I've been trying to create a budget for us to try and pay off my credit cards, and even if I wanted to tear the two up and never buy on credit again, I can't. Just about everything in this country revolves around credit histories and credit scores. If you have too little credit you don’t qualify for certain things like buying a house, but if you have too much credit you get penalized. Then again, at least now those with less than stellar histories can get back on track with credit cards for bad credit. I don't think we're anywhere close to needing a card like that, but it's nice to know it's out there in case we do ever need it.
Posted by Amanda at September 20, 2007 7:57 PM | TrackBack