The Consumer Credit Counseling Service says that you may be facing a credit emergency if you answer "Yes" to any of the following questions. Have you:
- argued with your spouse over bills?
- increased the percentage of your income being used to pay off debts?
- approached or reached your credit limits?
- paid only the minimum on revolving charge accounts?
- been chronically late in paying bills?
- borrowed to pay for items you used to pay for in cash?
- put off medical or dental visits for financial reasons?
- reached a point where losing your job would place you in immediate financial difficulty?
- been threatened with repossession of your car or other legal action?
- avoided calculating your total debt, and are afraid to add it up?
For help, contact a nonprofit credit counseling organization in your area. For more information, see the Web site for the National Foundation for Credit Counseling.
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