T’Challa’s Heir
Superstar
It’s all good man. I figured I’d put the source up so people lurking in the thread wouldn’t think I was talking out my ass. These threads can run rampant with bad advice. And that 30% may give some folks a pause.
***Annual whats your credit score thread***
- Thread starter Flu Game502
- Start date
It’s all good man. I figured I’d put the source up so people lurking in the thread wouldn’t think I was talking out my ass. These threads can run rampant with bad advice. And that 30% may give some folks a pause.
As previously stated, you should have a mix of revolving (credit cards) and installment (bank loan, car note) credit.
If an account is in collections, unfortunately paying it off will do nothing for your score.
If you have one late payment with a creditor and have been on time ever since, you could write a "goodwill" letter to see if they'll delete the late payment. If not, the only thing that helps is time.
Pay your bills on time! A single late payment will destroy your score.
Any charge offs, collections, etc in bad standing can get removed after 7 years (usually automatically)
When I bought my first car in 2007 I was in the 400s
so imagine my interest rate.
Now I'm at 787 (Experian, you'll have a different score for each bureau)... can't seem to break 800 (aiming to do it by the end of the year).
If an account is in collections, unfortunately paying it off will do nothing for your score.
If you have one late payment with a creditor and have been on time ever since, you could write a "goodwill" letter to see if they'll delete the late payment. If not, the only thing that helps is time.
Pay your bills on time! A single late payment will destroy your score.
Any charge offs, collections, etc in bad standing can get removed after 7 years (usually automatically)
When I bought my first car in 2007 I was in the 400s
so imagine my interest rate. Now I'm at 787 (Experian, you'll have a different score for each bureau)... can't seem to break 800 (aiming to do it by the end of the year).
Formerly Black Trash
Philosopher, Connoisseur, Future Legend
Last edited:
Formerly Black Trash
Philosopher, Connoisseur, Future Legend
600 on credit karma
660 
779, 791, 766. If I was to show utilization 2, if not all, of them would be 800+.
Formerly Black Trash
Philosopher, Connoisseur, Future Legend
Mordith
H.E.N.R.Y.
Thread full of 
just as I predicted it would be 
just as I predicted it would be get a discover secured card which will match your first years cashback rewards, so if you have $100 after the first 12 months in cashback rewards, they'll give you another $100. it'll help raise your credit score too.
i'd recommend putting $500-$1200 on the card and after 6-12 months they'll give you the money back. never keep a monthly balance.
Flu Game502
All Star
My credit file is still considered thin with 5 open accounts brehs