Reply #15: I've never had one. [View All]

[H2O Man]

I have never had a credit card, and have no plans to ever get one. When I applied for a bank loan a decade ago in order to buy my house, the fellow at the bank acted as if I were from another planet. He asked me how I survive without credit cards, and I said quite well. I paid off the loan in ten years, as opposed to the thirty the loan was for.

While money is not a central interest in my life, I try not to go into debt, especially to those who charge outrageous interest rates. I view credit card debts as a lack of discipline.