I was waiting for someone to say they use Brigit - was about to sign up but seen that they have a $15/month subscription fee & $1/month credit building option which is more then fine. HOWEVER, right when I’m about to sign up the fine print confuses saying “you are going to pay $25/month & ultimately $600 over the 24 month loan” which is 100% not what they’re saying originally - what has been your experience? How much have they pulled from you cost wise?
@@ProwRocketI wouldn’t get Varo believe card, I have it, I even have the checking account as my main for the $500 advance and early paychecks but upon using the Varo believe my score went down like 30 points since you don’t have a credit limit and thus in your credit report it will show you’re using 100% utilization.
I’d steer Completely Clear of Kikoff, Reason Being It only reports to 2/3 credit bureaus depending on what combination you have, & already doesnt report to Trans
kikoff is the only service that gives you a free loan without any fees ($10 a month that you get back after 12 months), $5 a month for a $750 revolving credit line, and a free cash-credit card that you only need to deposit $50 to have them report to the credit bureaus. So you can essentially have 3 open accounts for $5 a month (because you get refunded the $10 back), plus $50 deposit that you can use immediately on your cash card. Only down side like you said is the first 2 accounts only report to 2/3 credit bureaus, but the cash card reports to all 3. Still a fantastic deal considering the other options. If you just open the loan & cash-credit card, then its absolutely free.
Hey guys, I had the credit strong account I'm about to cancel it. I was putting fifteen dollars a month in that account and I asked them aferr a year what was my saving balance they told me 37 dollars because there's interest that was after a year of paying fifteen dollars per month do the math 😂 needless to say there gone from my credit building
I was waiting for someone to say they use Brigit - was about to sign up but seen that they have a $15/month subscription fee & $1/month credit building option which is more then fine. HOWEVER, right when I’m about to sign up the fine print confuses saying “you are going to pay $25/month & ultimately $600 over the 24 month loan” which is 100% not what they’re saying originally - what has been your experience? How much have they pulled from you cost wise?
Still don’t get the logic of borrowing against your car (which gets most people to their place of employment) to eat at red lobster or buy a TV. You default, they take your main way of earning income.
The idea is to pull equity out you use how ever you wish. In turn this will build credit. Of course just like any credit card you should be paying on time to avoid interest and fees. It's like a HELOC for a house.
Hey Brian, fix credit takes time, but a hacky way to do it with multiple trade lines, if you use two or three tools that Naam suggest here, you will boost your credit faster than just using one. I use Cheese and StellarFi together and it works for me, getting score increase almost every month.
LINKS MENTIONED:
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⮕ Kovo 👉🏾 bit.ly/3mPfsn4
⮕ Yendo 👉🏾bit.ly/3WtFWqL
⮕ EXTRA 👉🏾bit.ly/3zoI8q1
⮕ Kikoff 👉🏾 bit.ly/3H9EGRm
⮕ StellarFi 👉🏾 bit.ly/3V7jYbT
⮕ Credit Strong 👉🏾 bit.ly/2ZRmCIu
Ava, Brigit, Cred AI, Grow Credit, Kickoff, Varo Believe card, Extra, are what i use.
Do you stack all those as in use them at the same time to build credit?
I was waiting for someone to say they use Brigit - was about to sign up but seen that they have a $15/month subscription fee & $1/month credit building option which is more then fine. HOWEVER, right when I’m about to sign up the fine print confuses saying “you are going to pay $25/month & ultimately $600 over the 24 month loan” which is 100% not what they’re saying originally - what has been your experience? How much have they pulled from you cost wise?
@@ProwRocketI wouldn’t get Varo believe card, I have it, I even have the checking account as my main for the $500 advance and early paychecks but upon using the Varo believe my score went down like 30 points since you don’t have a credit limit and thus in your credit report it will show you’re using 100% utilization.
First one here. This is the first time I am hearing abiut cheese credit builder.
I’d steer Completely Clear of Kikoff, Reason Being It only reports to 2/3 credit bureaus depending on what combination you have, & already doesnt report to Trans
What’s wierd is mine doesn’t report to equifax but it does report to trans and exp.
Kikoff helped me build my credit. 🙃 I just finished a year with them. 🤷🏽♀️
You right it help me gained 72+ points but only report to equifax and Experian I wished it reported to all 3
But otherwise they good
kikoff is the only service that gives you a free loan without any fees ($10 a month that you get back after 12 months), $5 a month for a $750 revolving credit line, and a free cash-credit card that you only need to deposit $50 to have them report to the credit bureaus. So you can essentially have 3 open accounts for $5 a month (because you get refunded the $10 back), plus $50 deposit that you can use immediately on your cash card. Only down side like you said is the first 2 accounts only report to 2/3 credit bureaus, but the cash card reports to all 3. Still a fantastic deal considering the other options. If you just open the loan & cash-credit card, then its absolutely free.
@@TiffyAlwaysBlissyhow many points in one year?
Hey guys, I had the credit strong account I'm about to cancel it. I was putting fifteen dollars a month in that account and I asked them aferr a year what was my saving balance they told me 37 dollars because there's interest that was after a year of paying fifteen dollars per month do the math 😂 needless to say there gone from my credit building
What that’s crazy so they took 143 of interest that’s like 97% of it!!! That’s crazy
What? I'm calling to find our is that true
Great info👍🏾
which one of these does not require direct deposit?
Can you use all of them?
should we do all of these or just some of them?
A fee should be fine. Just have some diversity like, revolving, installment and other.
Brigit credit builder is good too
I was waiting for someone to say they use Brigit - was about to sign up but seen that they have a $15/month subscription fee & $1/month credit building option which is more then fine. HOWEVER, right when I’m about to sign up the fine print confuses saying “you are going to pay $25/month & ultimately $600 over the 24 month loan” which is 100% not what they’re saying originally - what has been your experience? How much have they pulled from you cost wise?
Yep
Does your FICO SCORE improve too? Or just Vantage Score. Thankss
Yes it does
Kikoff has helped my vantage but not my fico
Can you use more than one of them at once
You can, but best to have at least one installment and revolving.
Still don’t get the logic of borrowing against your car (which gets most people to their place of employment) to eat at red lobster or buy a TV. You default, they take your main way of earning income.
The idea is to pull equity out you use how ever you wish. In turn this will build credit. Of course just like any credit card you should be paying on time to avoid interest and fees. It's like a HELOC for a house.
I need help fixing my credit bad
Hey Brian, fix credit takes time, but a hacky way to do it with multiple trade lines, if you use two or three tools that Naam suggest here, you will boost your credit faster than just using one. I use Cheese and StellarFi together and it works for me, getting score increase almost every month.
@@kenlian6623 thanks
I been using Kikoff, Self, Chime, and GrowCredit. They have all helped
@@TiffyAlwaysBlissyu use them all at the same time?