Credit Card Discussion Thread
- Thread starter Blackout
- Start date
Car dealership told me my credit score a 660 but on those free credit reports its 730...who do I believe
Blackout
just your usual nerdy brotha
Well damn
If they are waving the first year fee it's a no brainer.
If not, you're going to have to weigh the pros and cons.
I'll tell you one thing, I'll never look at a airport layovers the same way again with lounge access.
If you're more about stacking points and they don't want to wave the fee...the Gold might be a better fit. had it for 3 years.
I got about 5 or 6 simply because there was a good 2 years I got addicted to trying to get my debt to credit ratio up. lol
two of those cards (both Capital One) got 1000+ balances on them because I nearly lost my left eye twice... once for each of those years and wound up putting all the medical expenses on them.
I just got an AMEX in the mail, but I'm only going to use it to try the 3x Credit Limit Increase next month.
two of those cards (both Capital One) got 1000+ balances on them because I nearly lost my left eye twice... once for each of those years and wound up putting all the medical expenses on them.
I just got an AMEX in the mail, but I'm only going to use it to try the 3x Credit Limit Increase next month.
I have about 8 I think. Only 2 have a balance tho. (One was got furniture) both interest free.
Damn, power level Over 9000 here.
Yeah the only reason I ask for a CLI is to lower my credit utilization. I'm not trying to spend beyond my means. Though I did a bit when traveling by accident but I have an AMEX Corporate for work for work stuff and for all my personal the Chase Cards now.
I was tempted to get a Chase Freedom Unlimited the same day I applied for a CSP because it was already a hard pull. The APR I have on my Chase Freedom is the highest (this was because I didn't have established credit). I asked to get it lowered but they won't
I have Wells Fargo, AMEX, and Discover giving me low APRs in the 12-14% range but then again the goal is to pay it off every month.
You ever set up a Health Savings Account or a FSA for unexpected medical expenses? Glad you're alright man.
I only have a 300 dollars capital one card
Sign up to Credit Karma / Credit Sesame / Quizzle and monitor your sh*t.
Field Marshall Bradley
Veteran
Car dealership told me my credit score a 660 but on those free credit reports its 730...who do I believe
Credit is scored differently for auto loans
Just got an update on Credit Karma due to my HP from Chase.
Credit Utilization isn't reported right. That's from early April when I was buying a lot of crap for my home. Plus it thinks my CL is at $9800 but now it's around $35,000.
4 Hard Pulls as you can see. Two from Chase over the past year or so. It dropped my TransUnion score down 7 points temporarily. My oldest HP should fall off in about two months.
Still my TransUnion and Equifax scores are showing as 750/770 right now. When that higher credit limit hits it should increase both of them by 10-15 points.
Credit Utilization isn't reported right. That's from early April when I was buying a lot of crap for my home. Plus it thinks my CL is at $9800 but now it's around $35,000.
4 Hard Pulls as you can see. Two from Chase over the past year or so. It dropped my TransUnion score down 7 points temporarily. My oldest HP should fall off in about two months.
Still my TransUnion and Equifax scores are showing as 750/770 right now. When that higher credit limit hits it should increase both of them by 10-15 points.
Car dealership told me my credit score a 660 but on those free credit reports its 730...who do I believe
Auto-enhanced score. Have you ever had a car loan? Or maybe a late payment on a car loan?
Never having a car loan or being late on one might drop your auto-enhanced.
The auto-enhanced model was actually created to HELP those with weak scores who have made timely payments on cars in the past.
I believe it's @LeVraiPapi that has an excellent thread on credit and credit repair. I should have it saved in my favorites somewhere. Anyways my credit score around the same. Around 760. It's improved a lot over the past few years. I don't have much credit, maybe like 7k total but my income isn't very high so I don't get credit limit increases much. I think my balance over two cards is like 600 right now. Which I gotta pay off within these next two checks. I do need to see if I get the score up to 800 so I can get a mortgage. Also gives me time to save a bit more for a down payment. I been trying to use my debit card more lately Atleast until I pay off one of the cards. Right now I got two capital ones, one that I use regularly, one paid off and stored away. And a Chase card from Amazon, which I gotta pay off the balance and start using so I can keep getting my Amazon points. Plus a best buy card but I rarely shop there.
Credit is one of the most important lessons they should teach young people. I made a mistake of getting too many cards and not paying all the time. At one point I had nearly 15k in debt and a bunch of cards with barely much more than that in income. Luckily I got focused and now am in a better position. But I think about how I could've been way more ahead if I hadn't messed up my credit in my younger days. Kids these days worried about the number of social media followers they have when they should be worried about the number on their credit score.
Credit is one of the most important lessons they should teach young people. I made a mistake of getting too many cards and not paying all the time. At one point I had nearly 15k in debt and a bunch of cards with barely much more than that in income. Luckily I got focused and now am in a better position. But I think about how I could've been way more ahead if I hadn't messed up my credit in my younger days. Kids these days worried about the number of social media followers they have when they should be worried about the number on their credit score.
I got a bunch of closed cards on my credit report. Some or maybe all with negative inquiries or whatever the word is. So I'm hoping my score goes up when they start getting removed from my report.