Quote:
Originally Posted by Encryptus
Ramsey approaches credit cards in the same philosophy most Apostolics do about drinking, even though some could handle it, it is not worth the risk of getting addicted. Credit card abuse is epidemic right now and ESPECIALLY dangerous now that often cannot be discharged through bankruptcy.
I have taught his FPU several times. as a general rule his advice is dead on, avoid credit cards and consumer debt at all costs.
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ok.
if you do this, how does one build up there credit so they can qualify for a decent car loan and in the future, home loan? One has to build their credit some way-- credit cards are not the only way, but it is definitely an easy way to build one's credit rating.