Why do the credit bureaus mark your credit down if you dont want a credit card or a mortgage?

I chose to not ever get a credit card- i figure if i cant pay for it at that time i dont need it which seemed like a good idea seeing as though lots of folks go into debt over those things. With the new law it looks like my credit score will go down because of that. Why does everyone feel you need one? I am actually in the process of trying to buy a home- i have decent credit but one of the things they said was that i never had a credit card. I have a car loan which is paid on time and most of the bills are as well- i care because i dont want to have to get a card if I dont really need it. It shouldnt be a requirement to get a credit card. Most people can pay their bills without. They get in trouble when they depend on it. While i know i can get one, i probably would never use it, which would be the same as not having one. So what can i do to show the lenders i am worthy BESIDES getting a card? I pay the bills, but dont want the card nonsense.

Public Comments

1. If you don't want credit, why would you care about your credit score?
2. I don't mean to sound nasty, but I think you answered your own question. FICO has always used types of credit used to calculate scores, the only thing that will change is the percentage that is used and no one knows that yet. There is nothing wrong with credit cards as long as people use them responsibly which means using them for every day things, never exceeding 30% of your credit limit in any given month and paying them off in full before the due date. I have 3 that I use every month, never pay a cent in interest and actually earn money back form 2 of them every year.
3. In order to get a credit rating/score, you have to show that you are a good credit risk; you need to show evidence of incurring debt and paying it off in a timely manner.
4. Having a credit card and keeping up with the payments proves that you can handle having credit. If you don't ever have one, the credit bureaus can't judge what kind of credit risk you are. So you might be someone who will pay their debts on time, or you might just default on them. That's why it affects your score.
5. If you don't want credit, then why does it matter? You are one of the smart people who have figured out that you should pay cash for everything. However, one day you may have a mortgage or want a car and you will need credit to have these at a good rate. Would you give someone money that has never taken out a loan before? Kinda sketchy. The real test would be for you to have credit cards, etc and keep the balances low and/or paid off. Besides, if you are used to paying cash, why not get a credit card that works for you, such as airline miles and use it for everything throughout the month and then pay it off each month?
6. your credit score just does not exist that's all, it cannot go down because you have no credit, it is zero right now; you have to build your score by using credit wisely in order to prove of your creditworthiness; banks are businesses and they don't really want to give money to people who never pay back; to be able to tell which people are dilligent about their payments credit score system is in place honestly, if we did not have a credit system then banks would charge much higher interst rates in order to recover from bad apples credit score helps businesses and consciencious people (they get lower interst rates and etc.) it was not smart of you think that way, you should get a credit card, never charge more than 50% of the limit and always pay back, even if you have the cash!