Credit and Credit Scores: A short lesson

[jman220]

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Who gives a crap about your credit score? Pay cash for all, live without debt, and you're set. This is one of the craziest thongs out there. Being concerned about your credit score so you can be in debt forever.

Anyone heard of Dave Ramsey?

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For most of us, we need a good credit score to get good home loans, car loans

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Why not buy a car with cash? Why not live within your means and save up? why make monthly payments on something that does nothing but lose value?

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Now you're just trolling.

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I dont mean to. But, these people are talking like they need to get a car loan. Yeah, you need credit if you plan on buying everything you own on installment plans, but please explain why it makes sense to buy a car with credit?

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Because the utility value of money decreases over time?