| HappySqurriel said: Is a credit card a necessity? Therefore you have at least one meaningful alternative which is to not have a credit card ... |
Your argument is getting a bit ridiculous. I cant imagine how inconvenient life would be without a credit card. No more online shopping, having to carry large amounts of cash on you at all times, and trying to pay for goods and services where the payment is expected to be through credit cards. Thats not to mention loans, which is the only way that many people can pay for housing, cars, tuition, etc.
I can see the pain in your logic though. You desire for the free market to be infalliable (which actually isnt a true 'free' market since society hasn't had one since the Stone Age) so instead of going with the simple and best choice of having government regulate bad business practices, you instead opt for not letting uneducated people get credit cards and loans until they finish a government provided training course for financial and legal matters.
