The signs that prove you are deep in debt

The Irish Independent ran a very useful article recently about the signs that prove you are deep in debt.

If any of these apply to you, please consider getting some advice on your financial situation:

  • You are only paying the minimum monthly repayment on your credit cards
  • You are unsure on how much you owe your lenders
  • You are borrowing to pay off your debts
  • You are usually late paying your bills
  • You are in negative income and use your credit card to pay for everyday spending
  • You're spending more than you earn
  • You don't have any savings
  • You are constantly turning to others for financial help
  • You fear conversations about money and personal finance even among friends and family
  • You are fearful of answering your phone or opening mail
  • You've been rejected for credit
  • You're constantly worried about your finances.

You can read the original article here.

If you are suffering from any of these issues, talk to MABS. They can help.


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