4 ms·
No ways. Unless you want to have a hard time getting a place to rent or get a mortgage, you WILL need to have credit. I learned that the hard way when I cance
by mililani 13y ago
No ways. Unless you want to have a hard time getting a place to rent or get a mortgage, you WILL need to have credit. I learned that the hard way when I cancelled all my credit cards two years ago and have had no debt or loans since. I just used debit cards for everything. And now, I'm almost a millionaire having a hard time finding a place to rent because my credit is not the greatest anymore.
- gaadd33 13y agoHe only said "credit cards with rewards", as in there's no incentive for people to use credit cards that have a reward if they end up charged more for every purchase. Also if you are a millionaire and are having a hard time finding a place to rent, why not just offer to pay 6 to 12 months of rent up front? Even in NYC that tends to work.
- klipt 13y agoYeah, you'd think that having "good savings" is at least as good as "good credit". The only reason I have a credit card is in case I need good credit in the future for a mortgage or something. Otherwise a debit card would suit me fine.
- deleted 13y ago[deleted]