Health Blog

Everyone knows that dealing with unpaid credit card debt can cause customers to feel stressed and worried about their finances. Now, a new study published in the American Journal of Health Promotion found proof that this kind of debt can also be linked to psychological and health risks, including bouts of depression and a higher body mass index (BMI). Leading to a vicious circle, these health risks in turn can lead to an increased risk of dangerous diseases such as heart disease.

The connection between these health risks may be found in the background of the human psyche.

To start with, many consumers find it very frustrating to see part of their wage or income go straight towards paying off their debts, and never be able to use any money for themselves. This feeling of frustration becomes even worse when the unpaid debt is quite large and the consumer feels like they’re not making any progress. In the worst case scenario, the reaction is that of a small child that wants immediate satisfaction. The consumer gets so frustrated that he or she wants to buy something to reward themselves. As a result they risk accumulating even more debt through interest-free purchases or the use of their credit card.

Secondly, many people associate excessive credit card debt with feelings of guilt and shame. The mountain of unpaid debt signifies their own failure. Whether it’s a failure to look after their family, guilt over not being able to control their spending or feeling inadequate because they cannot keep up with the income or spending habits of their loved ones. The feeling of guilt and shame is often exacerbated at the moment other people are informed of the credit card debt problem.

Lastly but most importantly, it’s essential to know that debt, no matter whether it is extreme or not, causes uncertainty and worry for the person who incurred it. Severe psychological reactions can be the result of uncertainty, for example not knowing whether the unpaid credit card debt can be paid off, or how long it will take, or how much the interest payments will be.

It’s evident through these three psychological aspects of unpaid credit card debt that debt problems are about more than just money – they involve our psychology, emotions and attitudes on every level.

Having support to manage your unpaid credit card debt is essential. The first priority should be to find out about the psychological aspects of debt.

The first step to making a real change is finding the right information to help you with step-by-step instructions for getting out of debt To claim your free eBook on changing your money habits and managing your unpaid credit card debt go to http://www.bustcreditcarddebt.com

Article Source: ArticleSpan

By articlespan.com
Yaab