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09-08-2010, 02:39 PM
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Join Date: May 2004
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Country: United States
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Originally Posted by Naych_PHX View Post
What's wrong with a debit card?
They don't improve your credit score. If you want a bank to loan you money for something like a house or a car, you have to have a good credit score. From what I can tell, you need to borrow money and then pay it back in order to improve your credit score. If you move through life without going into debt, you will not have a sufficient credit history to justify anyone loaning you any money in the future.

Last edited by rt: 09-08-2010 at 02:45 PM.
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