Financial troubles can lead to various complications, including leaving a person unable to meet his or her financial obligations. When bills go unpaid, creditors start calling, notices of foreclosure start arriving in the mail and threats of repossession may begin. The thought of losing personal property is not only overwhelming, it is embarrassing and a threat to your way of life.
Do you remember the first time a credit card company accepted your application? Maybe you were fresh out of high school or had just landed your first full-time job. It may have been exhilarating to go shopping with that new plastic in your wallet, like a kid in a candy store. Maybe you are a little embarrassed at the things you bought then, but the credit card gave you a sense of freedom.
Like many others here in California, you may struggle with your finances. You feel as though no matter how hard you work or how many corners of your budget you cut, you just can't get ahead. Then you get your paycheck and realize that it's not what you expected.