Credit Card Debt and Your Health

Being in debt can make you do some crazy things sometimes. Take Steve McNair’s debt-stricken girlfriend, for example. That may be one extreme, but the stress the debt causes can be unbearable at times.

According to an AP poll done in 2008, people dealing with stress from credit card debt are far more likely to report health problems and subsequently visit the family doctor, which will involve more payments and probably more debt. It is an endless cycle.

Although most people appear to be managing their debts all right, perhaps 10 million to 16 million are "suffering terribly due to their debts, and their health is likely to be negatively impacted,'' says Paul J. Lavrakas, a research psychologist and AP consultant who analyzed the results of the survey. Those are people who reported high levels of debt stress and suffered from at least three stress-related illnesses, he says.—MSNBC

The 2008 survey showed that muscle tension, severe migraines, panic attacks, ulcers and even heart attacks can be a realistic result of credit card debt. It’s more than just a matter of money, credit card debt is a matter of your health.

With the economy in shambles, it’s understandable that most American’s are feeling the pinch and are struggling to make their payments, and are more likely to also be struggling with their health. Revolving consumer debt, almost all from credit cards, now totals $957 billion, compared with $800 billion in 2004, according to the Federal Reserve.

It’s ironic that in most situations it is a health crisis or unexpected accident that causes most people to fall into debt in the first place. In today’s climate, when that credit card debt results in extreme stress, you are right back to where you started from with unexpected health concerns and more money to pay out.

Getting out of debt with a trusted and reliable company might be the answer you’ve been looking for to relieve your stress and save your health. With The Debt Settlement Program, we can take care of the harassing phone calls and negotiate a settlement that you can afford. Why would you want to continue this cycle of despair, when there is a way out?