Hey, I was wondering if someone needs credit to buy things. People in my family have said I wouldn’t be able to buy a car or a house without credit. But if I’m saving up cash to pay for things outright, do I really need credit?
Note: I’m sorry if this is the wrong place to ask.
And the cost of buying a house could continue to skyrocket the entire time. In 30 years that could be a nice down payment, but you’ll want good credit, too.