Amays U G37S wrote:Big purchases look better on your credit. A credit card does nothing for it. Credit makes a difference between making it and not.
I'm sure Rev had good reasons to that term.
It best if you can purchase high and pay off. Even weathly a** people finance everything lol.
Wealthy-a** people certainly don't finance everything. They pay cash for poor, depreciating investments, and save their ability to leverage and finance on things that will make them money.
Oh, and as I've stated profusely before, it's easy to be successful without "credit."
So, a 5 year long on a broken-a** car...yikes. But hey, paying it off early made that hit less worse.