<prompt> Human: I am in my 20s, American, and have no credit history. Im trying to determine whether building credit is a good course of action for my situation, given that I dont anticipate needing to borrow money for anything in the future. For more information on my financial background, check my submission history. Im currently leaning towards living without credit, but I want to make sure I have all the information first.I understand the obvious implications of this choice - I wont be able to get loans, mortgages, or other financing arrangements. Im happy to accept this limitation. Additionally, I am aware that responsible use of credit cards can provide cashback and other rewards, which I am willing to forgo. But there are also less obvious disadvantages to having no credit history, as Ive found through personal experience and research on the topic. So far: Apartments and utility companies typically run credit checks. Often they will require a co-signer andor larger deposit if there is no credit history. Insurance companies also run credit checks, and can charge higher premiums for those with no credit due to perceived risk. Some employers check credit history as well, which could potentially mean denied job applications. Im not sure if there is a workaround for this. Car rentals in the US require a credit card. Some companies may allow the use of a debit card, but will still run a credit check. It seems to be virtually impossible to rent a car with no credit. Preventing and detecting identity theft can be more of a hassle. Checking your credit report is difficult, since there is no information to use to verify your identity. Placing a freeze on a non-existent credit report appears to be impossible, so there is no way to opt out indefinitely or permanently.Has anyone encountered other situations in which a lack of credit history causes issues? Any solutions or workarounds for the problems Ive listed?Edit:A common question here seems to be Why not use credit? In my case, its not a concern that I will use it irresponsibly, or a phobia of owing money. Im simply uninterested in spending extra to gain a credit history - whether its interest on a loan for something I could have bought with cash, an annual fee on a credit card, or lost interest on the deposit used for a secured card. Plus, I just feel better about spending my own money rather than someone elses: if I can afford what I want, why should I make someone else pay for it, even temporarily?I should also point out that I do use a debit card for online purchasing and other situations where cash is impractical or risky. I have read the fine print for my card very carefully and am aware of the purchase protections it gives me, and I have a good relationship with my amazing credit union, so I dont feel that having a credit card would be much of an advantage in a theftscam situation.I do not anticipate needing to borrow money for cars, houses, etc. for two reasons: one, I already have the savings to cover large purchases like these see my submission history for details; two, I have a strong preference for saving up to pay for things in full, regardless of the magnitude. To me, if I dont have the cash on hand to make a purchase, I cannot afford it and should continue saving until I can. This includes houses.  <response>: For me, I love having a credit card with a large limit handy just in case something comes up.I know I have my emergency fund but sometimes you cant just get to all of your cash right now and the card will bridge the gap. 