People in different situations can handle more debt than others. How do you know if you're using too much credit?

How are you doing?

1. 10%
   Congratulations! Like 85% of all American families you limit the amount of debt you carry on your credit cards.


2. 11 to 15 %
   You are in the high average group. Don't be too alarmed but you should slow down and try to get your debt closer to 10 percent.
   


3. 16 to 20 %
   You have more debt than most people with your income. Only five out of 100 people owe as much as you do. Start working on reducing your debt.


4. 21 to 25 %
   RED ALERT! Your home, your car, and your debt are probably eating up 75 percent of your paycheck. It's time for a dramatic change. You may need help from the National Foundation for Credit Counseling (1-800-388-2227) or Myvesta.org (1-800-698-3782)


5. 26 % or more
   You definitely have far more credit than you can handle. You need professional help immediately to reduce your debt. Start by calling one of the above.