CPA
Elite Member
- Nov 19, 2001
- 30,322
- 4
- 0
Don't do it and don't listen to the folks who say "get a credit card NOW. You need it!"
BS, you don't need it.
On average, credit card users spend 12-18% more per purchase.
More than 60% of credit card holders do NOT pay off their card monthly - in other words they carry a balance.
You can get a home loan without credit, you just get a manually written mortgage.
Pay for a car with cash and buy it used, not new.
Get a debit card for auto rentals or anything else you may need a "card" for.
BS, you don't need it.
On average, credit card users spend 12-18% more per purchase.
More than 60% of credit card holders do NOT pay off their card monthly - in other words they carry a balance.
You can get a home loan without credit, you just get a manually written mortgage.
Pay for a car with cash and buy it used, not new.
Get a debit card for auto rentals or anything else you may need a "card" for.