I am going to add your blog to my list!

How many people do you know that have used credit successfully? I know zero. Everyone gets in debt and it leads to financial trouble. You simply won’t win with debt. Ask any rich person, guarantee they won’t say they got there by using credit cards.

I’m going to disagree that life insurance agents check your credit and prevent you from taking out a policy. Dave Ramsey hasn’t used credit in 20 years and he has life insurance – quite a bit of it.

Employers run your credit to look for negative marks – bankruptcy, non payment of bills, foreclosures, etc. If you simply don’t use credit, that can’t hurt you. If a job still requires you have a high score, go elsewhere are they are stupid to base your work skills on a FICO score.

For someone that hasn’t used credit in seven years, I am more than shocked that you still think you need it. You have survived just fine the past years right? heh

And, you can still get a house without credit. In your case, where you have nothing at all on your record, it’s very easy. Simply find a lender that does manual underwriting. That is, the process where a lender looks at your finances, your job status, checks to see if you pay your bills on time, etc. Basically, how things use to be done before the FICO score. Basing everything on a score is so foolish. You could have a very high score and get approved for a loan you couldn’t come close to paying. It happens every day.

Hope I am not coming off as a jerk, it’s just fascinating to me and I don’t want to see anyone make a giant mistake after such great success.

@Shawn – I agree with you, the credit score does not determine the person. However, I feel that for my future goals and financial stability I will need to have a good credit score. With all that has been going on, I would or might I should say, need to fall back on my credit.
I enjoy not having to worry about the bills. I do not rent movies because I do not like to borrow and have the liability. This is not the time in my life I want to just ignore it and let be. Anything I can do to help imporve myself I am all for.
From the research I have done, I do need to fight some items that appear on my credit report and I want to know that in the event I needed to step in to help my husband with a line of credit or a co-sign I could do so. Would I not really, only if a dire situation arose.
Now, even life insurance policies are checking your credit history. I know that employers will check your credit. I have many reasons to why I would want it to be cleared up now.
And of course I want to purchase my own home. Thanks for the questions, it really helps me think.

I quit using credit back in March, took all of my credit cards, put them in an envelope, sealed them and vowed to never use credit again in my life. Does that make me a bad person?

Everyone’s infatuation with credit is very scary. You said you haven’t used credit or bought anything in your name in seven years. Congrats, so…. Why start now?

Why not continue to pay everything with cash?

Then get a secured credit card and use that for your purchases. In this case it will work like your debit card since you must have the money in the account to make purchases.

That should help.

Transfer one of the bills to your name from your husband as well. Electric bill is good for that type of thing. Just make sure you always pay it on time.