2006-08-15 10:36:48 · 13 answers · asked by grumpyfiend 5 in Business & Finance ➔ Credit
...and I don't want to have a credit card.
2006-08-16 05:26:43 · update #1
here's some great reading, might take you a while though:
http://credit-cards.ebookorama.com
http://finance.ebookorama.com
http://credit.ebookorama.com
http://credit-repair.ebookorama.com
if you get any luck please don't forget about me lol, hope it helped you!
2006-08-23 09:01:30 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The August 2006 issue of Consumer Reports stated that not having one or two (not more, not less) credit cards will lower your insurance premiums with some auto insurance companies. They may very well use a different scoring method that others who pull your credit. Remember that the credit reporting agencies do not provide the score--the companies who view your report do.
Therefore it's very important that you choose the RIGHT credit card. I did some research on the web to see if there were any unbiased ratings, comparisons or reviews. I did find one here: http://lendersrated.com/creditcards.htm...
I hope this helps you.
Leafgreen
2006-08-15 18:29:37 · answer #2 · answered by PaymentKey.com 3 · 0⤊ 0⤋
Credit score is determined based on your available credit and payment history in all credit types. Age of accounts is also a factor, lack of a credit card is not enough information to guess at a score. I suggest getting a free copy of your report from:
https://www.annualcreditreport.com/cra/index.jsp
2006-08-15 14:15:10 · answer #3 · answered by STEVEN F 7 · 0⤊ 0⤋
Your name wouldn't appear on the credit scoring list, It'll just be stated as no credit at all... Once you start building your credit, you'll start to be issued a score based on your open account's, loans, and any other item that will appear on a regular credit report.
2006-08-15 10:41:03 · answer #4 · answered by Anonymous · 0⤊ 0⤋
If you have student loans, cell phone bills, etc. then you have a credit score. *** Get a credit report every six months to a year and you'll see what open accounts you have. This is also a good way of monitoring identity theft.**
2006-08-15 11:10:10 · answer #5 · answered by Sal G 4 · 0⤊ 1⤋
Maybe owing your own home applying for Dpt credit cards
2006-08-20 15:20:53 · answer #6 · answered by pattibcacl 6 · 0⤊ 0⤋
I don't know. I'm pretty sure I have no credit score.
2006-08-15 10:46:45 · answer #7 · answered by Anonymous · 0⤊ 0⤋
You can build credit by making car payments, and rent payments. I don't own any credit cards.
2006-08-15 10:40:20 · answer #8 · answered by mama 5 · 0⤊ 1⤋
you don't need a credit card for credit it can be a number of things like cell phone, utilities, rent/mortgage.
2006-08-15 10:40:18 · answer #9 · answered by Honey83 5 · 0⤊ 1⤋
u would not have one unless u have loans or cell phone in ur name, a car, apartment, something like that
2006-08-15 10:40:27 · answer #10 · answered by lowkey616 3 · 0⤊ 1⤋