Banking Backlash

"There's a myth that you have to have a credit card to have a credit history, and that's not the case. If you're paying off a car loan regularly, or a student loan regularly, or a mortgage loan regularly, that is also building your credit history."

-- contributor Beth Kobliner

That said, there are limitations to everyday life without credit cards. The Takeaway talked to two listeners without plastic, a move more are willing to consider in the wake of rising fees and interest rates.

Audio: The Takeaway, Hosts John Hockenberry & Celeste Headlee.