>Cut up your credit cards If you spend frivolously, I agree. Otherwise, credit cards can be a good tool in building a payment history. I am in my mid-30s and h

>Cut up your credit cards If you spend frivolously, I agree. Otherwise, credit cards can be a good tool in building a payment history. I am in my mid-30s and have almost no credit history due to paying for everything in cash. While the credit score itself is not bad, my payment history is so limited that lenders appear to consider it a slight gamble.