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CREDIT DANGER SIGNS. Dr. Neidermeyer. Serious Trouble If. Use CC to buy on impulse. Postdate checks to avoid bouncing. Exceed limit on CC. Don’t add up bills to avoid facing reality. Borrow to meet normal living expenses. Use one CC to meet payment on another.
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CREDIT DANGER SIGNS Dr. Neidermeyer
Serious Trouble If • Use CC to buy on impulse. • Postdate checks to avoid bouncing. • Exceed limit on CC. • Don’t add up bills to avoid facing reality. • Borrow to meet normal living expenses. • Use one CC to meet payment on another. • Barely make minimum payments/no savings.
Action Steps • Quit using CC. • Coordinate with CC company to arrange acceptable payment program. • Obtain credit counseling if you’re in an extreme upside-down situation. • Re-think your “Needs” and “Wants.”