I learned something very interesting years ago when I worked in Real-Estate. It is called "Cash"!
A lady I knew worked at a bank and in short explained to have credit a person need to be in Debit up to their neck. A person who pays cash does not have credit because, being in debit and paying the bills is what establish credit.
Credit and myself are enemies of years gone by. I have nothing to do with credit and in return, credit have nothing to do with me.
I learned to Budget when I worked as an Accountant. Ask a bank about "The Magic of Interest"? Well, I decided I wanted the magic to work for me, not for others to profit off of me.
Buying on credit we insure the prosperity of others and not ourselves. We lose buying power in interest. Everyone should take a simple Business Math course (College Level, or better) to learn this simple math.
Saturday I bought me a 50cc Scooter. I have been wanting one for when I am at the boat to make quick runs to the store, etc. I had saved (Budgeted) money over the years for this and had around $1,000-1,500. I really wanted a deal and waited. Saturday I bought my Scooter for $650 Tax and all brand new at the Store. Cash!!!!
I laughed and told my woman that now I have money left from the Scooter budget to put toward my Sewing Machine for making my own Sails.
Had I bought the scooter on credit last year for $1,500. I would still be paying for it and I doubt I have money to put toward the sewing machine.
In short, by saving my money and paying cash when the "Deal" came along (Instead of buying the first thing for top price on credit). I "Own" my scooter and have cash now toward my sewing machine.
My woman says I am smart.
I say; "No" anyone can learn to be patient and save money.
Do the math of what a Boat would cost you per month on credit. Then save that amount! That simple! Then all that "Magic" go into your pocket instead of the banks'.
Once you break free from the Credit Vacuum. Start the Budgeting. You have an awesome amount of Buying "AND" Bargaining Power.
You be surprised what you can buy when you let Ben Franklin do the talking and not a Loan Originator at the Bank.