I’m in this boat and it kind of sucks. I have a lot of savings after a few decades being a programmer, but my credit history consists of nothing but a few late bill payments over the years - never had a credit card or a house or car loan. To rent an apartment I always had to get my brother or father to co-sign the lease, or else I would just rent a room from somebody (which usually never required a credit check). I can’t get a credit card from a bank or even cards from stores.
On the other hand, it kind of doesn’t suck since I have no debt whatsoever, and I just bought the house I’ll spend the rest of my life in for cash. For the last fifteen years I’ve driven cars I bought for cash on eBay or Autotrader. There were times in my life when if I’d had access to easy credit I would have dug a big hole for myself, and the (very rational) unwillingness of anybody to lend me money saved from financial disaster.
If you’re good with your money, you should at least consider cards with cash back rewards. You can get cards that give you 2% back on everything. BCP will give you 6% on groceries but comes with a $95 annual fee.
I always pay my cards the moment a charge posts. No point in carrying debt and risking paying any interest.
I’m in this boat and it kind of sucks. I have a lot of savings after a few decades being a programmer, but my credit history consists of nothing but a few late bill payments over the years - never had a credit card or a house or car loan. To rent an apartment I always had to get my brother or father to co-sign the lease, or else I would just rent a room from somebody (which usually never required a credit check). I can’t get a credit card from a bank or even cards from stores.
On the other hand, it kind of doesn’t suck since I have no debt whatsoever, and I just bought the house I’ll spend the rest of my life in for cash. For the last fifteen years I’ve driven cars I bought for cash on eBay or Autotrader. There were times in my life when if I’d had access to easy credit I would have dug a big hole for myself, and the (very rational) unwillingness of anybody to lend me money saved from financial disaster.
If you’re good with your money, you should at least consider cards with cash back rewards. You can get cards that give you 2% back on everything. BCP will give you 6% on groceries but comes with a $95 annual fee.
I always pay my cards the moment a charge posts. No point in carrying debt and risking paying any interest.
Nicely done, this is not easy to do!
Dude if you didn’t spend most of ur life taking out credit cards and just paying them off to build credit youre a complete moron!
You’re a programmer and this isn’t rocket science. Lol. Talk about failing at life.