Credit for Emergencies Only

Just read a tidbit from Geri Willis of CNN's 'Your Money'. Her article is good guidance for the credit card addicted.

I think I liked best the advice from John Ulzheimer of Credit.com to use no more than 10% of your available credit. Additionally "people with the best credit have a utilization rate of no more than 7 percent,". Beyond that it apparently hurts your credit score. Whoa.

Okay, I think that's doable.