Some have been asking if it can be done, especially for those getting out of college, looking to rent, getting married, and/or looking to purchase their first home. Here are some resources that the folks at Financial Peace University directed me to, along with some resources I found in my own research.
nickclements/2015/04/21/5- reasons-new-lenders-are- ignoring-fico-credit-scores/# 5dbfd36c6884
personal-finance/articles/ 2012/07/09/how-to-rent-an- apartment-with-low-or-no- credit
A few things that stand out to me…
1. Going FICO ‘free’ will not be as ‘easy’ as having a good FICO score. However, getting a good FICO score also means you have to acquire debt of some sort. Even if it’s a gas or store credit card that you commit to paying off every month … it comes with temptation and why walk the line if you don’t have to.
2. If we just put the same effort into staying FICO ‘free’ as it took some of us to get out of debt we’d be better off in the long run.
I hope these resources help:)