I recently ran across a great article titled “The Last Taboo: Americans Will Talk about Sex Before Credit Card Debt,” and the title definitely sparked my interest. Having worked with thousands of Americans over the last several years regarding their credit card debt, we definitely know the challenges, and sensitivities that come with the territory; but sex? Really? Again, we know that for many, credit card debt can be something that seemingly creeps up on you, and by the time you realize it, you can’t find your way out. Although, for many, not talking about their debt may have been what got them in a bad situation to begin with. I cannot tell you how many times we see clients that have really just ignored their mounting debt. Many times they may not even be using their cards, but by ignoring them, interest and fees continue to pile up, and before they know it, it has become out of control.
Being that we are all being faced with the current challenges of the American economy, I think it is important to realize a few things…

1. We all use Credit Cards…and most of us have over extended ourselves at one time or another. You’re not alone.
2. Ignoring your debt will not make it go away, it will make it worse. Especially in today’s economy, where creditors are stepping up collection activity much sooner than say, a year ago, and being much more aggressive in doing so.
3. Be Proactive: The sooner you start to deal with you debt, the better results you will get. Many times your creditors will work with you to handle your debt balances, especially if you’re proactive about it.
4. Seek Help/Advice From an Expert: There are legitimate companies out there with experts trained in helping people manage their debt. Debt is not Taboo; for the majority of Americans it is a fact of life. We have helped over 30,000 families nationwide take control of their debt and get back to basics and the sooner someone calls, the sooner we can help. Companies like ours will provide anyone who calls a free and confidential debt analysis. At the least, you can find out what options are available to you.
5. Swallow Your Pride: Many people feel like they got themselves into the situation, and they need to get out. The truth is, for many people struggling with debt, they can’t get themselves out whether they want to or not. Again, there are experts out there who do this every day and can give people real, legitimate debt relief options.

The purpose of our debt management blog is to provide some insight on sensitive subjects, and address financial issues in an open forum. Debt should not be “Taboo,” it’s a fact of life, and if you’re struggling with debt, we want you to know that you don’t have to go at it alone!

Tags: credit card debt, Debt Help, Debt Management, debt relief, Sex

This entry was posted on Wednesday, January 28th, 2009 at 10:12 am and is filed under Debt Management. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.