Q: How do I know if I need credit counseling?

A: If any of these statements apply to you, then you may need credit counseling. The more statements that apply, the more likely credit counseling is needed:

I frequently miss my monthly payments on at least one credit card or other debt

I have several credit cards, all of which are at least 90% maxed out

I have at least one credit card that's currently over its credit limit

I have one or more credit cards that have exceeded their allowable balance and incurred overage charges at least twice in the past twelve months

I make the minimum payments on my cards, but finance charges and other surprises typically send me over my credit limit, incurring an overage charge on top of that

I have trouble making the minimum payments on my credit cards

I'm behind on my mortgage, car loan, or other debt

The principal and interest on my debts cause me to miss other important payments -- like rent, the electric bill, or car insurance

I'm considering bankruptcy

Other Credit Counseling FAQ's Related Credit Counseling Articles
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1. Which of these best describes why you are
    in debt?

2. What types of debt do you have?
    (please check all that apply)
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Please Note: Unsecured debts are debts such as credit cards, personal loans, lines of credit, store cards, medical bills, and utility bills that are not secured by collateral. Mortgages and car loans are NOT considered unsecured debt.
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