triffid
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No credit,because you can still get a house and car.No cash?Now thats a problem. |
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jenny_penny_06
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no credit. Because you can easier get credit and if you are smart with it, you will always have good credit. However, bad credit not only will take a long time to become good again but will affect you negatively until its good again. |
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Jenefer R
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no credit because with no credit you can get a small credit card and start credit with horrible credit you can not get credit any where |
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$m¤¤v¥ £¤¢¤
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This could be considered the lesser of 2 evils. "Horrible" credit, means at one point you were able to establish credit at one point in time, and for some reason, that's no longer the case, while "No" credit is that you've never tried to apply for credit. Thanks to secured cards and PRBC the alternative credit bureau, it's a lot easier to establish credit and maintain good credit, that to start over, although thanks to the FCRA and other credit laws, rebuilding horrible credit isn't out of reach either |
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7
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Ima gonna pick no-credit. Thats because its easier to fix. |
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TTC #2 Baby Dust MEEE!
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NO CREDIT!!!!
b/c you can built one since it has no past!
and a horrible credit is terrible to get fixed you have to suffer the high interest for years! and harder to get accepted for any loan
its just a pain to clear up your credit |
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legolas32xx
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I would say no credit becasue there is no history of not paying your accounts or anything negative, it just may be hard to establish it at first, but once you do and maintain it thats good |
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its not my time
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No credit because you can get a secured credit card and establish your credit that way. Horrible credit stays on your credit report for 7 years even if you do pay it off or settle. Its very difficult to get out of debt and fix your credit.
I know some will disagree but I'll take the no credit over horrible credit because at least with no credit you start at zero and get established. Its very easy to get established with good credit within 6 months to a year. |
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Tom
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No credit...with a big but.......
If your young...early 20's with no credit you should be able to establish yourself with no problem.
As you get older say in your 30's and you have no credit, this scares a lot of lenders...it's a big red flag for possible credit fraud. |
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heybulldog
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No credit is better.
No cerdit means that you are responsible with money.
It means that you don't borrow money and worship at the alter of the almighty fico score. It means that you live within your means.
It means that you don't have to bow to the banks.
But most of all. It means your debt free!
You can still get a home mortgage with no credit score. Its called manual underwriting. It's the way home loans were givin' before all the fico score worship. You can get the lowest interest rates going. |
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Rev. Dr.Mysticfogg
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BOTH SUCK WIND!
We have become a society of instant gratification regardless of circumstance and now dependent upon credit. Not to mention the high price(s) and low wages it is a necessary evil.
I still remember the days when if you did not have the cash, you did not buy! A time with stronger work ethic and lower crime, divorce and suicide rate.
Raised to believe if you did not have double the amount of the purchase in savings you did not need it, credit was a luxury. If you establish credit and something happens beyond your control like a disability, medical bills pile up and YES they DO count! {experience} Even if you have established a great rental history you will have difficulty renting an apartment!
Now a necessity as well as an "evil". Why evil?
Look close at our society today vs. 30yrs ago. Credit is one thing but what happened to TRUST?
THE decline of "Western civilization".
BEWARE OF PREDATORY "LENDERS"!
~BLESSINGS~DIVINE LOVE~HEALING LIGHT TO ALL~ |
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