How do you obtain revolving credit when you want to be careful with your own?
I have a car loan I pay on time and a student loan on time…..
Why are those considered chopped liver in comparison to a credit card.
Aren’t credit cards bad?
I have a car loan I pay on time and a student loan on time…..
Credit cards aren’t bad. You have to remember this:
Credit cards don’t ruin people’s finances. People ruin people’s finances.
When used responsibly, credit cards can greatly enhance your life, most especially with regard to convenience. But they can also help you build a healthy FICO score, which you need for many, many areas of your life.
A book that I think would help you a lot is Suze Orman’s “The Money Book for the Young, Fabulous & Broke “. It can give a lot of answers to someone in your situation. I also refer to it a lot, having read it over a year ago.
Here is a link to it on Amazon.com:
As of this posting, you can buy it used there for as low as $3.00.
HTH!