I never had a credit card before I was 43. Eventually, I needed one to rent a car (they wouldn't accept cash any more), which I did often as I traveled on boats, far from home.
I found that owing nothing meant I had no credit; a fate worse than death, in the US. It took years to build a good credit rating, because I still paid for what I wanted by paying off the credit card immediately. Eventually, I found a few no interest cards that I could max out until just before the expiration of the no interest deal, and built some credit.
I should have been born 150 years ago.
IIN that in every job nowadays you need "networking" to get ahead?
↑ View this comment's parent
← View full post
I never had a credit card before I was 43. Eventually, I needed one to rent a car (they wouldn't accept cash any more), which I did often as I traveled on boats, far from home.
I found that owing nothing meant I had no credit; a fate worse than death, in the US. It took years to build a good credit rating, because I still paid for what I wanted by paying off the credit card immediately. Eventually, I found a few no interest cards that I could max out until just before the expiration of the no interest deal, and built some credit.
I should have been born 150 years ago.