6AUS Is Said to Expand Tax Inquiry/a font size=-1 color=#6f6f6fnobrNew York Times/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://uk.reuters.com/article/wtMostRead/idUKTRE4B11WT20081202cid=1276632914ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNE2t2VzakcEJWUsR7tYpjSK_xi1_AnobrReuters UK/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.google.com/hostednews/afp/article/ALeqM5ifhP2AZSEhDUqPeMP_otgmWkiT1gcid=1276632914ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNF1k_SwSOx3KmRBAiEgYFnU2_PUBAnobrAFP/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1276632914hl=ennobrall 402 news articles/nobr/a/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaJQrO7TRuSjU%26refer%3Dhomecid=1276940856ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNGnTkOaR6CBBVJVKx_n_rbMMdiLjwFord Motor Asks Congress for $9 Billion bCredit/b Line (Update2)/abrfont size=-1font color=#6f6f6fBloombergnbsp;-/font nobr4 hours ago/nobr/fontbrfont size=-12 (Bloomberg) -- Ford Motor Co. today asked Congress for a bcredit/b line of as much as $9 billion, saying it expects to break even or be profitable before b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://money.cnn.com/news/newsfeeds/articles/djf500/200812021257DOWJONESDJONLINE000528_FORTUNE5.htmcid=1276940856ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNGVbl2nLBiAmoC1Z6AkMXsWICBd-gUPDATE: Ford Asks For $9 Billion Backstop Loan; Aims For #39;11 Profit/a font size=-1 color=#6f6f6fnobrCNNMoney.com/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.reuters.com/article/bondsNews/idUSN0219369920081202cid=1276940856ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNE2FBX9RNbaGDyH1VIDM5efxGl9HAUPDATE 2-Ford seeks $9 bln line, aims to break even in 2011/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.freep.com/article/20081202/BUSINESS01/81202051cid=1276940856ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNHWW6Wuzj7VHXG1Pa8pD2Sgu8-R5wMulally: Ford on track to making profit by 2011/a font size=-1 color=#6f6f6fnobrDetroit Free Press/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.tmcnet.com/usubmit/-ap-business-newsbrief-217-pm-est-/2008/12/02/3827682.htmcid=1276940856ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNEs0ldasGUXc7KxGlrx5vnbeZCgQAnobrTMCnet/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.thenational.ae/article/20081129/BUSINESS/760870876/1005cid=1276940856ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNEyd5Uh5IAn4J0TcYfdwgzS1W7BDgnobrThe National/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1276940856hl=ennobrall 1,295 news articles/nobr/a/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.economicnews.ca/cepnews/wire/article/170621cid=1276873961ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNGGyjfZMYfS8YqdD-EKRgY0QxnP2Qimg src=http://news.google.com/news?imgefp=3qr1TO02A8sJimgurl=www.economicnews.ca/cepnews/img/article/missing.jpg width=80 height=60 alt= border=1brfont size=-2CEP News/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.google.com/hostednews/ap/article/ALeqM5iEfGOmri0AYSVa9giU4ORFSNAhJwD94QP1600cid=1276873961ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNFtngkDBoiCHPi9YRrY9Ekq-kelewbCredit/b fears creep even into cash-rich oil sector/abrfont size=-1font color=#6f6f6fThe Associated Pressnbsp;-/font nobr29 minutes ago/nobr/fontbrfont size=-1HOUSTON (AP) — Access to bcredit/b and the capital needed for exploration and production is the biggest obstacle facing oil companies in 2009, even more than b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://money.cnn.com/news/newsfeeds/articles/djf500/200812021315DOWJONESDJONLINE000543_FORTUNE5.htmcid=1276873961ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNGgY1jNaNGOgCzLKdO1zm-I-gP7UwOil Cos Avoid Budget Cuts Despite bCredit/b, Price Fears - Survey/a font size=-1 color=#6f6f6fnobrCNNMoney.com/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/Credit-Capacity-Top-Financial-Concern/story.aspx%3Fguid%3D%257B94320317-E616-4CAF-B72D-99E1FC488A2E%257Dcid=1276873961ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNHSKrJ7I-D4UbErfgWEfpxwOuZtWwbCredit/b Capacity is Top Financial Concern of Energy CFOs, According b.../b/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.easybourse.com/bourse-actualite/marches/oil-cos-avoid-budget-cuts-despite-credit-price-fears--572306cid=1276873961ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNG9uDgovIyJjSuGcJdnRvKPKdqgHAOil Cos Avoid Budget Cuts Despite bCredit/b, Price Fears - Survey/a font size=-1 color=#6f6f6fnobrEasyBourse.com/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1276873961hl=ennobrall 33 news articles/nobr/a/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.boston.com/business/personalfinance/articles/2008/12/02/credit_card_companies_to_pare_lendingcid=1276652801ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNHQv1AnTOYgrW56gygRcIU25Rh8nQimg src=http://news.google.com/news?imgefp=zA1ouGwEKnsJimgurl=cache.boston.com/resize/bonzai-fba/Globe_Photo/2008/12/01/1228186036_6490/300h.jpg width=75 height=80 alt= border=1brfont size=-2Boston Globe/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.boston.com/business/personalfinance/articles/2008/12/02/credit_card_companies_to_pare_lendingcid=1276652801ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNHQv1AnTOYgrW56gygRcIU25Rh8nQbCredit/b card companies to pare lending/abrfont size=-1font color=#6f6f6fBoston Globe,nbsp;United Statesnbsp;-/font nobr14 hours ago/nobr/fontbrfont size=-1NEW YORK - bCredit/b card companies will reduce lending by more than $2 trillion over the next 18 months in a dangerous and unprecedented move for US consumer b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.nationalledger.com/ledgerdc/article_272624044.shtmlcid=1276652801ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNFJ4Edz9jW7HZhXjjA2EVrMuXBdWgbCredit/b Card Limits Cut, Accounts Closed: Industry May Cut $2 b.../b/a font size=-1 color=#6f6f6fnobrNational Ledger/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da1KBBJn8ORc4%26refer%3Dhomecid=1276652801ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNGf3rGLwPwUc1hsG09_A4jTpcfyOAUS Consumers Seen Facing ‘Liquidity Squeeze’: Chart of Day/a font size=-1 color=#6f6f6fnobrBloomberg/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.consumeraffairs.com/news04/2008/12/credit_card_cutbacks.htmlcid=1276652801ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNEs3UsRl7YX_CQVLsiDRSmqGDTKUAIndustry May Cut $2 Trillion in bCredit/b Card Lines/a font size=-1 color=#6f6f6fnobrConsumer Affairs/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.bloggingstocks.com/2008/12/01/next-target-for-fear-mongers-credit-cards/print/cid=1276652801ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNETOMEruU0uIOcgm5hQlB7iLjaLjAnobrBloggingStocks/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.domain-b.com/finance/banks/20081202_credit_card.htmlcid=1276652801ei=fZg1ScirCp_S9QSd29XXBAusg=AFQjCNHCbBwmOvybe4zvOBQKPUQW90Tqawnobrdomain-B/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1276652801hl=ennobrall 19 news articles/nobr/a/font/div/font/td/tr/table

credit - Google News