i use my card for everything and pay it off at the end of the month, so why do i use a card? because i can get either cash rewards or free stuff that i would not get paying cash
you can make it pay you to use it...
Close a credit card and your score is lowered.
Even if you pay your credit card in full every month on time for years on end, you are still penalized if you use too much of your credit line.
I believe these illogical rules are purposely set up to lower scores, of even the most credit worthy, so they can bang you with higher rates when you apply for credit.
Exactly. I have never checked my credit score, and I certainly don't care to. I do not use credit - never have, never will. If I can't pay for it in cash, then I don't need it regardless of what I may think at the moment. It took me nearly 20 years of saving to purchase a home, but when I did it was mine (with the excecption of a dowry to the county tax collectors annually). Most people will roll their eyes and cast sarcastic comments, but I sleep well knowing I have never lived outside of my means even if it meant eating rice and ramen noodles for weeks at a time when I was younger. It is possible - people just need to set their priorities in order. Or ..... keep being screwed over by banks and CC companies.
You be correct, Credit is EVIL, don’t need it, don’t use it. Pay cash for everything, even a house.
i use my card for everything and pay it off at the end of the month, so why do i use a card? because i can get either cash rewards or free stuff that i would not get paying cash
you can make it pay you to use it...
I check my credit history regularly since I was a victim of Identity theft 10 years back...luckily I caught it in time and prevented any significant issues. Still I do the periodic check just to make sure...