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Are you in deep credit card trouble?
Do you suspect that you have a problem with handling credit? This quiz will tell you for sure. Answer yes or no to each of these questions.
  1. Are creditors calling you at home or sending you letters demanding payment?

    Yes
    No
  2. Are you borrowing money to pay old debts?

    Yes
    No
  3. Do you and your spouse argue frequently about credit problems, or avoid discussing the subject altogether?

    Yes
    No
  4. Review your monthly payments to creditors. Do they eat up more than 20 percent of your total take-home pay, not including rent or mortgage payments?

    Yes
    No
  5. Have you received a threat of a lawsuit, garnishment or repossession from a creditor?

    Yes
    No
  6. Are you paying only the minimum necessary on your credit card balances?

    Yes
    No
  7. Are you depending on overtime, moonlighting, a Christmas bonus or lottery winnings to meet your routine expenses?

    Yes
    No
  8. Are you making late payments or skipping some payments entirely for a month?

    Yes
    No

-- Posted: May 18, 2001

 

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