A significant feature in holding on to a high credit status is actually the contents of your credit report. The credit report is very much the chronicle of your monetary life, encapsulated in a comprehensive file.
It is indeed a material world. Our culture of consumption is marked not only by rising levels of disposable income, but by rising consumer debt and declining household savings. Economists may tout the virtues of consumer spending in keeping economies afloat, but on a personal level increased debt is cause for concern.