Do You Need Debt Consolidation Help? Here?s A Checklist To Help You Find OutPosted by Nick Niesen on October 29th, 2010 It seems that everyone is in debts. Recent statistics show that that the average American family in credit card debt carries a balance of $4000 on several credit cards from month to month. It is thus no surprise to be in debts especially when you are bombarded with solicitations to buy things on a daily basis. The ease of getting credit at the moment also doesn?t help much to curb your impulse buying spree. While it may look as if normal to be in debt nowadays, you might want to find out if you need help to get you out of your debt problems now before you fall deeper into the debt trap. Ask yourself these questions to access your current financial health and see if you need debt consolidation help. 1. Are you always late in paying your monthly bills? 2. Have you reached or exceeded the limit on most of your credit cards? 3. Are you only paying the minimum for your credit card balances? 4. Are you dipping into your past savings, or worse you have used up your savings already? 5. Do you find yourself having the need to use a credit line or cash advance to pay your monthly bills. If you answer yes to most or all of the above questions, you are most likely in debts and living hand to mouth now. It?s not the end of the world yet. It only means that you need to take action to clear your debts and debt consolidation may just be the answer. Like it? Share it!More by this author |