3 friends of mine are in fairly serious credit card debt. Fuck credit cards they are demonic (I applied for one recently and was rejected, poor credit rating).
I don't even get this attitude. Having a credit card doesn't make you start bleeding money or something. Sure some people are irresponsible, but you don't have to be. I pay off my full balance every single month. Literally. Had a credit card for well over a decade and I've never had any debt with it.
Agreed. There seems to be a lot of people that share the sentiment, but Credit Cards, when used properly, are awesome. Zero liability Fraud protection, builds your credit rating, free mileage/bonus cash (just saved 40 bucks using my saved up points on amazon last week), and heck some even have free extended warranties if you purchase the product with their card.
Furthermore, building credit is important. If you don't have, getting car loans, mortgages for houses, etc becomes difficult/impossible (depending on how little credit the person has) or just outright expensive due to loan rates being higher.
Couldn't you just get a debit card anyway?
If he has trouble with his bank account being frozen, it won't help. Debit cards also normally don't build your credit. Might be some exceptions, but normally they don't since it's not really credit because you're using your own money.
Just making sure I placed the part in parenthesis about how I applied recently for one with poor results....yeah I did.
Honestly you seem like a pretty responsible guy and it doesn't seem like you would fall into the pitfalls of credit cards that your friends did. That being said, there are credit cards out there specifically for people with no credit/bad credit. The interest rate will probably be 25-29% and your maximum limit probably be 500 (maybe 1k). Put a couple small purchases on it every month and pay off the full balance every month and little by little, your credit will improve.