http://www.moneyrulesdebtstinks.com/?p=392
Also to note, I was never in approval of debt that you couldn't immediately pay off. If you will read my "Increasing Your Credit Score" series, you will see that I clearly laid out that you need to have the money in savings to pay the card off in FULL immediately if an emergency arose. If you don't have the funds to cover the amount owed on the credit card you are using to improve your score, you really should NOT be worrying about your score but rather getting some CASH saved up. Most people with debt, could not pay off what they owe in a year even. So please understand my viewpoint for debt and the process I did to improve my score. I wholeheartedly agree with Mary Hunt's post above, America needs to get a grip on GREED!
