Six signs you are over-indebted advertorial

2015-06-04 06:01
A Debt Counsellor is able to provide immediate relief to you and stop those annoying phones calls from debt collectors pestering you for payment.
 Photo: supplied

A Debt Counsellor is able to provide immediate relief to you and stop those annoying phones calls from debt collectors pestering you for payment. Photo: supplied

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IT is human nature not to admit that you have debt issues as you feel shame and guilt.

The reality is that nearly half of all credit active South Africans are over-indebted and are unable to meet their monthly financial obligations so you are not alone.

The top six signs that you are over-indebted are:

- You do not open your bank statements;

- You do not know exactly how much you owe and to whom;

- You do not like discussing your finances with anyone – least of all your bank manager or your spouse;

- You find yourself month after month taking out short-term payday loans and you are not telling anyone;

- You borrow from one friend to pay another one back.

- You deny that you are in need of debt counselling, and maintain to others that you are coping with the situation;

If any of these situations apply to you then contact one of the friendly consultants at National Debt Counsellors to see how they can assist you by reducing your monthly repayments.

A debt counsellor is able to provide immediate relief to you and stop those annoying phones calls from debt collectors pestering you for payment.

Contact National Debt Counsellors today on 087 727 9728 for some no obligation free advice on how to remedy your debt problems.

Signs that you feel shame and guilt about your debt, and could be in denial:

- You owe friends and family money – and you’re avoiding them because of it;

- You lie awake about your finances, but you can’t seem to stop spending, as going shopping makes you feel good for a short while;

- You feel that you are entitled to a certain standard of living and you feel deprived if you can’t manage it;

- You don’t want people in your life to know how many accounts or credit cards you have;

- You are using one credit card to pay the minimum amount on another one and regularly have these limits increased

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