Using Your Credit Card- Just Because You Can Afford it Doesn’t Mean You Should Buy It

Unfortunately, at Sunshine State Bankruptcy, we know that one of the leading causes of bankruptcy is credit card debt.

Just because you can afford something, doesn’t necessarily mean that you should buy it. If you push your finances to the max, you make your financial future vulnerable if there are unexpected changes in your situation.

Unfortunately, in the Tampa Bay area labor market is tough. Teachers, firefighters, nurses, haven’t gotten raises in years though prices that increased. Many have been tempted to use the credit card to continue maintaining their lifestyle and now unfortunately are getting calls from debt collectors.

If you have made credit card purchases and can no longer afford to make the credit card payment, bankruptcy may be right for you. That means that you will get the help that you need to get a fresh financial start and a solid financial plan that will help your family’s future. Remember, just because you can afford it, doesn’t mean that you should make the purchase but if you are being harassed by creditors, bankruptcy may be right for you. Contact Sunshine State Bankruptcy to learn whether bankruptcy is right for you.

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