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Holder who has very marginal or poor credit. that population is growing very quickly and it is very frightening. i think for a short period of time we learned our lesson but i don't know there is going to be any staying pow per. >> gail, when it comes to credit, it is kind of like cholesterol -- you have the good and the bad credit. is it really that bad to carry a balance on your credit card? >> well, i would consider any debt over in the bad debt category if you can't responsibly service that debt obligation. simply by asking the question, do i have too much debt, signals to me that you're c...

It is a very sensitive discussion around money. nonetheless, it needs to happen. you need to sit down, set a date with your spouse, tell them -- at the onset, we're not going to fuss or argue about this but we just need to come clean. >> and people should remember that, right? because it is considered a big issue in a lot of divorces, for sure. and john, let's talk about the credit crunch and maybe how it is affecting all of us. so interesting numbers recently. credit card delinquencies fell to an eight-year low. do you think people have learned some lessons here? >> i think that that is in fa...

Then you're still good to go. but if you depend on debit or check cards or atm cards, then you have to proactively opt in because it would now be illegal for a financial institution to stick you with that fee unless you do so. >> definitely something to think about if you want to avoid that embarrassment. john, stick around to take a look at these statements from the nfcc. now if any of you out there are answering "yes" to two or three of these statements, you may be in financial trouble. but here's the thing -- don't panic because we've got our experts ready to help before you dig yourself in...

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