@Anonymous wrote:
@SouthJamaica wrote:The advice was accurate. It was before I had any credit. He gave me advice on how to go about getting a credit score so that down the road I would be able to get a mortgage.
However, the truth is that I resent the advice I got, because he also was advising me affirmatively to go do it... get credit so that I could qualify for a mortgage some day. I look back on that day as a day that I fell off a cliff. It was actually the worst day of my life, because it was the worst mistake I ever made. I was much happier before I began to owe money. I wish I had disregarded his advice, and stayed debt-free.
But did you ever get a mortgage, or do you plan to? Had you not taken his advice, wouldn't you to this day have no credit/score and thus not be able to apply for a mortgage? I get what you're saying, but I sort of feel that it's a necessary evil, no?
Yes I followed his advice, got mortgages, etc, and got lots and lots of heartache and anxiety.
No I don't think it's a necessary evil.
Anything you can do with a credit card you can do with a debit card.
And anything you don't have the money to buy you can save for.
