The second half of the credit card story is to keep each individual card at a 35% ratio or less as well! Be careful transfering credit card debt from one to another to play the "ratio" game. Most of them will charge a "balance transfer" fee, and its not worth it. Also did you know if you're late on one of your card payments and the others see it they might be able to raise the rates they charge you. It's all disclosed in that 1 point type that Superman can't read! Keep in mind this info is to get you into the 800's for a score. No one really needs to get there. If you have a score over 700 you should be getting the best rates available for any type of loan out there.
If some loan officer is screwing you over or saying its not true, have him call me. Nobody screws with "Hogan's Hero's" on my watch. Hope you all are having an amazing weekend!
John
PS. Some of the Credit services you can sign up with to get your scores (keep in mind the www.annualcreditreport.com doesn't give you scores) also offer recommendations on how to get your specific score "UP"! Based on your credit profile.
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