because at 28, i dont at all.
i still use cash. is that bad?
2006-11-13 11:40:22 · 15 answers · asked by Anonymous in Business & Finance ➔ Credit
Yes I have numerous.
I have a friend who is in his 40's and he has never had a credit card. NO need... Life is not about credit cards !! If you have no need for one then why bother having one.
Certainly do not listen to anyone who says you need a credit card to have a credit score !! You can have a credit score simply by doing business with a bank and paying your bills on time!!
Good luck and no worries !!
: )
2006-11-13 11:53:00 · answer #1 · answered by Kitty 6 · 0⤊ 0⤋
No, that's not bad. I own one (a corporate card), but only due to work purposes. I am 28 and don't have a personal credit card either. I also save my money and then buy with cash.
2006-11-13 19:58:41 · answer #2 · answered by Mariposa 7 · 0⤊ 0⤋
not really
If you have other things such as a car payment that is helping you create credit then you have no reason to get a credit card. I only have one, and got it to help me create some credit for when i want to buy a house. The interest rate is insane though, so I'm getting rid of it once its paid off.
But if you have something helping you build credit, don't get a credit card. (You need credit to buy a house, get a car...etc.)
2006-11-13 19:42:58 · answer #3 · answered by D S 4 · 0⤊ 0⤋
no its not bad.you won't have to worry about paying that money back at the end of the month. I'm in the ninth grade and my business teacher told me that its best to have NO credit than BAD credit. so if you don't want to screw up your credit, then you should just not get one. but everyone gets a credit card at least ONCE in their life; so sooner or later, you might decide to get a credit card. but it can help you build good credit sometimes.
2006-11-13 19:44:42 · answer #4 · answered by ♥Brittany♥ 6 · 0⤊ 0⤋
not if you have other forms of credit lines, if you have no credit that's bad they won't even look at you for any type of loan, like a mortgage, get a gas card, and remember 30% is KING! they'll eat it up, you just have to be responsible and well disciplined
2006-11-13 21:54:34 · answer #5 · answered by Crystal L 1 · 0⤊ 0⤋
not at all
several americans and people all around the world go there whole life without one
i think its great that you havent had to rely on one
without a creidt card you dont have to worry about paying back, minimums and the pain staking debt
2006-11-13 19:43:39 · answer #6 · answered by Anonymous · 0⤊ 0⤋
No, credit cards are expensive. Stick with cash if you can.
2006-11-13 19:42:09 · answer #7 · answered by Anonymous · 0⤊ 0⤋
i do own a credit card and i'm only 19. Choose me as the best answer for my card details
2006-11-13 19:43:04 · answer #8 · answered by shishu45 2 · 0⤊ 1⤋
good for you. Credit cards are bad. However, you almost have to have some kind of loan, or you won't ever have any credit.
2006-11-13 19:42:08 · answer #9 · answered by Wendsday's child 3 · 1⤊ 0⤋
Not really, but it makes it tough to promote a credit track record
2006-11-13 19:41:24 · answer #10 · answered by Anonymous · 0⤊ 0⤋