>>685561621 knew someone that had a low score, but finally got a stable decent paying job. he would go to a cash advance place, take a loan like 500$. then pay it off after a week. after awhile his credit score got over 700.
me im a poor nigger, but i got a credit card, use it for gas and liqueur, then pay it off at the end of the month, my credit score is 712.
There's always ways to build your credit. How did you get it that bad? Get a 500$ credit card only spend money that you could pull out in cash. Use credit card and pay it off every month. Don't get carried away and build your credit then you can move to bigger things like a car loan
>>685561953 What's 810? You mean a score of 810? I've been listening to Dave almost every night, and I bought The Total Money Makeover.. He would tell me not to get a card, and to have the bank underwrite the loan manually if I want to buy a house... Still though, I want a better score
>>685562136 I have a car loan.. Life was kicking my ass, and I got behind by a month and couldn't catch up. I'm on a payment plan now though, so I should be caught up soon. I also have shit in collections that I don't even know where/who/how to pay... old shit.
>>685564100 this is true, they buy you debt from banks what ever, for a fraction of what you owed. then they harass/lie to no end, to you and your family for you to pay them or you will be arrested and shit. that bullshit. if they say they got cops on the way to your house unless you pay they are lying nigger.
>>685561621 839, not even joking. Its the highest score of anyone i know. My GFs is ridiculous too, its like 810.
I have no college debt, i pay my credit card twice a month instead of once a month, and all my bills have been on autopay since forever. I have a 3 year car loan on a cheap car. Oh, also, ive never given a company, other than banks, my social security number. Electric or gas company wants it? Nope, sorry, dont know what it is or lost my S.S. card. Ill let you know when i find it! Lol. Hope that helps.
>>685564937 ding ding ding. credit score is based off getting a loan and paying it off over time paying interest. the score tell the loaners how good you are at paying interest over a period of time, showing you give them a lot of money.
i wish they made all high school kids take a money management class.
I have the AMEX gold which is ok on rewards and a USAA Amex that is incredible. Every time I turn around I have $100+ to spend with the USAA one no bs rewards program and can be used in $1 increments any time.
The Gold is the only one with an annual fee. $200 isn't shit though. I make hundreds more than that yearly from using it.
I'm also a preferred member with BofA. I have an assigned personal banker, get free Merrill trades and everything. It's great. This is due to a high balance though. I'm sure credit plays a roll too.
>>685564095 Personal: >About 400k on a $850k home >I own another house outright, paid off mortgage 8 or 9 years ago >I own all my vehicles outright >$5-8k in revolving debt (<10% of limit, though) >pay off the entirety of revolving debt monthly >sometimes in short-term debt for investments >personal debt spillover from businesses
Business: >no debt for my first business, web development company >$300k debt for brewery (new business, not even a year old), plus $250k personal loan from myself >I lease two vehicles for the brewery
I have substantial income and loads of collateral. I've never been late on a payment. I've had issues twice, ever, on my report and I disputed the charges and won. And I'm old enough that I have a long credit history.
No one gives a fuck about credit score ratings. They are a gimmick to sell a service to fucktards. Banks take different data from companies like equifax and build their own credit refrencing models. By far the most important thing is whether you have any defaults (bills you didnt pay which. The company recorded on your credit file as non payment) and how many consecutive months you failed to pay. If you missed your mortgage payment two months in a row you could be fucked for years no matter how much money you earn.
I worked for four years travelling with a company installing medical equipment all over the US and sometimes internationally. I was over an entire region for two years.
The past couple weeks I've been unemployed to be honest, but have two offers on the table. One is in transportation and the other one manufacturing. My 5 year vacation didn't last but for one day - when I was offered the first job.
>>685566655 A pic wouldn't help, I live in an good neighborhood in Portland, OR. The houses here don't look like they'd cost what they do, but it's expensive if you want to live anywhere close in. Besides, it's dark and raining, so you wouldn't see shit.
>>685562465 Bullshit theory. I built my credit score to over 700 inside of 6 months from no credit history with one secured card just buying $10 of cock lube per month, and paying it off as soon as the statement posted; no interest.
Limit was raised from $200 to $500 by month 4 or 5.
Now I have credit card spam out the ass in my mailbox.
>>685568716 lmfao, being hand held by others to a spot of glory is nothing to feel accomplished by. hard work, determination to get somewhere, even if it isn't the best, is better/ more satisfactory, than being given a job/life by someone else.
i didn't get a free ride, i had to work, though the mud and shit its more of an accomplishment that being handed a gilded pile of shit.
>>685564507 You can get taken to court but it has to be a serious amount. I've read it takes on average 3k to hire a lawyer for companies so anything under that you're safe. They will call and bullshit you though and talk to family sometimes call your work.
>>685569517 Except none of the numbers match up on yours. And I couldn't have shooped every number involved to make the math work in the <5 minutes it took to capture the image then post. Are you salty or something?
>>685569057 Im gonna pretend this is real for a second and tell you if this is all you have in investments, you shouldnt be in an 850k home. Every one of my coworkers homes are between 400k and 700k (we work in corporate systems software development, like IDM, SSO, finance, HR).
My house is 250k. By the age of 35 you should have double your annual income in savings. By 40, triple. Your savings, if your in that age area, should be well over the equity you have in your home.
>>685561621 792, I started out similar to your situation. You aren't fucked, all the credit companies want is for you to show you can reliably make payments on your debt.
You obviously have some outstanding debt and have missed more than a few payments. Change that and give it about 2 years and your score will go up.
Managing your credit score is a long term goal, if you can't manage your debt then you aren't deserving of credit. Make an effort to fix it now and you can. However, it will take years. Think of your fucked up credit as a place to start making long term goals.
Once you get that down you'll start succeeding at life more
Score is 778, respectively, with 16k in total available credit. Not a ton compared to some. I should ask for a credit line increase but I havent, I don't really need to, 16k is more than I need already to be honest. I'm happy with it.
>>685572761 >>685573918 Oh, if you want to know what gave it away, covered calls dont pay dividends. And warren buffett has never made 15% quarterly. Its like you looked up investment terms on wikipedia. A brewery owner would not be trading complex options either. And you cant buy loaded funds with negligible loads unless youre selling them. Facepalm.jpg
>>685573918 >>685574775 >covered call >covered That means you own the stock you sell options on. If you own the stock when it goes ex, you earn the dividend. That's pretty basic...
>And warren buffett has never made 15% quarterly. 3-5 months, that's about the average on a call for me unless I sell another after the original is expired. And on average, that's what I make per call with dividend. It's not my only strategy, but it's the one that works best for me so it's what I do most.
>A brewery owner would not be trading complex options either. >implying I've been investing for far longer than I've been brewing. Brewing is a newer interest.
I was in the low 600s a year ago. Got a good-paying job last year, several credit cards along with credit line increases (while always using less than 10% of the available), pay off my student loans, and combed through my credit reports to dispute some ancient bogus collections accounts AND I went through and got some old credit card accounts with late payments taken off my record even though it hasn't quite been seven years.
Credit scores top out at 850. The score is important because it will determine not only whether or not you can get a loan but also the terms of a loan. If you want to leave mom's basement and buy a house or get a credit card to rent a car, buy airline tickets, etc., like a normal person, your credit score is important.
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