Are you in debt denial?
An increasing proportion of UK consumers are suffering psychologically from a condition known as debt denial. In these difficult financial times, it was inevitable that their best kept secret would seep out as more and more people try to cope inwardly with the pressures of debt.
Whilst many are relieved to share their worries with a trusted friend or family member, those suffering from debt denial prefer to block out the debt that they have accumulated and not seek help.
Typical examples of debt denial include;
1.Putting bills from creditors into a drawer and refusing to open them.
2.Pretending to be someone else on the phone for fear that a creditor could be on the other end.
3.Struggling to find the minimum payment for each account every month.
4.Brushing-off the balance that has accrued on accounts, preferring to only acknowledge the minimum payment.
5.Refusing to actually sit down, estimate and come to terms with the total amount of debt accrued.
6.Ignoring the rate of interest being charged on each account.
If any of the above applies to you, then you need to seek debt advice with urgency. Any or all of these symptoms can affect those who are in debt denial. As soon as they face up to their financial difficulties, they will see that there are many debt management companies and free debt advice organisations willing to help them to lift that veil of financial embarrassment and allow them to face the world head on.
Debt Advice News posted on 30/05/2007 16:21:49
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