Credit Cards

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A community for discussing any aspect of credit cards. It is important to pay them in full and on time. Please ask questions and contribute to the knowledge surrounding credit cards

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Do you actually need credit to buy things? (lemmy.world)

submitted 2 months ago by DaddysLittleSlut@lemmy.world to c/creditcards@lemmy.world

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Hey, I was wondering if someone needs credit to buy things. People in my family have said I wouldn't be able to buy a car or a house without credit. But if I'm saving up cash to pay for things outright, do I really need credit?

Note: I’m sorry if this is the wrong place to ask.

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[–] DaddysLittleSlut@lemmy.world 1 points 2 months ago

I might be renting a house soon, but my family has been making me really nervous about it, which is what they do. The rent is $2.4K per month, and it includes industrial equipment like sinks, and fiber optic internet. That $2.4K covers everything I need. The house itself is $1.3K. They say I should be making at least three times the $2.4K rent, but I’m making about $4K every month.