I have no credit cards. Whatever will I do?

Answer 1

Count your blessings.

Answer 2

Use this technique to get a card and create a good credit fast !!!

PIGGYBACKING: Despite its' virtually
unlimited potential, piggybacking is
not used by nearly as many consumers as
it should be. It's easy, effective,
and extremely fast. Unfortunately,
it's mostly used among parents and
siblings while those who can really
benefit stay in the dark.

How it works. Almost every credit
card or credit account will allow the
primary account holder to add on (at a
later date) what's known as an
"Authorized User" or "Secondary Account
Holder". In most cases, when this is
done, the entire account history
(retroactively) gets posted to the
authorized users credit report
regardless of their current age or
credit history!

For example. If it's a credit card
with a $10,000 limit which has been
paid as agreed for the last 10 years,
then that complete history will be
posted to the authorized users' credit
report. I once saw a clients' credit
report who used this technique with his
mother. He was only 24 at the time and
he had a $15,000 Gold credit card on
his report with history going back 11
years! I laughed as I thought to
myself that this kid would have had to
be approved when he was 13 years old
for this account to be his!

As you can see, this strategy is
usually only used by parents and their
children and in most cases with no
regard to the benefits the children are
reaping credit wise! In fact, in
recent years, due to its'
effectiveness, this technique has led
individuals with excellent credit
scores to "rent out" authorized user
accounts on one or even multiple credit
cards in return for a fee! I once
recall seeing an ad in USA TODAY for
just such an opportunity. Like most
good credit loopholes, I'm sure this
methods' days are numbered much like
what may be the case with...Terry Price is the founder of Consumer
Education Group which publishes the
Credit Secrets Bible (in print since
1994).

For more information on the CREDIT
SECRETS BIBLE you may visit:

http://gaby1221.niesong.hop.clickbank.net

Answer 3

It's more about what you won't do. Pro: You won't spend money you don't have. Con: Harder to develop credit history which you will eventually need for larger purchases like a car or a home.

I have never had a credit card and I get along just fine, although my husband has one for emergencies and we just use it for gas every once in a while to build up a good credit rating.

I would recommend getting one just to build up some credit and ONLY using it for things you absolutely have to buy anyway, like food and gas, and paying it off every month. It's when you start buying things you can't really afford and putting them on a card that you get into trouble.

Answer 4

You don't need credit cards if you have money...
You don't want credit cards if you don't have money...

Answer 5

Trust me that is a good thing not a bad thing. They can cause a lot of financial hardship if not used correctly.

Answer 6

Visit creditboards.com

Answer 7

neither do I. I'm 39 and have not had one for 17 years

Answer 8

Enjoy not being in debt!