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Adulting 101: Life Skills for the Real World: Credit Card Debt & Foreclosure

Credit Card Debt

Consumer Financial Protection Bureau 

Facing a credit card bill you can't pay? Unsure what to do? This page can help:

What to do if you can't pay your credit card bill

FTC Consumer Advice

Credit counseling can help you manage a financial crisis, but not all credit counselors are reputable, unfortunately. It will take a little work on your part, but finding someone you can trust is important. For more on finding someone you can trust, see this page from the Federal Trade Commission:

Credit counseling

Foreclosure

USA Gov Foreclosure Site

If you have taken out a loan to purchase a home or property and you do not make your loan payments, the bank may take your home back. This is called foreclosure. It's best to reach out to your lender before you miss a payment. Many lenders are willing to work with you to keep you in your home when times are tough, so don't bury your head in the sand! For more information on avoiding foreclosure and refinancing, see:

USA Gov's foreclosure site

Foreclosure Avoidance Counseling

If you think you may have trouble paying your mortgage, don't wait to seek out help. Free counseling is available if you are facing challenges in keeping up with your mortgage. To find someone near you, please see this link:

Free foreclosure counseling

Bradner Library resources