What would have been like if there were no credit cards?

Jump to Last Post 1-11 of 11 discussions (16 posts)
  1. Joms2011 profile image58
    Joms2011posted 8 years ago

    I could hardly imagine how some would have lived with it !?

    1. Sally's Trove profile image77
      Sally's Troveposted 8 years agoin reply to this

      Not so long ago, there were no credit cards, and that's how I grew up. Cash on the line, or if you had to borrow it would be from a bank for a home mortgage or a business loan.

      I remember the first credit card my mother had, in 1960, for a local department store. Then, there was pride in buying on the store's card, and pride in making the payments.

      I remember my first credit card in 1970. Again, for a department store. By then, the credit card industry had become more sophisticated, but, it was no way near what it is today. In a way, these early credit cards served the same purpose as lay-away plans, except that you got to take the merchandise home before you paid for it.

      Credit cards, then, were not like what Visa and MasterCard are today. You had a card for a specific store, with no magnetic strip involved, because there was no such technology. It was more like a personal bill of credit with a local merchant.

      I don't know where you're coming from with this question, but it's a good one.

    2. LeslieAdrienne profile image79
      LeslieAdrienneposted 8 years agoin reply to this

      Just echoing Sally's comment big_smile

  2. kmackey32 profile image69
    kmackey32posted 8 years ago

    I currently dont use credit cards and havnt for years and my bf doesnt believe in credit cards eithor....

  3. Deborah-Diane profile image84
    Deborah-Dianeposted 8 years ago

    Actually, we went for a year without a credit card, and did just fine using our debit cards, only.  It made us consider every purchase carefully.  We have cards, now, but we are very careful with them.

  4. Kangaroo_Jase profile image81
    Kangaroo_Jaseposted 8 years ago

    Have not owned or used one for 7 years and am writing a long and lengthy Hub about it.

    Given the use of most items over time, with general consumption, the public accepts it as the 'norm'.

    What surprises most folk, is how much they save when they no longer use or even own, a credit card.

    1. LeslieAdrienne profile image79
      LeslieAdrienneposted 8 years agoin reply to this

      Absolutely.... it is funny how we become attached to things and begin to think that we must have them,,,,

  5. brimancandy profile image72
    brimancandyposted 8 years ago

    Credit cards are evil. Our government keeps bitching about the debt ceiling, but could give a crap less about how much debt has been created by banks charging their cardholders out the ass for interest rates and fees. They are attempting to do something about it, but, they are giving the card companies time to raise their rates in the process, and will not ask them to lower those rates when the new laws take effect.

    The Government let the credit card industry get too big, and let it get away with too much. I had a few credit cards, and I am now in debt to only one. I won't ever apply for another one. It is just a huge waste of money. They should all be banned. Banks have become very good at socking their customers with fees, and pretty much stealing their money from under them.

    I see us going back to the days of people keeping their money in a safe in the wall, or inside of a mattress. Putting money in the bank just isn't as easy of a decision as it was 40 years ago. The trust is gone.

    1. nayaz1625 profile image70
      nayaz1625posted 8 years ago

      People have been living centuries without credit cards. All the advancement in technology happened before credit cards were used.
      But it is also true to say that credit cards have changed the lives of people. For some they got facilities, others are sinking in debt.

    2. prasetio30 profile image74
      prasetio30posted 8 years ago

      I often use debit card than credit card. I don't want to have a lot of debt and I would rather this was taken from my savings. So, debit card is my choice.

      1. LeslieAdrienne profile image79
        LeslieAdrienneposted 8 years agoin reply to this

        my choice too

    3. profile image0
      Brenda Durhamposted 8 years ago

      People might actually have to live within their means if credit cards weren't so easy to get.  And they'd save on clothing buying because "money" wouldn't burn such big holes in their pockets!

      1. LeslieAdrienne profile image79
        LeslieAdrienneposted 8 years agoin reply to this

        Wonderfully put Brenda...

    4. KiaKitori profile image72
      KiaKitoriposted 8 years ago

      I only started using plastic money (credit/debit/gift cards) less then 10 years ago. Before, I used only cash. I found out that I'm saving more with cards then with cash.
      I know that for majority of people things are the other way around but for me is different. When I have cash in my pocket I have money and I tend to spend it faster. For me No cash equals No money.

    5. apersonalmoney profile image61
      apersonalmoneyposted 8 years ago

      I've 2 credit cards, one visa and one master which I managed well. I use credit card just for the convenience sake and enjoy the card benefits that offered. To me, if the plastic card is no longer exist, life is as usual for me.

    6. Rochelle Frank profile image93
      Rochelle Frankposted 8 years ago

      I also grew up without credit cards. I now use a debit  card, and also use a credit card-- especially when traveling. It is convenient because it is accepted almost anywhere, and you get a detailed record of your spending.
      I never leave a balance; always pay the whole thing each month.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
    ClickscoThis is a data management platform studying reader behavior (Privacy Policy)