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I have indeed heard that those who pay cash for everything (homes and cars included) have worse credit ratings than those who make regular payments on credit cards and other forms of debt.

posted by kidnykid on October 11, 2006 at 11:47 AM | link to this | reply

kidnykid
Establishing a seperate "identity" for credit purposes is a great idea. No credit is often worse than bad in some cases. The big investments, like our home and a car, are in both our names, but Queen V and I maintain seperate accounts and holdings as well, including bank accounts. An unexpected plus is we've never argued about money.  

posted by Talion on October 11, 2006 at 10:17 AM | link to this | reply