CanLaw
Credit Problems? How to legally reduce or eliminate all your debts.
Current as of
DO YOU HAVE CREDIT CARD DEBT OR MONEY PROBLEMS?
Can't Pay Bills?
HERE ARE THE WARNING SIGNS
What are the warning signs of credit problems ?
Credit Danger Signals?
CREDIT PROBLEM? BAD CREDIT RATING? Here Are the Warning Signs and Credit Danger Signals You Need To Recognize And Address Before Your Financial Problems Become Serious Problems
You already know if you are in trouble. You need to face it and determine how bad it really is before you can determine the best course of action to achieve financial stability. You need to take a hard look at where you are right now.
Yes you can get out of debt. There are many options available to getting control of your finances.
You cannot run or hide from your debts.
Browse these pages for the choices you have to solving your money problems including a consolidation loan or credit counselling services. You can reduce your debt substantially by making a consumer proposal. Consider that bankruptcy is not a problem, it is a solution. You can live a normal life and be debt free. Take the time to learn about the credit problem solutions and then take charge of your finances.
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from a credit problems or consumer protection or money problems lawyer. Click here for your free referral
Credit Danger Signals
If you answer yes to any of the statements listed below, you have financial problems and are heading for trouble. The longer debt is ignored, the worse it gets and the more difficult it becomes to fix problems.
- My credit cards are maxed out or over the limit.
- I live in debt on my overdraft. I can't pay my bills.
- I have no money, bad credit and money problems.
- I am spending 20% or more of my take-home pay on loans and credit card monthly payments.
- Creditors have threatened to sue, repossess my personal property or hire a collection agency to recover their money.
- My wages are being garnisheed to pay for outstanding debts.
- I borrow money for household expenses from friends and family to make it from one pay cheque to the next.
- Utility companies have cut off service because of outstanding bills.
- I go over my spending limit or use credit cards as a necessity rather than a convenience.
- I only make the minimum payment on my credit card balances.
- I have received second notices about overdue accounts.
- My credit rating and credit scores are bad.
- I am being sued or have judgments against me.
- I am afraid to answer the phone because it might be a collection agency calling.
- I am spending 20% or more of my take-home pay on loans and credit card payments.
- I pay one creditor one month and another the next because there's not enough money to pay both.
- I have many missed payments or late payments.
- I pay excessive interest or service charges because I don't pay bills on time.
- I am renegotiating loans to cut monthly costs or looking for a consolidation loan to pay off old bills and a few new ones.
- I am looking for a consolidation loan to pay off other consolidation loans.
- Financial problems are affecting my health, job or marriage.
Here are the credit warning signs.
Do you have debt or money or student loan problems?
Do you have debt or money or student loan problems?
CREDIT OR MONEY PROBLEMS? Thinking about bankruptcy or credit counselling or a consolidation loan? Here are the debt warning Signs and credit danger signals you need to recognize and address before your financial problems become serious problems."
THERE IS NO SUCH THING AS CREDIT REPAIR. Do not pay any company to rebuild your credit rating.
There is nothing they can do to change your credit rating.
