I have a cc and its at its limit but its only a quarter of what its limit was and I brought part of a car with it.  I had no other choice at the time but interestingly enough the interest rate is way cheaper than a car loan anyway.  Credit is not a bad thing if you budget well.

I don't think the ride everyone claims we are in for will be much worse than whats happened previously, its just a matter of weathering the storm.