8 ms·
Even if you don't have a credit card you may have a mortgage, or a car loan, or a business loan, or... To have none of those things in the US you must be eithe
by stathibus 5y ago
Even if you don't have a credit card you may have a mortgage, or a car loan, or a business loan, or...
To have none of those things in the US you must be either very rich, very poor, or dependent on someone else who does.
- kube-system 5y agoMany people rent and buy cars with money they have saved. Some others, use public transportation. While many middle-class people take advantage of credit, it is not a requirement to participate in modern society. It is optional, in any normal sense of the word. Search "debt-free lifestyle" and you'll find blogs of many who advocate for living this way.