Are you in debt? Well, you’re not alone. Debt is a mounting problem. Cheap credit and the rising cost of living has put more and more of us in debt. Sometimes that debt gets out of control and just keeps on rising. It can feel like we will never be out of the red.
The most common response is to ignore the problem and hope it will go away. This is not a good idea. You can’t hide from debt. As the interest build up your debt will just keep on getting bigger.
It is better to face up to it and do something about it. Debt is not something to be ashamed of and hidden. A period of unemployment, illness, or unexpected expenses can easily force any of us into debt.
Your first step should be to contact one of the consumer credit counseling services. You will find one near you. They exist in every town and every country. Visit the website of the counsumer credit counseling service at www.cccsintl.org to find your local office.
You will be able to talk through your problems with an experienced financial advisor who understands consumer credit and the issues surrounding debt. They will help you to make a plan to pay off your debts and keep out of debt in the future. You don’t have to be foolish or incompetent to get into debt.
There is a fee to pay. They have to keep their service going. But it is very reasonable and it is small price to pay to escape from the anxiety that chronic debt produces.
They will ask you to bring in all your financial details and be open with them about your debts, bills and income. This is the only way they can assess your financial situation. The whole thing is entirely confidential so there is nothing to worry about. Your employer, your friends and family need never know.
They will negotiate with your creditors on your behalf and work out a payment plan that you can manage. Most lenders would rather accept some payment rather than none. The consumer credit counseling service has immense experience at negotiating in these cases. They will get you the best deal possible.
Once they’ve established a repayment plan the consumer credit counseling service will work out a budget for you that should keep you debt free. They work with you to plan your finances and put you back on track.
Debt is something you cannot struggle with alone. You need expert help. That is what the consumer credit counseling service provide.
So if you are struggling under a burden of debt look for their website, in the Yellow Pages or ring them on the toll free number 1-800-873-2227.
It could make all the difference to your life.