Some live without credit cards -- could you?

How and why 25 percent of Americans live a cash-only life

Is there life without credit cards? And if so, is it worth living? In
today's instant gratification world, the thought of forgoing credit
cards in favor of a cash-only lifestyle seems as foreign as mailing a
handwritten letter through the post office: We know some people do it,
but it's hard to understand why. Yet there are those who have
declared, "Enough is enough!" and dedicated themselves to lives sans
credit cards.

According to the Fair Isaac Corp., creator of the popular FICO credit
scoring model, about 20 to 25 million people in the United States do
not have any credit. An additional 30 to 35 million U.S. residents
have a minimal amount of credit history, according to Fair Isaac
statistics. These figures mean that approximately one in five people
Americans do not have access to traditional credit.


http://www.creditcards.com/credit-ca...cards-1267.php
Read full article: Some live without credit cards -- could you?


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