fffresh wrote:You're right Floppster. He has a bad credit utilization ratio, not bad credit. He does not make late payments and no delinquencies ever. He has both revolving credit (credit cards) and a car payment (installment loans).
Yeah that can kill it too. Over the next year we will all see a lot of changes in the credit system. I am quite sure that the future Credit Score will decrease on all available or used credit lines. Only the once which do not accepts or use credit will be in the better scoring level.
Intellectuals solve problems. Geniuses prevent them.
- Albert Einstein 1879-1955