Banks were unwilling to lend money to people without credit histories or proof of permanent residence.
The poor are disproportionately at risk, since people without credit cards are more likely to carry cash.
His latest venture, called PayNearMe, lets consumers without credit cards make electronic purchases using cash at their nearby 7-Eleven.
Without credit (mostly for things like groceries when another expense arises), they rely on pawn shops and payday loans.
These stored value cards give kids without credit cards a way to buy the in-game virtual currencies with real money.
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But even without credit, courses can serve as an introduction to a subject, supplement coursework or help with job retraining.
Without credit in your own name, you could also be unable to obtain loans or credit cards to manage living expenses.
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But as lending markets have retreated, borrowers have been stranded without credit and savers have seen their pensions and investments melt away.
Clothes, same way: without credit, you'd wear your big brothers' stuff forever.
Without credit it can be near impossible to obtain loans for any purpose, or even to manage the expenses of running your household.
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Like much infrastructure, people use it pretty much as they please without credit to those who built it or respect for the rest of us.
As finance shrinks, credit will be sucked out of the economy and without credit, people cannot buy houses, run businesses or as easily invest in the future.
It is hard to see how anybody is going to get any credit in this country in the foreseeable future, and an economy without credit is an economy that cannot do very much at all.
Their immediate dilemma is how to sustain recovery without inflating credit and asset-price bubbles.
What abut foreign nationals in the U.S.? They are often treated like young people without any credit.
It is possible to rent an apartment without a credit history, but your options may be somewhat limited.
Take a moment to imagine going through your day without good credit.
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Of course, what modern catastrophe is complete without a credit ratings debacle?
Mr. Bagli's strength is in crunching numbers, and he makes clear that even without a credit collapse Mr. Speyer would have come up short.
And young consumers without much credit history may be vulnerable, too.
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To get a foretaste of what is to come, try hiring a car or booking a room at a top hotel without a credit card.
But even without the credit card, she occasionally runs into trouble.
Von Hoene says that wind power generation will continue to grow even without the credit, adding that his company still supports tax credits for other types of renewable generation that have not yet matured.
Regulators had focused on firms' ability to operate without unsecured credit for as much as one year, and it was basically assumed that secured credit would always be available, even if at higher rates--a focus that was, in retrospect, inadequate to handle a crisis, Cox said.
But that access to credit is access to the American dream because without access to credit, you can't participate in our economy.
Taxpayers already bear the default risk on these loans, which are made without regard to credit history.
Like Treasury securities, issues without the pristine credit quality of Uncle Sam have also notched stock market-beating total returns.
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Think about someone taking a photograph and using it as part of a larger work without giving any credit.
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