From Cash Money Life:

It's true that the fastest way to build credit is to use a credit card. However, many people prefer not to use credit cards. Even if you don't want to use credit cards, though your credit score is important. Mortgages and car loans require that you have good credit if you want the best rates.

On top of that, there are a number of other financial service providers that want to know your credit score. Satellite and cable TV providers often ask to run your credit to determine whether or not you need to provide a security deposit. Insurers often check your credit to determine your premiums. While employers aren't supposed to check your credit score, they can check your report.

You want your credit report to show your finances in the best light, and you want your credit score to reflect your good habits as well. But if you don't use credit cards, how can you build a credit history that speaks well of you?

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More on credit and credit cards:

Four of the best "no fee" credit cards available now

Dr. Eifrig: Two free and easy ways to keep track of your credit

Eight tips for closing credit cards with little damage to your credit score