Credit Card Tips - Help I have fallen behind in my payments

Even the most responsible of people can get into trouble at times. I know many lovely people that simply aren't good at managing their finances. If you have fallen behind in your credit card payments there are some steps to take that may help you in your situation

1. Don't hide it
Banks and other credit card companies hate it when people try to hide the fact that they can't make their payments. Instead of waiting for them to send a nasty letter or call you asking what is going on, give the credit card company a call and explain to them you can't make the payment on time. Some will give you an extension to pay the bill and others will lower the interest rate until you can pay it off.

2. Cutting Back
If you are in trouble then you need to consider cutting up those cards or using your credit card sparingly (if you have good self control). Making your own lunch or coffee can often save you more than you think!

3. Get Some Advice
Find someone who is registered to give out financial advice and get a plan drawn up to get you out of debt.

Good luck managing the beast!