Consumer Debt

[rubaty]

http://www.cnn.com/2008/LIVING/personal/02/22/financial.security/index.html

Another interesting article, especially this bit:

If your credit utilization is 50 percent or more of your credit limit, you are doing some real damage to your credit score, says Craig Watts of Fair Isaac, one of the companies that provides credit scores. When the new FICO '08 scoring model is adapted in May, if you have a utilization of over 50 percent, you'll be penalized even more heavily.

[haulingthescoreup]

Interesting! And especially,

When the new FICO '08 scoring model is adapted in May...

Is the other shoe finally getting ready to drop?

[Anonymous]

I'm excited for this! I really think the FICO 08 is going to help me out. Everything I've read about it looks good for me.