Temperature Check
Checking your financial health is as important as checking your physical health. Answer “yes” or “no” to the questions below to triage your debt to determine the help you need.
- Do you find you do not have adequate funds in your bank account to pay for necessities, and you are often using your credit card to “tide you over”?
- Are you are borrowing money from family or friends, or from a payday loan service to get you from payday to payday?
- Are you making the minimum payment on your credit cards instead of paying off, or down, the balance?
- Would it take more than a year to pay off all your outstanding debt(except your mortgage)?
- Do your monthly installment debt payments exceed 20% of your net income?
- Are creditors are harassing or threatening you?
- Are utility companies cutting off services?
- Have you had cheques bounce or your debit card refused?
- Have your wages been garnished?
If you answered yes to one or more of these questions, you should seek professional debt help at LCTaylor.
