Is it true that you can't buy a finance or buy a car or home without good credit?

I am trying to stay away from getting credit cards, but everyone tells me that I need to have at least one or two to establish some credit. I have no credit at all. What should I do?

Is it true that you can%26#039;t buy a finance or buy a car or home without good credit?

Easy way to establish credit without a card, get a cell phone. Keep it paid up, no late fees. Fullfill your contract and you will have good credit. You do not need a credit card to establish credit.

If you need a car now, there are many dealers who will finance you thru them. You pay a hefty downpayment, and you make your payments directly to the dealer. Another option is some dealers have different avenues for people with bad/no credit. Unfortunately, having no credit is worse than bad credit. But, you can find dealers who will let you drive off, no money down. Your interest rate can be anywhere between 9% and 23%, depending on your credit score. If you find a dealer who will finance you, the interest rate can be haggled down to a livable amount. The catch- the vehicle has to be a low mileage, late model vehicle.

Is it true that you can%26#039;t buy a finance or buy a car or home without good credit?

Get a credit card and meticulously pay off the entire balance twice a month (it%26#039;s due once a month, but it%26#039;s safer to pay twice to avoid any potential late charges). Credit scores are composed of all of your previous and current loans and how well you paid on them. If you avoid getting any loans, your credit score will show up blank and you will not be qualified for large sized loans. At the same time you%26#039;ll still get dinged each time you pay your normal household bills late, so you would not be doing yourself a favor. Start out small and it will work itself out.

Is it true that you can%26#039;t buy a finance or buy a car or home without good credit?

False, if you look around you can find some place that deals especially with persons who have bad credit.Usually they will charge much higher interest rates.

Is it true that you can%26#039;t buy a finance or buy a car or home without good credit?

You don%26#039;t need good credit score if buy them in CASH :)

However, you can still buy them in credit with HIGHER rate and HIGHER down payment.

So, if you have a good financial management skill, don%26#039;t be scared to have credit cards.

Is it true that you can%26#039;t buy a finance or buy a car or home without good credit?

Depends on your age !! There are cos. that will give you a loan BUT hte interest s SKY HIGH.If you have no credit experience start with a SECURED credit card. Whatever you send in as a deposit will be your limit.Make all your payments on time for a year or so and you%26#039;ll probanly get your money back and a CREDIT INCREASE It will not happen overnite so be patient !! also in most states if you r under 18 you cannot enter into a legal binding contract w/o a co-signer !!Check your states statutes and see !!

Is it true that you can%26#039;t buy a finance or buy a car or home without good credit?

You should get at least one card to restore your credit rating. A good source for consumers that is free is http://www.bad-credit-credit-card-for-pe... it has information for you to help build your credit score and a list of credit card companies that issue credit cards to people with bad to no credit history.