Debt treadmill Savings are at an all-time low in America, while the debt load continues to climb. We all know that times are tough, but just how bad is it?How credit works It's tough to manage debt if you don't understand how credit works. Learn the process and find out how you can make sure you have a good credit report.All about credit reports Very few documents will make as much difference in your life as your credit report. Learn how to obtain, read and understand your financial history.Joys of good credit Good credit improves your financial health in more ways than most people realize. Keeping your credit rating is worth the effort, but don't get carried away.Danger ahead Debt problems don't just suddenly appear. Most of the time they take a while, and if you're alert for signs of trouble, you can probably avoid any potential disasters.Bad credit Bad credit can hurt a consumer in many ways. Don't make it worse. Understand how debt negotiation and bankruptcy work.Getting help The bad news is that you're in financial trouble. The good news is that there's help available. Credit counseling and loan consolidation can make a difference.Tools to use Having trouble getting your finances in order? Here are some calculators and other tools to help you work things out. advertisementRelated Links:Tools for tackling your debtMoney Essentials: Debt 101Going through divorce in bankruptcyRelated Articles:New hubby's old debtHow to beat bad credit Co-sign a loan and you pay