Should I get a credit card?

I gave up credit cards when I retired and did not have one of about 10 years but now I am in business with some of my children I have taken one out. Not to get any credit as I pay the bill every month but because sometimes we need to purchase big items and the credit card gives you some security and I buy small items for the business knowing that the bill at the end of the month is all business expenses. Easy way of accounting. I don't think a credit card makes any difference to your credit rating unless you don't pay the bill.

The credit card is important in my opinion. Especially you don't have to have the money inside but you can still consume with it. It is very convenient to use the credit card when you go shopping online or offline. I don't like to carry a lot of cash because it is not safe. And my bank will give me some gifts according to my consuming amount. This is why most of the time I prefer to use the credit card. I love China

The big problem is that you need a credit card for almost everything nowadays. Just about everyone I know has a credit card and it is because we know that you just can't do much with just a debit card. Also, most places require that you have a credit card.

There are other, lesser ways to get credit established. I believe even owning a cellphone establishes credit. Now it'd have to be a contract phone that is. I think if you were to get a credit card, you would need to use it atleast once a month to establish something. You could use it to pay for gas once out of the month and then pay it off immeadiately.

I only got a credit card for a gym about 10 years ago and I have to say that it was a pain in the a*s. We tried to quit but we weren't allowed for like 5-6 months and since then I'm not into credit cards at all. I prefer a debit card or a paysafe card If I want to buy something online or something :)

Well, I also have a credit card that I don't use, so why not? :) Just be sure that the monthly rates to keep are not too high.

Yes, it is True that in order for a person to have any Credit rating at all in order to buy a Car, house, etc. they do need to build up their credit, and that usually means by having a Credit Card, or something like this and be able to prove they know how to pay off their debts. I know you can get ones with small limits if that is what you are looking for, and a lot of people try to stick within their means so say if you charge $50 in a month, pay it off right away just to make it look good.

Here in the US, it can be a good thing for a younger person to get a credit as long as they don't abuse it and run up charges. Having a credit card can help you to establish a better credit rating and the longer you have the card and keep with its terms, the better your credit looks. Someday you might lok to buy a house or apartment and a good credit rating from a credit card might help to get a loan. Ideally if you don't expect to use it, you want a card with good terms. You want to avoid paying an annual fee if you can or get one with a low fee. Also you want to obviously get a low interest rate. If you get a card, it might be good to use it occasionally and either pay the bill off or leave a small balance that you can easily pay off. Why leave a small balance? In the US there are some banks that get annoyed if you pay the balance right off and they might look for ways to add fees to the card. Having a credit card can be for emergencies. Plus, if the banks in your country are like the ones here, they start making credit card offers to students getting out of school. However, once the students graduate and start working, the banks start getting picky about what their income levels are and it can get more difficult to get a credit card.

Hi NatashaBird, I don,t know where you live but i live in ireland and there is a prepaid credit card here its called payzone master card you just top up like phone credit and you can shop online i hope this onfo helps you regards Fergus.

Hi natasha! I am 36 years old and i just got a credit card last year. The reason... well i needed to purchase something online. Even i was skeptical of course as i hear sad stories of people and friends who has lost much because they couldnt manage the use of their credit card. I pray and hope that i wont end up like them.

If you don't have any credit history, it might be a good thing to have in your pocket around. But you have to be able to control yourself on spending. Because a credit card can be tempting, and the interest rate would be high if you don't pay it on time. I had many credit cards before, and I had carried some debts on my own too. Now, I Would like to get rid all of these debt, and I would like to cancel my card sooner or later.

My brother is 27 and has never had a credit card. He bought his first car outright. He has no credit. My dad had to co-sign the car loan for the new car because my brother had no credit...good or bad. As long as you use it a bit every month and pay it off, you will not get into debt. Just having it and not using it will not help build your credit. I have had a credit card since I was 18 and have only not paid off the balance once in that entire time. I have also earned over a $1000 worth of points over the years, which have paid for round trip flights, or just paid off the balance of my card one month.

If you really happy paying by debit card, why need for a credit card? If you really want to get a credit card, bear in mind that if you have to use a credit card you need pay what you owe before due date.

If i was you i wouldnt bother, people with credit cards tend to spend money they dont have and that will lead to debt so if you can avoid it i would. Maybe you could look at getting a second job that could make you some more money?.

What I've found as a good thing to have with credit cards, is their incentive to go with their card. It seems like now that there are so many cards out there, every company wants to try and pull you in as much as they can. So, I have one card that gives me points to see movies in the theatre, which I'm a real nut for, I just love movies... so once every 2 months or so, I get a free movie. Since I got that, I've hardly ever had to pay for movies, myself! My other card, covers insurance for a rental car, which is big to me, because I have to rent a car for work once every few months, so that saves me about $25 per rental. As for the cards themselves, I almost always make sure I've paid everything off every month. I've missed it by a little bit before, and for that, I've had to pay them an extra 3 or 4 dollars, but I've gotten a lot more in free items, then I've paid for in interest. You just gotta keep your eye on it, and reap the rewards.

I think credit card is not a good option for us to live an easy life because it will put us hard at the end...those credit card companies cheat their client and don't rely on credit card. The law also regarding credit card is not fair to those using it but all of the terms are favorable to the credit card company, that is why credit card holder seems difficult to pay bills from them because of hidden charges...

Well first, lets establish what a credit rating is. This is important, because if it's something you don't want, then why would you care about it? Credit rating in US culture at least, has been transformed into it being a reflection on you and your worth as an individual. But that is not what credit ratings were designed to do, nor how they were created. Over a hundred years ago, there were no large banks, or massive cities, at least not to the extend there are today. A small community bank, in a small village or town, only made loans to the people they knew, the people that frequented those banks. Thus a banker knew the person, what their job was, what property they owned, and therefore knew if loaning to that customer was a good or bad idea. But things change. Now banks have no idea who this person is that just walked in, nor if they are good or bad customer to loan money to. So they created the credit score. Not for people. Not for status. Not for your value as a person, but simply based on whether it was a good or bad idea to loan money to this customer. Now, what is the defacto standard for knowing if someone is a good customer? The same standard used by all businesses for what a good customer is. How much money can they make off this customer? This is the entire basis of the credit score. Can the bank make money off you. So now that we have established what a credit score is all about, the question is do you want the banks to make tons of money off you? Because that's the best way to increase your credit score. If you get a credit card, and charge it all month long, and pay off the card completely at the end of each month, how much are the bank making off you? Zero. You didn't pay any fees, or interest, or service charges. And your credit score will not improve much. You want to have a great credit score? Charge up tons of money, and pay the minimum payment for 7 years. You will have a massive credit score, and people will beg to send you more credit cards, more loans, more services and on and on. Why? Because I was making them rich. I did this. I spent 7 years of my life working almost exclusively for the banks. Every spare dollar, dime and penny I earned, went straight to the banks, and they LOVED me. Never again. My credit score was AWESOME, and my life sucked. I worked just to pay interest on debt. Do you need a credit rating? No. You need cash. If you have cash, you'll get anything you need. You might have to jump through a few hoops to get something, but it's way better than spending your life working for a banker. No, no credit card, no loans, no debt. Never again. Someone rightly said that a credit score is an "I love debt" score. That's exactly what it is. It's a score that measures how much you paid the banks. You want to be a wage slave to the banks? Get yourself a great credit score by taking loans, and paying interest. They'll love you, and bless you with a great credit score. [b]But just to directly answer your questions: [/b] No, getting a credit card alone, and not using it, will not really boost your credit score. If you really want to get a great credit score, get a credit card, charge a bunch on it, and pay all the interest and fees you can. The more the banks profit from your credit card, the better your score will be. You can do the same thing with any loan. Car loan, home loan, any type of loan at all. Get the highest interest rate you can manage, and make the banks as wealthy as possible, and you'll have an AWESOME credit score.

Credit card is for those we don want to handle too much cash on monthly basic, it is not for the poor and more for the discipline, because at the end of the month , debts have to paid or it will cause accumulate debt interests. Yes , having credit card will take loan better , as they like to auto debit the card and such, however , if your got cash in saving or Fix deposite taking loan should be no problem. Alternative debit card is good also as it will directly deduct your saving account.

Yes, I totally agree by getting credit card would best to show credit rating to loans companies! Of course, don't be afraid to use but be sure to always pay acct balance or minimum amount according credit card company. Be doing so, it will shown finances companies that you're trying! I did got my first credit card over a year ago and I don't even work! Since that I was able getting computer financing!

I am all for getting a bank credit card(not a specific store) that you can use anywhere.Find the one that offers the lowest interest rate,without yearly fee,and be smart about it,You use it a couple of times to buy something that you know that you can afford to pay off in one shot.This way there is no interest,and your credit rating is getting a boost.Then you keep it for a true emergency.If you do this a few times a year,you will not get in trouble,and it would be to your advantage! You never know when you might need to have a good credit rating!