Building a good credit history is important if you want to get a job, buy a house, buy a car, get a good insurance rate, among other things. A good credit score doesn't just happen. Using credit wisely is the only way to raise your credit score. Do you need a credit card to do it? That's precisely the question posed in the Credit / Debt forums by 'radhakrishnan.k'.
Few days back i had a discussion with my friend about this, he was telling me that if we dont keep a credit card, our credit history will not be good.Visit the forum to see my answer and to answer based on your own experiences. If you've managed to build a good credit history without using credit cards, we'd especially like to hear from you.
Do we need to use a credit card to get good credit history?