Quote:
Originally Posted by Mr Pheer
I'm glad I never really got into the credit game except for my house. I have a debit card and I keep a large balance in my checking account, never really had much of a need for credit cards. There have been many times when I go buy a corvette, hummer, new BMW, motorcycles, whatever and just write a check for it. The one payment plan, baby!
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I've been that way too. When I paid off my house I was fearful of my credit score dropping with nothing ongoing, because of that I opened my home equity LoC. I have two BofA credit cards that I use once in a while and pay down quickly.. and couple of Amex cards for travel. Haven't bought a car on credit since 1990.