Kicking the habit

"prescribing life without debt"

Kicking the habit

None of us are perfect when it comes down to bad habits, but some are worse than others; not understanding your debt or finances is one of them. Kicking these bad habits into touch means that you can look towards“prescribing yourself a life without debt”

Too many credit card

Having too many credit cards means that you have the potential to get into too much debt. Although introductory offers many tempt you in, it is important that you take control of your credit card debt. Start by paying off the highest APR cards means that you can look forward to “prescribing yourself a life without debt”  in a much quicker time.

2: Spending more than you earn

Spending more than you earn by living beyond your means is a financial habit which you need to nip in the bud right now. This is the quickest way to get into debt, especially if you regularly have to rely on your credit card the week before pay day. Take control by creating a monthly/weekly budget and keep to it! when setting up new direct debit’s or standing orders try to arrange it so the payments are taken a day or so after you are paid.

Missing credit card payments

Always make sure that you meet your credit card, store card or catalogue payments as they fall due. speak to the creditor and ask them to change the day they take a payment so it fits in to your budget better. Missing these payments not only means that you will have to pay late fees but any missed payments will also show on your credit file, which could make it more difficult to get accepted for credit in the future.

Losing touch of your finances

Being unaware of how much cash you have in the bank to how much debt you have outstanding (Do you Know how much?) this may mean that you have lost touch with your finances, Checking your credit report is a good way to see your own credit history.

Not seeking debt help when you need it

Sadly debt problems will not sort themselves out, and if you are missing credit card, store card, or even mortgage payments, if you are not opening post, Do you know about the problem but just choose to bury your head in the sand, do not feel embarrassed, ashamed or guilty this is a natural defense reaction, there will be a solution to your problem, problem is you may not be able to see it, this is when you need to seek professional advice as soon as possible.

Contacting a professional

debtDr offer a person to person service with one of our experienced consultants visiting you in your own home, or at a more convenient location if preferred, to discuss your situation and concerns call

0845 123 4000 or 0845 224 2761

Or text 07709 410 208 to request a call back