Are you struggling to pay your mortgage? Is your credit card debt increasing? Are you unable to save?
Debt has a terrible habit of snowballing. Your debt was probably manageable until you experienced a change in circumstances. Perhaps you were suddenly lumped with unexpected bills, you needed to get your car or fridge repaired or your household income decreased due to job loss or illness. It’s not uncommon for debt to become unmanageable over time and lead to financial stress.