Do you have a credit card?

Question

I don’t. I don’t know much about them apart from their main purpose but I don’t like how it sounds. Don’t think I’ll ever get one lol

Answer

I only got one to build credit. It's helped immensely.

Answer

I clicked no but I’ve had them in the past. They’re the best way to quickly and visibly build your credit rating but they’re also easy to abuse. We don’t need one for now but will likely get one in the future when we’re looking at getting a house

Answer

I got one to build credit for bigger loans like car and mortgage

Answer

Unfortunately you have to have multiple lines of credit open in order to build your credit. If you plan to own your own home some day, this is important. 
My husband and I have two credit cards that we pay off in full each month. It’s nice though because we get money back from our purchases. The Costco card earns up to 4% back and the amazon card I believe is 5%

Answer

I have 2 only to build credit. First one I got 3 years ago when I turned 18 and the second one I got recently from Leon’s Furniture. I’m 21 and my credit score is just reaching 800. I have about $9,000 in OSAP (school debt) that needs to be paid off but besides that I am debt free.

Answer

No. Can't get a job so seems pointless.

Answer

yes. i got it to build my credit and to help with big purchases, like for school.

Answer

I have several. Use only one. And pay it in full every month. I was extremely in debt after my divorce from my first husband (like almost $40,000) but paid it all off. 
The only debt I have now is my mortgage (well technically I have a car loan but it has 0% interest and I have enough cash to pay it in full today if necessary). 
Having a credit card doesn’t mean you have to carry a balance. The sad thing is my credit score is great now and I don’t even want/need to buy anything on credit.

Answer

I have 10 open lines of credit, 5 are credit cards. I’m 27, opened my first at 18. My credit score is 811 and I’ve only been working for 2 years. My discover card has a $12,000 limit, my lowest one has around a $2500 limit 
I have a degree in Finance and work in recruiting for finance/accounting. Happy to talk about any of it w you via messenger!

Answer

I have 2 one for Kohl’s and then a normally one. I got them to build credit but i wish I hadn’t got them 😅 its nice to have but I usually just have enough money for my bills so I always end up using my credit card for food/gas then I never have more then the minimum option each month to pay off. The Kohl’s one I dont regret since I really dont shop there and its only a $300 limit

Do you have a credit card?

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