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Subject:  Re: Ever heard of the 30% rule? FICO Date:  8/26/2019  2:17 PM
Author:  rainphakir Number:  312614 of 312706

LOL xtn. I promise! I'm not taking it personal. 🙂

And, I know how "my opinion" comes across. This is not the first time I've expressed it.

A point at which I see most folks reasoning being different than mine is how to define legal, moral, and ethical.

And how the definition affects society.
A SCAM may be legal, but be dishonest or fraudulent at either the moral or ethical definition.

Many seem to believe that because FICO is legal, that is not a SCAM.

Be that as it may... This board has discussed the way that percentage of debt (debt/credit ratio) affects FICO.
According to the article in the OP, there is an industry "rule of thumb" that somewhat codifies that.

That was the original information that prompted this thread.

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