Those in the financial fixer-upper business say they are hearing from more people with higher debts this year because buyers' confidence in a strong economy inspired a bigger spending surge. We're not making more and the rate of our savings is down. We're just treading water, but everything else is going great. Statistics show holiday shoppers outdid themselves. After all that spending, there will be a lot of financial mending.
Credit counselors say there are several symptoms that indicate that someone needs a debt doctor.
Having to use credit for items you used to pay cash for, such as food and gas. Making credit card payments by charging them to other cards. Being in a position where any emergency, such as car repairs, could put you under. Never seeing an improvement in your finances year after year. Worrying about money.