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Old 12-09-2011, 05:00 AM
CrystalGreen CrystalGreen is offline
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Join Date: Dec 2011
Posts: 3
Default What Is Worse: Low Credit or No Credit?

What do you guys and gals have to say about this?
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Old 12-09-2011, 09:21 AM
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DavidBibby DavidBibby is offline
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Join Date: Jun 2010
Location: Palm Bay, FL
Posts: 415
Default Re: What Is Worse: Low Credit or No Credit?

It depends on where you are in life.

I prefer to get to the point where I have a 0 Credit Rating, like Dave Ramsey, because I will own my houses and have enough in my investments to live off the interest.

Why on Earth would I need credit ever again?
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Old 12-09-2011, 03:50 PM
littleroc littleroc is offline
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Join Date: Mar 2011
Location: Minnesota
Posts: 334
Default Re: What Is Worse: Low Credit or No Credit?

Actually, technically no credit is better then low credit most everytime because that usually means the person doesn't borrow money and has no debt. whereas someone who has low credit borrows money and has trouble paying it back.
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