Credit Card Debt
Credit cards are one type of consumer debt. They can offer great benefits, such as an opportunity to build your credit score and the ability to sometimes avoid transaction fees when travelling abroad. However, the ease of spending on a credit card can cause users to accumulate debt quickly. We understand how overwhelming it can feel to then attempt to tackle this. That’s why we’re here to help.
Key signs you may be struggling with credit card debt:
You have multiple credit cards that are maxed out or above the credit limit.
You cannot afford to pay any more than the minimum payment, meaning that your debt is getting worse each month.
You’re late or missing payments, harming your credit score, and increasing your overall debt.
You’re paying your credit card debt with other types of debt, such as payday loans.
You’re using your credit card for everyday purchases and necessities because you have no other way to afford them.
Your credit card debts are causing you stress, worry, and sleepless nights.