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Well to help establish a balanced credit history credits card are a necessary evil.OSUdoc08 said:I've never had a credit card, so I never thought about using it to my advantage. I don't think it will affect my life significantly, either way.
Oh and credit reports do NOT state if you are employed or unemployed. They try to keep up with employers. Usually when applying for a credit card they will only ask you for your annual income, not necessarily your employers information. This also depends on the creditor.
Please remember that alot of these cards are capped so you can only get $X amount back (like with cash/rewards) a year. Or have various restrictions. Some like discover tout that they have 2% cash back but you have to have spent either $10-$15,000 on your card to get that 2% back. Read the fine print CAREFULLY! There is a site that was posted that gives all this information. I'll see if I can find it.