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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Debt Free who wrote (113583)	3/30/2008 5:15:36 PM
From: bentway	Read Replies (1) \| Respond to of 306849

Well, the fact is you NEED to have used credit to get a credit rating, or you can't finance that house. I've got multiple credit lines I don't use, and a great rating. So, using credit is mandatory, unless you're Paris Hilton. Financing that first used car to get to work isn't a terrible idea, even though it'd be better to just buy one outright. My parents didn't teach me about credit, but they did teach me morals, which included paying my debts and honoring my obligations. Which served the same purpose.