z3n -
1of10 and jimfr are correct.
If you don’t believe them, listen to Dave Ramsey. He is a wealthy financial advisor and a conservative. He buys property with cash. He has no credit score.
No credit score is not the same as a low credit score, but most people cannot qualify for a mortgage without a credit score.
Landlords are willing to overlook the absence of a credit score, but they require an income 3 to 3.5 times the rent.
I had no credit score for many years because I had no credit card and no debt. I had to take out a credit card and use it to get a credit score.
Same here and I’m soon to be 65. This is no different than it has been in the past. I laugh because so many Gen Z people think this the first time inflation has ever happened. I lived through Jimmy Carter and boy, a high school graduate or associates degree couldn’t get a job at Burger King, let alone a “living wage.” This was back in the late 70s.
I’ll stand corrected, or at least better informed.
I’ve never heard of anyone not even having a credit history or a credit score. I would imagine that children don’t, but I don’t know how you avoid never having an account of any type. My parents even helped me open a savings account when I was in my early teens. I don’t know this to be true, but I assume I already had a credit history starting then.