Credit Score - "Credit Card Usage"
Can anyone tell me why Quicken lists mortgage debt as "credit card usage?" It's not the end of the world for me by any means, but I have a few properties, and two of them have a mortgage on them. I pay my credit cards off at the end of the month, but when I look at my credit score, it shows all of my mortgage debt under "Credit Card Debt" ... which seems kind of ridiculous. Can anyone tell me why this is, and why Quicken uses this model? For a financial product like Quicken, I'd figure that they'd probably want to use one of the better credit models... any thoughts?
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