Opinions on debt-maintain credit score
Discussion
After being in debt for all of my adult life, I'm now reaching a point where the only money I owe will be the mortgage.
No credit cards, no loans, no nothing (well, apart from the house..)
I've managed to have and maintain a pretty good credit score, but I've also read quite a bit regarding needing to have outstanding credit lines in order to maintain this score? Would it be best to use a day to day credit card which is paid off at the end of the month or will a mortgage be suffice?
I'd rather just use cash and my debit card for standard purchases, but I do want to be able to take out credit in the future if need be..
No credit cards, no loans, no nothing (well, apart from the house..)
I've managed to have and maintain a pretty good credit score, but I've also read quite a bit regarding needing to have outstanding credit lines in order to maintain this score? Would it be best to use a day to day credit card which is paid off at the end of the month or will a mortgage be suffice?
I'd rather just use cash and my debit card for standard purchases, but I do want to be able to take out credit in the future if need be..
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