The Shame Associated With Credit Card Debt

People would rather talk about how much they weigh than reveal how much credit card debt they owe.

Interview:  Michael Taggart

 

  • A recent survey by CreditCards.com found that 47% of Americans felt uncomfortable discussing their credit card debt with anyone and only 19% who were uncomfortable talking about their weight.
  • Struggling with debt brings up a host of negative emotions like guilt, shame and embarrassment, so many people hide the problem.
  • Hiding the problem almost always makes it worse as interest rates rise and late payments pile up. You have to get it out in the open and see the monster for what he is before you can defeat it.

Following the 4-step C.A.R.E. method gives people the tools and plan to break free of the credit card debt traps and get on the road to a debt free future.

 

Available for Interviews: Michael Taggart

Michael Taggart is the co-founder of DebtReliefCenter.org, author of “Goodbye Debt, Hello Future,” and has been helping people get relief from debt and avoid bankruptcy for over a decade. In 2018 alone, he helped 321,611 people with plans for how to overcome $10,008,814,180.00 in debt. He is a devoted husband and father that is passionate about helping people and families create a better financial future for themselves.

Contact:
Jo Allison
PR Managing Editor
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Success In Media, Inc.
Jo@SuccessInMedia.com

Getting Rid of Debt May Actually Make Your Brain Work Better

Interview:  Michael Taggart

Talking Points:

  • Researchers at the National University of Singapore’s Social Service Research Centre studied 200 low-income people who unexpectedly had portions of their debt paid down by a charity.

 

20k in Credit Card Debt? 4 Steps to Overcome

If you’re like me, then being over $20k in credit card debt can become strangling. My minimum payments were $896 and I knew something needed to change.

Take charge of the situation by following the 4-step C.A.R.E. method: 

 

1. Choose. The first step is to choose a deep, emotional reason for why you want to get out of debt.

 

2. Assess. You can’tt defeat a monster you can’t see. You need to get your exact debt picture in black and white in front of you—down to the last dollar.

Continue reading “20k in Credit Card Debt? 4 Steps to Overcome”

Distress Associated With Credit Card Debt

Interview:  Michael Taggart

People would rather talk about how much they weigh than reveal how much credit card debt they owe. Here are some talking points from Michael Taggart on the subject of emotional stress Americans have with credit card debt.

 

  • A recent survey by CreditCards.com found that 47% of Americans felt uncomfortable discussing their credit card debt with anyone and only 19% who were uncomfortable talking about their weight. 
  • Struggling with debt brings up a host of negative emotions like guilt, shame and embarrassment, so many people hide the problem. Continue reading “Distress Associated With Credit Card Debt”