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Reference no: EM133061611

1. What can you do if you cannot pay your credit card bills?

2. List five (5) signs that you have the credit card habit.

3. Wally currently has a balance of $14,500 on his credit cards and he is having a hard time making the minimum payments on them. He has missed several payments and is now paying the default APR of 29.99%. He and his wife own a nice home with $40,000 in equity. They have $7,500 in a certificate of deposit with a 4% APR. He has come to you in tears asking for advice. What would you tell him to do?

Reference no: EM133061611

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