06-08-2004, 07:05 PM
Feersty Wrote:.RJ Wrote:Debt builds credit, if you can manage it properly.
Strange but true, I have zero credit and it prevents me from doing test drives at the local used car lot. Friggin jokers!
Yeah, when I bought the IV I had an awful time getting the loan cuz I had no credit. One year later, they didn't even question me when I refinanced it for the 2 grand more than the initial loan.
Feersty, my recommendation might be to get a credit card for like 3-6 months, pay it off every time and use it a lot, then cut the bastard up. You'll have a credit history and it will look better than nothing.
RJ put it best, debt isn't bad as long as you can control it.