Wow! What an amazing house! I wish I could buy it, but I don't have that much money on hand!
If you don't have the funds for it, how about taking out a mortgage?
Woah! It's the mystical Credit Fairy!
A mortgage? But then I'd have to pay interest on that money.
True, but if you pay that interest back on time, it will help you build up your credit score.
Right, credit score. How do I figure out my credit score?
You must be given a free credit report every twelve months because of the Fair Credit Reporting Act, however, as I am the Credit Fairy, I have the power to know all credit scores. Your score is... 628.
Is that good?
....Not exactly. Your score isn't terrible, but it could definitely use improving. With your score, you will probably face higher interest rates on your loans, and might have to put down more as a down payment.
Doesn't sound too bad. All right, I've decided to use credit!
Good! But make sure you be responsible with your credit. Make sure to pay your bills on time, and don't spend all of the money available to you. And remember, the more debt you have, the lower your net worth, so be careful!