My FICO score is 597!

The last time I checked my FICO score 6 months ago it was hovering somewhere around 700 give or take 25. Today I decided to check it and my score is 597!

The #1 reason my score is so low can be attributed to the fact that I’m carrying roughly $30,000-$34,999 in balances (at 0% apr of course). I guess my score will suffer until March 2009 when I pay off all the balances when the 0% promotional APRs expiring.This is probably the lowest my score has ever been but I don’t plan on making any credit related decisions anytime soon.

According to Yodlee Moneycenter, over 60% of my credit limit is being utilized.