Credit Card Debt and Depression

Credit Card Debt and Depression

Credit card debt and other financial problems easily trigger depression, among many other mental health issues. The stress of collection callers, letters and mounting fees can create anxiety, panic and fear. The pressures of credit card debt can easily trigger depression, substance abuse and suicide.

Dangers of Debt and Depression

People with debt easily worry and panic, so it may seem like there is no way out. Many people with credit card debt are so overcome by fear and stress that, instead of seeking help, they dig themselves further into a hole. People can feel so guilty, ashamed or embarrassed that they avoid help. Many people hide these problems from family members in hopes that they will figure out their problems before anyone else discovers the issue. Many people with credit card debt are so overwhelmed that they ignore it because it is too frightening to handle.

It is incredibly dangerous for people to struggle alone with debt. Stress, anxiety, fear, helplessness and depression can take over a person’s life, and lead to dangerous behaviors like substance abuse, self-harming behaviors and suicide. Both debt and depression can interfere with relationships, careers and health. Divorce, homelessness, job loss, mental health problems, suicide and substance abuse are all common consequences of debt and depression.

Help for Credit Card Debt and Depression

When indebted people suffer from depression, it becomes even more difficult to get back on-track. Depression makes people feel like there is no hope; it strips away their wills to recover and get their lives back, because they are so overcome with despair.

Credit card debt is something that many people face. Getting out of debt is difficult, but certainly possible, and there are many resources that can help with this. Specialized treatment and recovery programs are also available to address depression, anxiety, substance abuse and other issues resulting from credit card debt. Credit counseling, debt management and other financial-assistance programs can accompany addiction treatment like family counseling, behavioral therapy, psychotherapy and medication.

Help with Depression and Debt

While the burdens of debt may seem too great to overcome, you can get through this, and you do not have to suffer alone. If you struggle with depression, anxiety or other consequences of debt, we can help. Our caring, recovery professionals are available 24 hours a day to listen and help in any way they can. Recovery professionals can answer your questions, address your concerns and provide all the information you need to find help for depression and debt. We have connections to quality resources for addressing and treating depression and debt. You can get your life back, and we can help get you there, so please call us today.