can't you just change the credit card associated with the account, so they can't extract their monthly pound of flesh? what's the worst they can do, send it to a collections agency?
You sound like someone who's never dealt with a blackspot on their credit history (as an aside, never leave bills in your name when you move out, trusting your ex-housemates not to be douchebags).
It's not about not being able to borrow, it's about companies refusing to accept your business because you're a "risk", even when you offer to pay out the entire contract up front to show you're good for the money. It's a fucking pain in the ass
So, in the strange little world you inhabit, only fabulously wealthy people eschew credit cards and don't spend their life worrying about their credit score? What a terrible place that must be.
And what kind of crap-ass site would ban someone for the three (out of five) comments I've made today which have been downvoted?
Your credit report is pulled when you move and open new utility accounts, when you apply for cell phone service, by your landlord before renting you a home, in some types of background checks, and many other situations that have nothing to do with being extended a line of credit.
False equivalency, eschewing credit cards is different than not paying them.
If you make enough comments that are bad enough then your account is likely to be banned. If that's your goal then at some point along the way you'll be only three comments in.
(I am not remarking on the quality of your other comments; I have not read them.)
I can think of many other explanations. For instance, someone who does not plan on living in the U.S. for the rest of his or her life could say something like that. Someone who makes what every engineer in SV makes and therefor does not need credit at all could say something like that.
Personally, I think it's a terrible idea. It's a much better plan to work together a couple decades of good borrowing history without paying much interest and then get unsecured loans totaling hundreds of thousands of dollars and cash out.
