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The fact is that the average person needs a Good Credit rating in Most Industrialized Economies. Like The USA, Canada or all of Europe.
With out credit you can't buy that home you want or other things.
The system is kind of loaded against a person without credit.
If I get a loan and buy a house the money I would pay for rent goes into payments and other costs.
If I save money to buy a house, I still have to pay rent to live until that money is saved.
This makes it take much longer, and for most people impossible.
Wiki User
∙ 11y ago
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Can you get a credit card with no limits at 18?
Yes. You must be 18 or older to obtain any sort of credit, whether it be a credit card or loan. Some companies require their customers to be over 21.
If you are 18 with no credit can you get a loan?
There are loans called payday loans that do not require credit and you can be 18 or older. All you need is a job and you can get a cash advance until your next payday, thus the term payday loan.
Do you have to be 18 years or older to call those toll-free numbers to buy stuff on TV?
Yes it says in the commercial. And you need a credit card.
Can a 17 year old have credit debt?
No, Usually credit is extended to an individual 18 years or older.
How old do you have to be to get a credit card and why?
18 years older or 21 years older. It depends what your parents think i reconmand 18years older. That's when your a adult
Is good credit required to get a quitclaim deed transfer?
You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.You don't need good credit to be the grantee in a quitclaim deed but you do need good credit to borrow money to buy the property.
The older you are the more sleep you need or is it the younger you are the more sleep you need?
older
Do you need a credit card to get an Amazon account?
To acess your Amazon account you do not need a credit card. To purchase anything on Amazon you then need a credit card.
Need to get a reepo off my credit report?
i need to get a repossession off my credit report
Do you need a creditcard to go to the android market?
You do not need a credit card to go to the android market. You do need need a credit card if you want to buy paid apps. You do not need a credit card for free apps.
Who need more fiber babies or older people?
Older people need 31 grams a day. So it is older people.
How does one obtain credit?
Capitol One has pre-approved credit cards for those who's credit rating may need improvement, or those who need to establish credit and build a credit history.
