I fully understand what a credit card means, I just have been away from it all for several years, and these "rent to own" scams have developed since - at least where I came from, they were not around or not of interest. My life went through three phases; It started with "bad credit", then it went to "the best credit you can get", and now it is at "I don't want any credit other than what I have to". I can tell you the most enjoyable times of my life, was when I had paid off all my credit with a consolidation loan from work and my credit was still ruined anyways since I was always late and delenquent. No one would lend me a penny, I had no debits other than the one loan, and I was happy. If my refrigerator broke, Id go talk to the owner of the shop for a new one, and pay him off in a couple months. Eventually, my credit history evaporated (time will clear it) and I was wide open for credit. I kept loans, credit cards, car payments etc. for many years, and built a spotless credit rating. We each are entiltled to our own opinion, my opinion of credit cards, car dealers, and most loan schemes in general, could not get any lower. I know where they are coming from and what they are doing, I've learned this through my life time of dealing with them.
If I wanted to right now, I could start up that credit machine again and work my ass off, begin with the juggling.
But When I retired, I retired from it all - it took me a while, But I believe I have learned to live from within my income (my only "credit card" is really a debit card), but since everything is temporary (happiness too), I figure something like one trip to the hospital by me or any of my family, will send me into a credit hole again.
"Money is the root of all evil" , it really is! too bad we need it to live :(
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