There are many signs that can point towards a credit or debt problem.   A person may experience some or all of the following signs. Having trouble paying bills on time Receiving collection calls or reminders of past due accounts Using up your overdraft or credit line Sleepless nights due to debts Spending more money than you have Defaulting on monthly credit card payments Impulsive spending due to financial concerns Hiding debts or spending from your partner Allowing bills to accumulate because you are unable to pay them Your financial institution has turned down your request to consolidate your obligations There is no budget or spending strategy in place Feelings of hopelessness, as if you’ll never be able to pay off your debt