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No credit is, in some ways, as bad or worse than having bad credit. Generally speaking, owing money to someone else is not a desirable position to be in. The one exception to this may be a mortgage, which carries with it certain tax benefits. So even though you may not want to carry debt, there will inevitably come a time in your life when you will want or need to apply for credit cards or personal loans. It is important before you get to that point to have built a credit report that shows a track record of responsible bill paying and employment. This can be one of your best financial assets.
Want some personal loans advice? Apply for a low-interest rate credit card. Use the card regularly, but pay the balance off immediately. Once you've proven you can handle a credit card, apply for a small personal loan and pay it according to the terms of the agreement. If you do this over time, you will show future potential lenders that you are a good risk and that you know how to manage your money. When you need an auto loan or a mortgage, you will qualify for better terms, which will save you a bundle in the long run.