[Pupart]

[quote=moneyman]Credit card is a common thing now in our society. There are several credit card companies out there that are persuading people to sign up for credit cards.

Credit cards are very advantageous especially in times of urgent situations. Aside from that, credit cards are also helpful in building credit history, which is also required when you apply for loans. Another use of a credit card is to improve your capability to obtain a private loan, acquire a job, make a purchase of a house, rent an apartment and buy a car. With credit cards, you're able to exercise your personal accountability and independent lifestyle.

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That's a shame that part of ones Fico score is determinded by having a credit card.
Not everyone wants a credit card . And not everyone should have one.
One can excersise their personal accountability and independent lifestyle by paying their essentials on time and having savings.
I remember last year seeing a man on TV who was celebrating his 100 th Birthday. As the newscaster interviewed him he made the comment that he never had a credit card. He had no plans to get one either!
He made it to 100 without one! Hmmmmm...