ANSWERS: 4
  • I'm a poor man without any credit!
  • Depends. You can obviously never own a house, but then again you can never forclose on one. You don't own any credit cards, but then you don't have any debt and aren't paying any interest. You don't own a car, but then you aren't wasting your money on gas,insurance, maintenance etc. It all depends on your perspective. There can be a lot of advantages to having credit and a lot of disadvantages. Depends on the means in which you enjoy living life.
  • Not at all. I have paid off everything except my car and my Harley, and those should be paid for by the end of this year. I don't intend to EVER borrow money again! : D

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