Is there an option to have no credit cards?

Many people think that credit cards cause a lot more problems than fixing anything. A common conclusion that people derive to is that credit cards are not necessary in order to lead a successful life. This is partly true, but you need to know what you might stand to lose when you decide not to go in for credit cards. Depending on whether or not this is a scenario that you like, you can decide on what you might possibly want to do next. Hence, this is something that you might want to look into and seriously consider only if you feel there is no other option out. Firstly, when you decide to go ahead with no credit cards, you give up a big opportunity of being able to build your credit records. This can be quite damaging, depending primarily on how important it might be for you to build your credit record. For those with a poor credit score, this might probably be something that they might want to seriously consider. Hence, you might have to substitute the credit card with some other option to build your credit records and get a better score overall. Next, with no credit cards, you automatically give up your ability of being able to afford pretty much anything that you might have set your sights on. You should know be restricted to only picking up the options that you might be able to afford. As one might imagine, this is definitely not something that can be considered to be particularly pleasing. In most cases, you might miss out on this when it comes to purchasing electronics or even financing a car. The credit card does come in handy in such situations, when you need money upfront but don`t have it in your bank account. Lastly, with no credit cards, you might not be able to rent cars or purchase something online, all of which prefer to have credit cards. The lack of plastic money can be considered as a reasonably big handicap today and essentially is a roadblock of sorts for many people. Hence, this is something that you would want to carefully think about. The repercussions of not having a credit card are quite far reaching. Therefore, weighing all your options and concluding based on what you obtain is definitely considered as the option to go in for and possibly end up selecting in the long run.