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This is true but when an important purchase comes up it'll probably be at a higher APR from the lack of established credit.In 2021 there's a ton of other ways to establish credit outside of a credit card.
Did only have a debit card have you paying higher interest rates when you did take out loans?For you younger guys yea establishing credit is good. However I have had just a debit card for past 20yrs and have a credit score of 800. I'm 42 btw