How to Know When Your Repayment Plan Isn’t Working Anymore
Published on 04/17/2025
The Big Question: How do I know if my current credit card payments aren’t really working for me?
With interest rates rising fast, even people who pay on time are starting to feel stuck.
If you’re wondering whether your current plan is sustainable, this guide will help you recognize the signs—and know when it’s time to make a change.
5 Signs Your Debt Has Become Unaffordable
1. You’re only making the minimum payments.
Minimum payments barely touch the balance—and almost all of it goes to interest. If this is all you can afford, it’s a red flag that your debt is controlling your cash flow, not the other way around.
2. Your balances aren’t going down.
Even after months of payments, if your total debt hasn’t moved—or has gone up—you’re in a cycle of interest accumulation. Rising interest rates make this worse.
3. You’re using new credit to pay old credit.
If you’re shifting balances around with balance transfers, cash advances, or new cards, it may feel like short-term relief—but it’s a warning sign that the system is breaking.
4. You can’t build savings.
If all your money is going toward credit cards and none toward emergency savings, you're vulnerable. One surprise expense could send everything spiraling.
5. Your credit score is falling—even though you’re paying.
This happens when your credit utilization is high—which is common when interest keeps your balances up. A falling FICO score despite on-time payments means the debt is dragging you down.
How Interest Rate Hikes Make It Worse
Every time interest rates go up, your monthly charges increase—even if your balance doesn’t.
That means more of your payment goes to interest, and less to principal.
It becomes harder to make progress.If your interest rates have climbed, and your payment hasn’t, you’re losing more money every month.
When to Get Help
You don’t need to wait until things feel out of control. If you:
– Can’t make more than the minimums
– Feel stuck with no savings
– See your credit score falling
– Feel anxious every time a bill shows up
Then it may be time to explore a structured plan to take back control.
If You Want a Different Outcome, You Need a Different Plan
You don’t need to fix everything today. But one short conversation can help you:
– Understand your true cost of debt
– See how much you could be saving
– Decide on a path that fits your life—not someone else’s timeline
What Can You Do?
Debt relief programs and other solutions exist to reduce what you owe, lower your monthly payments, and shorten your timeline to becoming debt-free.
You’re not failing—you’re facing a system that wasn’t
built to help you win.
You’re not failing—you’re facing a system that wasn’t built to help you win.
Let’s find a smarter path forward.
You deserve relief—and you can take the first step today.
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