Using debit-only can backfire on you, I did this for years and when I went to buy a house, banks were like, you have no credit. I was confused because I had va

Using debit-only can backfire on you, I did this for years and when I went to buy a house, banks were like, you have no credit. I was confused because I had various utility bills and they showed up on my credit report, and I had a score from those. But for house loans they ignore those, and only look at credit cards and actual loans, which I had none of. So I had to get a credit card and put off buying a house for a year until I could build the credit they were looking for. Turns out it was pointless since I was self-employed they wouldn't give me a mortgage anyway (wish they had mentioned that up front, but they didn't). Ended up buying a small house with savings, which really hurt my future wealth, but oh well.