I have to vehemently disagree with those that say credit is a tool. The *only* thing your credit rating is good for, is to tell a new lending institution that you've been paying your bills, and therefore are likely to pay your new bill(s) to them. These commercials that show the Visa card being swiped, and then someone comes along trying to use cash and "holds up" everyone else? Pay attention, folks: This is the kind of "convenience" marketing that prepares us mentally for things we wouldn't normally stand for. You shouldn't use a credit card if you're not going to pay it off at the end of the month? Then why don't you just wait for the paycheck, and pay cash? Yes, there are things most of us will have to take a loan for, like houses and cars. But a new pair of jeans? Why would you even consider using a credit card for that? If you just like the feel of using plastic, then get a debit card. I'm just so totally against credit cards these days, and the mindset they put us into.