08-12-2004, 10:53 AM
If you dont carry a balance on it, you can get the benefits (cash back, frequent flyer, free gas, purchase protection, etc). Then there's the purchasing power (which is also a bad thing) if you have a few cards.
Although now that you own a house, the credit benefit becomes much less significant.
Although now that you own a house, the credit benefit becomes much less significant.