I am the poor and have literally never, ever, been in debt. I dont use credit. I dont write checks. I dont take out loans. I work for money, and i buy only what i can afford. Sure that makes me a wage slave, but i still have no debts, im still not on welfare, and i dont subject myself to usury. Someday ill probably have to take a loan in order to buy a home, but im waiting for the collapse and the second civil war to purge the lands and lower home prices.