January credit card bills will soon arrive in mailboxes, and if you spent too much during the holiday season, you could be in for a big shock.
Millions of people will begin the new year in heavy credit card debt, but there is help available. Debt management companies are already helping those who are financially in trouble. Greenville Financial Specialist Eric Sauder says the first thing you should do is to immediately cut your extra spending. Also, put your credit card in a safe deposit box, and use it only in an emergency. Or better yet, cut up the card and continue to make your monthly payments.