No. of Recommendations: 2

This morning I finally brought my credit card balance down to $0.00. It was close to $5000 last summer <insert red face here>. I have been a lurking fool for a while, but thought I should thank everyone for the advice I've been reading.

I also have a question. I am a Canadian living in the United States (three years now so I'm a permanent resident). When I originally came to the USA, I had a Canadian credit card, but could not get a US credit card because my Canadian credit history does not count in the States. My question is, should I even get a US credit card? My fear is that if I don't, I will be seen as having no credit history when I apply for a mortgage. Is a credit card my only vehicle to gain credit? What advantages does a credit card have financially? Seems all it is is a way to get into debt and pay finance charges. Any help would be appreicated.

Thanks in advance,
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