Some live without credit cards -- could you?

How and why 25 percent of Americans live a cash-only life

Is there life without credit cards? And if so, is it worth living? In today's instant gratification world, the thought of forgoing credit cards in favor of a cash-only lifestyle seems as foreign as mailing a handwritten letter through the post office: We know some people do it, but it's hard to understand why. Yet there are those who have declared, "Enough is enough!" and dedicated themselves to lives sans credit cards.

According to the Fair Isaac Corp., creator of the popular FICO credit scoring model, about 20 to 25 million people in the United States do not have any credit. An additional 30 to 35 million U.S. residents have a minimal amount of credit history, according to Fair Isaac statistics. These figures mean that approximately one in five people Americans do not have access to traditional credit.

Read full article: Some live without credit cards -- could you?

Credit Card Resources:

1. Good Credit Credit Cards
2. Bad Credit Credit Cards
3. Business Credit Cards
4. Student Credit Cards
5. Guaranteed Approval Credit Cards
6. Reward Credit Cards

.