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soulfly666 on 18 December 2013
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Kasz216 said:
the2real4mafol said:
The credit free life.

But seriously, i won't get a credit card because i don't think they are worth it. It's so easy to get into debt with that bit of plastic. I would rather use my own money thanks.

Not like it matters now, but i'm from London, England.

Problem with that is... if you don't get a credit card, you don't build up a positive credit hisotry.  Which if you don't have a credit history you may as well have a shitty credit history.

Then your stuck unable to get a house loan at a good rate... if at all.


I have one credit card that i use for bigger purchases, and i pay it off in full at the end of the month.


This is 100% true.  If you don't have credit cards (in house accounts or general) you can't show a credit history and you will be turned down for loans to buy a house or a new vehicle.  Credit cards are not evil at all.  All you have to do is buy things you can afford, or buy things you can afford on 0% interest and pay in full before the deadline.  You just need to pay it off every month (that you use it) and then it never costs you anything and skyrockets your credit score so you can get car and house loans at really low rates and you won't be turned away.  Try explaining to a fiancee / wife why you can't get yourself a house or new car that is absolutley needed...yeah trust me I know people that has happened to, and you don't want it to.  

Anyways I have several.  The one I ge t the most reward points is actually likely the playstation card believe it or not.  Sometimes you can sign up for airline ones and get free tickets, but you have to check the fine print as sometimes they will tell you you have to spend thousands of dollars in like the first 2 months which may or may not be good for your situation.  Also if there is a place you shop at or somehwere you spend tons of money or recurring bills, you can look at getting a card through them and then you know you will always be getting bonus points nonstop.  And yeah, always pick one that gives you a year or 2 of 0% APR on everything.  

But yeah, the only people who can legitimately claim they will never need a CC or they are evil and won't get any are people who are only going to need used cars and prefer to rent homes.  If you want to buy a house or a new car you have to be able to prove they can take the risk on you, which is through good credit history.  No credit = bad credit.