4 signs you have too much credit card debt

In an ideal world, you would never have any credit card debt. But sometimes you may end up carrying a balance, whether it’s because you recently made a large purchase or your finances were unexpectedly tight that month. There is a fine line, though, between a balance that is manageable and one that is potentially a problem.

If you are unsure whether you have crossed into troublesome territory, here are some telltale signs that will tip you off.

1) Your credit utilization is starting to affect your credit score

Your credit utilization reflects how much of your total credit you are currently using. If you have used up most of the amount available to you across your lines of credit, that “not only signals that you might be overextended, but it also actively damages your credit score ,”