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Personal Finances / Credit Cards and Consumer Debt


Subject:  FICO = 0 Date:  2/22/2014  10:12 PM
Author:  Windowseat Number:  307904 of 312185

I found an article on NBC regarding people who have no credit score. None. They pay cash for their cars, they've either paid off the house or they rent, they don't have credit cards, and the most they use is a debit card. They have removed themselves completely the credit race. Some of them have been through bankruptcy or struggled with debt and want no part of it.

And some comments from people who like the idea or reject it. I think some people might feel threatened by the idea of not having credit. We're accustomed to having it, and being told we have to have it. Definitely a different idea, but not one I feel I need to practice.

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