prl_vm at 100% CPU - Guest XP with Parallels 7

Well ever since I upgraded to version 7 I have had many problems one of the biggest being parallels seeming to use up 100% CPU most of the time sometimes rarely the CPU goes normal but most times its stuck at 100% even if I am not running any other windows programs. Need help fixing this it's annoying making my mac hot and useless and slow.
 
Well, I think the main reason why your CPU is using 100% of your memory is mainly because the system requirements that are asked by Parallels 7 are not met. In fact, it is a software which brings alive another OS in Mac. You definitely need sufficient RAM and HDD space for it to work perfectly.Whever i end up in such issues, some of my friends has told me that we could look for guys from angies list and hire him to fix the issue for me.
 
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I dont think that is the reason because I have 8 GB of RAM and emough space and the mac is still pretty new so is well in the minimum stats :S
 
same here i have 16GB on iMac27 2011 edition! Version 7 no longer responsive... Version 6 doesn't work anymore either... how bizarre!
 
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