A word from a not so wise person to the wiser person. Ya know one of the big things for many many people is their credit. As in their credit report rating. People everywhere dont want their credit pulled. Oh it will hurt my credit rating. No, I have worked hard at that and I dont want to hurt it, etc, etc... They are right and wrong all at the same time. If you pull it more than 4 times a year it will drop your credit rating. Well, that is just what I have heard. So here is what I learned from a real experience. When you get old and are more financially stable and only use cash. It is a good idea to have some type of credit card open. Here is the reason why: I guess after 10 years of something being on your credit it goes away from your report. So with that being said, If you are 60 years old and have paid everything off and have been using cash for... 15 years and you decide to buy a car. You will need a co-signer due to lack of credit history. Crazy huh! So always try and keep something open so you dont have to worry about you credit rating going going gone...
