DEBT PROBLEMS

(FDIC) The seven signs of a debt problem are

• You are using credit cards for routine purchases you used to make with cash or checks
• More than 20% of your monthly net income is for paying back credit cars and other loans (excluding mortgages)
• You are borrowing money to make payments on loans you already have
• You are frequently at, near or over the limit on credit cards
• You are paying only the minimum required on your credit card
• You are paying bills late or putting off visits to the doctor because you think you do not have enough money
• You're working overtime or a second job just to cover food, housing and other living expenses.