Credit cards are convenient. However, they are a major rip off when it comes to their ridiculous high interest rates. And the slick methods used to calculate that interest. Its great to see young people steering clear of the credit card trap. Good for them! If a person pays their rent, utilities, insurance and student debts regularly that should be record enough to establish good credit. Why should banks distributing obvious usury fee plastic $ and student loans  be the only justification factored into credit worthiness? Greed and its relentless quest of the power to control the common folk.