I grew up poor -- dirt poor. Parents never even had a credit card. And "second mortgage" was a term that was like a death sentence.
HOWEVER -- When I got married, I agreed with my wife to get only one credit card, because we realized that in order to get a mortgage, we needed a good credit rating. I told her that we had to pay our bills on time and NEVER to exceed our limit. We have, over the last 48 years, paid our bills on time, and as a result have a high score (higher than the villages by a long shot).
OH..BTW, we get enough points to fly for free when we go on vacation.
The key is to pay your balance monthly and avoid the interest charge.
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