Do You Feel Over-Leveraged?

Using credit and loans to leverage oneself to do more with what you have is likely the goal. For instance, putting down a required down payment and then financing your home vs. saving $400,000 to pay cash helps you be a homeowner much sooner in life. But what happens when you feel too stretched, over-leveraged and unsure if you can make the payments? That is the reality for tens of millions of Americans, right now. In fact, over 20 million people are several months late on their electric bill, at risk of being turned off. With record breaking borrowing, payments and nearly all-time high's of APRs, at least in the most recent few decades (which might be your entire lifespan so far!), many people are feeling the pressure and not sure what to do. [email protected]