Do you have multiple credit cards you can’t make repayments on, is your mortgage costing you too much money, has your employment situation changed lately? It’s hard to sometimes maintain repayments when situations change.  Veda Advantage reported in November 2007 that:

Four in five Australians in debt now worry about their ability to make repayments over the next 12 months, according to a new Veda Advantage study. The study also found close to 2 million Australians admit finding it difficult to make repayments or they are unsure how they will make their next repayment – raising concerns about a new debt divide between Australians who are struggling and those who are still managing to meet their financial obligations.

There are solutions for this, best thing to do is not allow it to get worse and contact a Finance Broker who can help you with your problems. Finance Know How has experienced brokers that Know How!