Jade Warshaw Claps Back at Her Haters
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- Опубликовано: 30 сен 2024
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The more I listen to Jade and the Ramsey Solutions team, the more determined I am to be debt free!
Yay!! Keep going. I’m debt free and it’s wonderful!!
God bless you in Jesus name, you will be prosperous and for you to succeed in your endeavors 😊 💪💪🙏🙏🙏
I totally agree with Jade about creditors moving the goal post.
I had a 850 credit score until I paid my mortgage off six years ago. I stay between 829 and 832.
Recently attempted to get pre-approved for a mortgage and when the bank sent me the report. It mentioned the lack of installment loans since my vehicle was also paid off. I pay my credit card bill in full as soon as it appears and they said I had very little revolving debt.
My car was paid off three years ago. So not having installment loans all the time is problematic.
It seems that no matter how you try to follow the “credit game,” they really want you in debt. That’s how they make money having you chase credit rather than focused on having enough saved to bypass financing.
Now that’s just sad and so wrong! Well done by the way! 👏🏽
Thanks
Absolutely what they are doing ..thats why Daves approach is key and amazing to understand, FREEDOM
I got my ($330k) mortgage without a mortgage AT ALL on my credit report, 4 years after my $20k car was paid off. I call BS on you not being able to get a mortgage.
@@Undefined14 I call BS on your ability to read and comprehend.
I did not say I was unable to get a mortgage.
My message was to those who keep chasing credit scores the goal posts changes.
Both my brother (62) and my daughter (34) have zero credit scores. Both have lived cash all the way. No problems for either! Both living very very well!
My dad same thing...you are right!
Indeed, God bless
Respect to them! 😊
Jade honestly is one of the best DR personalities; she is so relatable and has recently struggled to get herself where she is today.
nah
Not to mention she has an awesome voice. 😊
@@ericmyers3561Yah
Jade is quite an asset to the Ramsey team.
Yeah she’s cool!!
She's smart, articulate, and to top it all--a musician!
She really is and I just love her…🥰🥰🥰
I'm very, very proud of you girl for what you did over such a long period of time to stay strong and pais off your large debt. Stay strong and proud girl. Good job!!!!
Jade is incredible. Ramsey Solutions won when they hired her. 🙌🏻
I love her
Jade, ma'am. Your hair looks absolutely beautiful...!
When you pay cash, you have a zero percent interest rate and a 100 percent equity stake.
another perk of having a 0 credit score is that it protects you against identity theft big time!
A good credit score is like a gun, you should have it and believe you won't need it, rather than need it, and you don't have have it.
Unlike guns, credit scores don't exist in civilised societies@@jackstar254
@@jackstar254 but I honestly cannot think of a situation where I would need it 🤔
@@mysticquetzal87
You're at an airport overseas, they're beheading foreigners in the parking lot.
A plane is leaving in 5 minutes, They are auctioning seats on it at $25K each.
I use a CC and pay it off back in the USA.
@@mysticquetzal87 -_-
As an immigrant. I approve Jades video. I was renting, driving, had insurance without credit. I got approved for a house without credit, THE ONLY THING I was no able to do was apply for credit, all my purchases had to be cash. Once I got all my documents and my SS# set up, first advice I got was built your credit, apply for credit cards to buildit, to the point where I got myself into $200k debt on equipment for my business for a total debt of $320 adding the house payment. Well, during the pandemic I decided to clean all that mess and I am just 47k more to go and planning to get that done by April 2024. So, my score can go to hell, because I am not going into debt ever again.
Legal or Illegal?
@@commonsenseisntcommon1776if he got a social security number and his documents then he’s obviously legal.
That's very motivating! Thank you for sharing!
@@commonsenseisntcommon1776ignorant. He just said he got his documents and his social security #. Why did you choose to ignore this piece of information.
Congratulations, I hope you will be debt free!
She said it perfectly.
People would rather be right, then actually open their ears and potentially learn something that will change their and their families life...
I don't think most people realize how recently credit cards became commonplace. The practice of accepting credit cards for payment everywhere you go was not common until about 2005.
And all that hate stuff just goes to show you how terribly brainwashed the credit card companies have us. They’ve got us like credit card zombies!
No such thing as a zero credit score. Just look it up on google. Lowest you can get is 300
I don't think they are brainwashed. You just need to understand them. They are a card, not evil. They don't put thousands on them and pay minimum. Do we get rid of liquor (I don't drink so wouldn't care) for the ones who can't handle it, gambling, fast food? Many rich get points and never have a balance. My son got a free trip from his BIL and my sister got free Xmas gifts for everyone one year. No interest, no yearly charge. If you can't do that, it's a trap to keep adding to it. I did 20 years ago when I needed car repairs and a water heater broke. I got a 0% card for a year and worked it down. Why pay on a 18% card? Dave makes no sense at times. If you aren't going to use the card again, it's a good tool. They closed transfer card after a year or two of not using.
It's called truth and it hurts.
EXACTLY!!!!!!!!!!!!!! I just made a comment to someone about that same thing. ppl are so lost to really believe on an imaginary number to determine if u can buy a home etc etc. it's sad. iv had arguments with ppl and realized that they are not going to see it so I just leave it alone.
@@BK12344youre not a loan officer you have no idea how bad a manual underwrite is. But keep smoking
So here is what I did. I moved to Bangkok Thailand and credit scores don’t exist here. I purchased a condo that would cost 1 million dollars in the US for $20,000 and I didn’t need credit or large down payment. I have a phone, electric, cable, water etc. and never credit was needed. Unplug from the slavery machine.
Murray Head, glad you are here
Wow!!!!
We are debt free and have paid cash for our last two (almost new) cars. It was such a different and freeing experience. Negotiating the purchase price was about the bottom line, not the monthly payment where the finance people jack around with down payment, interest rate, etc. I walked in, told them I was paying cash, and boom… no need for qualifying and approval, no hours of going back and forth with finance negotiating…. It was awesome. * Edited to add* we are planning to move in the next few years and have a plan/path to pay cash for the new home not dependent on the sale of our current home.
I have an 845 credit score. i am not a slave to anything. I am also 100 percent debt free
I'm sorry to hear you have a credit score
@@amireallythatgrumpy6508 ive been crying about it all year 😭
My condolences
Exactly what I posted they deny the the fact that you can have a good credit score and not be in debt.
I'm 840, was 850, paid off my mortgage 2 years ago and pay my credit cards monthly or weekly. I'm good and know if I do need a car loan etc (cars paid off) I would get a good rate
Inspired content!! You can only remain in ruins when you live above your possibilities, spend less and invest more. Don't be in a quick to forget that liabilities feed on you while actives feed you. Start an investment and save your future. Crypto investment is a very good idea.
I agree with you. Investment is the key to sustaining your financial longevity, and not just any investment but an investment with guaranteed return.
I used to have a senior colleague at work who lived well but never had an investment, unfortunately his job was terminated so he went from living well to surviving with his family. If you had invested while you were still working, you would have had another source of income.
Investing is a prior decision to make for the future. If you are looking at this and don't have an investment, please make plans to invest so you don't end up like my colleague at work.
Quite impressive but HOW!!?😊 I know it's possible, my colleague at work got her first investment return of $57K after two weeks and she quit the job, I would appreciate if you show me how to go about it.
My first experience with Mrs Theresa Cann gave me the assurance and confidence that has made me to invest without fear of losing, I really appreciate her efforts and transparency.
I'm celebrating a $95,000 stock portfolio today. I started this trip with just small investment. I have invested time and the right conditions, now I have time for my family and the life that awaits me.
Investing with expert mrs Gillian Sara sheeran, has been one of the best step I've ever took in life, may God bless the day i met her.
Boi cappin lmfao
🧢🧢🧢
I'm keep my 820 score with all paid off credit cards and zero balance
I'm sorry to hear you have a credit score
Worry about yourself playa
Same. Dave actually convinced me to keep mine when he acknowledged that he still runs peoples credit score before dealing with them. That’s how important it is. Even that guy does it.
Gang gang. $7000 free dollars roughly and $0 in interest so far over the course of my life, thx credit cards
Mine is a 771. I have have a $36 Verizon prepay bill auto pay every month. I rarely used that card. I just use my debit.
Jade is pretty damn cool, like her. Great show.
Jade I love you!!!! You tell it how it is. I love having a 0 credit score. It’s so freeing knowing I don’t owe anyone anything. Looking forward to those hoops next year when we buy a house.
I would love it if you come back to this post and talk more about your process of buying a house with a zero credit score.
You love paying higher interest ! You go girl! You're in for a rude awakening.
@@NeoSoulCrewExactly! The interest rate may be the same for manual underwriting, but the fees will be higher. More work=higher fees. The higher fees will be factored into the APR, which is why a law was passed that all lenders must express the cost of the loan in terms of the APR so consumers can compare them. Don't just compare rates. Also compare APRs.
@@NeoSoulCrewShe’ll pay the house off early so the interest won’t matter.
Hey Jade, Don't Worry....The better you're doing the more haters you get...
Hitlers supporters told him the same thing
Way to bury your head in the sand.
@@siva47931Hitler? That’s childish.
Do whatever you want. Don't worry what someone else decides to put themselves through.
Haters? Jade, you are a breath of fresh air. You, above all other guest hosts are closer in philosophy to Dave than the others. I’ve never seen Dave let others run with the ball on financial matters like he does with you. Ken is great on job training and opening potential jobs, Deloney contributes psychological aspects of relationships and emotional issues. ❤❤❤
Nothing but love for Jade and John 💛
I guess I am sort of confused. I have a credit card and use it to buy grocreries, prescriptions, restaurant meals, etc. Then when the bill comes in at the end of the month, I pay it in full. With a credit card I can see in advance what my charges are going to be and catch any errors; whereas with a debit card, the money is already gone and if there is a problem, it causes a lot more hassles..
100% agree with you.
How has had more problems? Ppl with credit cards and not paying them or ppl with errors on the banks side
It has never been the method of payment that matters. Its your behavior with money that needs to be addressed. Sometimes religious zealotry can blind people from the obvious. Which peice of plastic you use to pay for something is a distraction.
I have had credit card fraud before. You better believe I sleep better at night knowing it was on a credit card and not my checking account. It is basic risk management.@@RL-ww5ev
I’m guessing it’s aimed at ppl who abuse their credit cards and can’t pay them back. I use credit cards the same way you do. I’ve never been late on a payment because I live well within my means and always have enough money to pay my credit card bills.
Jade, this is higher level thinking. Respectfully, I don’t think most people are ready for this or can even imagine a life like this, hence the hate.
It's not hate coming from those people, they are REALISTS. What Jade Is preaching Is advise from a Millionaire's Perspective. It Isn't most people's reality. If you listen to the advise from Suze Orman, It Is completely opposite to that of Ramsey.
@@NatalieG427 I love Suze Orman. She also has empathy which I think Dave Ramsey might be a little short on.
Jade parrots what Dave says😒however, are ppl suppose to sleep outside bc you damn sure need a credit score to lease an apartment. That's the ONLY reason I keep a healthy credit score, I don't need to borrow a dime nor am I in debt.
And when two people have opposite beliefs they are usually both wrong.@@NatalieG427
I think what you wonderful people are doing is REVOLUTIONARY. As a young teacher back in the day -- I felt the most important things children can learn is how to free themselves from the landlord, learn to build their own homes and grow your own food.
A person needs about 5 to 6 acres of land to live comfortably, producing their own food.
~35 acres for a family of 6.
You and another party both wish to rent the same house. Your score is undeterminable, and the other party has a 810 score. Who's getting offered the lease, and who has to keep looking?
Happens to Ramsey people too. John once (was dave listening??) said they had to go to 3 rental companies to find one that would do cash/debit. Hotels don't want it, especially nicer ones. They want to know they can get the money if you default. What's in your debit? My daughter is looking for apartments, most want 680 or above credit score. Now if you have enough money to give them 6 months ahead, kind of dumb idea, it might work but why jump hoops.
@@deb9806 Not true. I use my debit card at Delta (Diamond) and Hilton (Diamond there as well). No hoops, just I chose not to be a broke joke.
@@deb9806 It's crazy Americans have to jump through these loops, especially in their own lands. I came to America for tourism and I never had to provide a credit score to rent or go to fancy hotels.
Such establishments do not require that from non-Americans, they find other ways. This credit score system is ridiculous.
@@susiem.2068 yes my daughter is dating someone from the UK and it is different there but so is insurance and a lot of other things
Jade looks like the younger version of Whitney Houston!!!
I don't hate any of the Ramsay people. The only contrary thing I will say is that the lesson being taught here can be boil down to "save your money, stop buying stuff you cannot afford, stop buying stuff you do not need and stop being stupid with your money". To me this stuff seems common sense, but common sense is severely lacking in today's world.
They are acting as if the only choices are to have zero credit score or be strapped with debt for eternity. There just might be some middle ground here.
Yet the norm is to be struggling, crippled with debt. Most people are unable to do the middle ground hence it is safer they stay away from debt entirely
@@smn5672 maybe but that doesn’t mean the middle ground doesn’t exist.
Of course there is but it doesn't go with the Ramsey brand. When someone did his ideas but kept a card, they wouldn't let him on show to do "scream". He could have lied but he was honest. Didn't use it often and paid it then but didn't cut them all up. That's how crazy Dave is. You paid off 15,000 with my plan but didn't cut up your card, shame on you! lol Ahh, at least Rachel said in her group financial peace meetings, she knew some did "dave lite" and if it helped, it helped.
@@deb9806 I've seen a lot of "dave lite" on youtube. It doesn't matter what Dave thinks, if it works for you, it works and you save money from using his tools.
latest yahoo finance report says 44% of us pay off our cc balance each month. that's a whole lotta ''middle ground''.
4:40 I have 800 credit score and don't have any debt lol. You act like crippling debt is synonymous with a good credit score. Never payed a single cent of interest on my credit cards in 6 years and never held a balance.
Edit: and whenever I decide to purchase my first home, my 800 credit score will make it 100 times more convenient to get a mortgage than this manual underwriting garbage you keep talking about.
She has so much confidence about this even though she's wrong 😂
Well most people fall into the trap of debt and ALWAYS miss payments. She has a huge following and she knows the world operates in generalities… 1/10 could probably do what your talking about. Also I assume your not 24 meaning your an adult that has only been able to do that for 6 years out of your whole life. So either you were paying interest and missing payments or you never borrowed money before 6 years ago… which proves Jades point 😂
I'm 25 lol @@jackochukpue8365
This show caters to broke irresponsible people. I don’t think they’ve met people with good credit and zero debt. Ever since George and Jade joined the “social media” team has gone up but the quality has gone down.
I'm sorry to hear you have a credit score.
I followed and continue to follow the Ramsey Show! Purchased home with ZERO credit score - 2.75% interest rate 🎉💃🏽🎉
Thanks Ramsey Team!!!!
Why do they deny the fact that you can have a good credit score and not pay interest.. I have a 800 and never paid a penny of interest on credit cards
they must follow the cult edicts or lose their jobs.
Exactly. Me too. And you never know when a high credit score will come in handy for things OTHER THAN borrowing money. For example, renting an apartment in an extremely tight rental market where you're actually competing heavily against other prospective renters. Others have mentioned other examples.
They don't deny that as they have said in many other vids. But even if you pay off your credit card, it is still bad to have one in the sense that you are likely to overspend with one. A common thing I hear is the airline miles. But guess what, you likely aren't saving any money since the cc and it's points is what convinced you to go with a certain expensive airline or vacation in the first place. Bottom line is if you are making any more than a few hundred bucks in cash back every year on a CC, you are probably overspending. Remember, it's like $30 for every $1000 you spend.
"Likely to overspend with a credit card". And yet.... most millionaires have credit cards. @@nathangallagher5112
The USA is the true cult.@@God.Almighty
You guys dont think through? Once you secure a mortgage you then will have a.......credit score. So you want to eliminate one to then get one?
you are missing the entire point. they are saying you dont need the score to get approved for a mortgage. you dont need to carry credit cards and have a traditional "score" you can have no debt or open lines a credit and through manual underwriting still get a mortgage.
Agreed. Although they never mention that after you go through the manual underwriting process/buy the home and start making payments, you will have a credit score again
😮
I didn’t know that!
Once again.....these people have no clue when it comes to REAL financial situations, like drawing 8% in retirement....idiots!
They need to STOP IT and just help get folks out of debt.
@thebeegood1731 True, but in some cases, you may "need" to have a high credit score to avoid paying a higher interest rate on a home vs. someone who has 0 credit.
Like Duh, they like smoke and mirrors
Credit scores are lies, and most "smart people are too dumb to understand it."
When i went through my divorce 13 years ago, my Father In Law tried strong arming me to deed over my house to his cheating daughter.
I told him that if he ever tries that again, "i will stop paying my mortgage and wait until the bank evicts me. In that time, i will stockpile cash. I will ruin my credit and your daughter's credit for years in a heartbeat. Do you know how much renters care about credit scores when you pay cash for everything? As much as I care for your threats."
First time i left him speechless.
Well done!!
I don’t believe anything that they say about the zero credit score. I also don’t believe what they say when it comes to manual underwriting. These people do not buy houses with regular or low incomes
I've noticed a lot more Ramsey videos where they go on the defense lately. Thin skin. All of them.
Americans in general have thin skin. All of them.
Not really. They just know it's a way to get people like you to click on their videos. Looks like it worked,.
@@jh26pt2 Oh, the Dave Ramsey show is all about click bait.
@@kensmith2796 So by your own standards, they obviously pulled you in.
@@jh26pt2 I respond to financial click bait.
IM keeping my credit cards open and pay my RUclips premium, hbo max and so on. That is my opinion.
Love this show!!!!!! Jada….you rock girl!!!!! I’m paying down my debt!!!!!
*jade
I completely understand what you are saying, and i don't agree, but did you know your insurance premiums are based on your credit score?????
@@thebeegood1731 and you think the insurance game wouldn't ding you for having no credit score? Come on.. That's easy money.
Money that you would otherwise spend maintaining a credit score.@@ChrisMFlorida
I haven't carried a credit card balance in decades but I still use a credit card for the convenience as well as the perks. Hotel reservations, car rentals, etc. I don't want a vendor putting a several hundred dollar hold on my checking account for days. Also disputing an unauthorized charge is much easier on a credit card vs a debit card. Finally, there is no way I will ever use my debit card to make a purchase online
These people are insane
You'd have to be insane to live in the USA
So many viewers of Dave and his team post comments against them and disagree. If you don’t want to learn the method they teach then why bother watching, let alone post comments? I feel sorry for the haters, they waste so much time hating. Watch or listen to something that brings you happiness and personal growth. No one is forcing you to spend time on this channel. If you disagree with their methods and have found better ways and want to share with the public then start your own channel and stop wasting your precious time with things you deem no good.
Amen. It amazes me how many people watch/listen to any personal advice program and want to argue or disagree. If you don't agree as the above comment said, why wasted your time.
Because she's lying about how credit works.
because people like to bish.
Well said!! 👏
@@NeoSoulCrewYour comment is nonsensical!
23 and never had a credit score. Never plan to, and doing just fine!
Have fun paying even more in closing costs on manual underwriting on a home in today’s ridiculous cost of buying a home 🤣🤣🤣
This is where Ramsey is disingenuous. The loan rate may be the same as a conforming loan, but the all-in costs are much higher for manual underwriting. They advise people to use APR for all-in like to like comparisons of mortgage offers, but are silent on APR regarding manual underwriting. Also, I’ve never seen anyone in the comments section that willingly did manual underwriting share their closing costs or APR. Do they not know, or are they embarrassed? It’s a FICO tax worth up to 2% of loan balance on a 30yr loan.
Wtf does it matter what someone wants to do with their credit score. I admire yalls idea but it's not for me and that's okay. Yall do yall and I'll do me... SIMPLE AS THAT!!!
CAN YOU GET A HOUSE WITH NO CREDIT? IF YOU DONT PLAN ON PAYING IT CASH? SERIOUS QUESTION
Yes, its called “Manual underwriting”. But there are a very limited number of companies that will offer that
Yes. Talk to community banks or credit unions, not nationwide banks like Capital One. Tell them you have no credit score, but that means no debt. They'll require documentation and earnings statements. Probably require a larger down payment. Just work with them.
Remember, mortgages are a negotiation. If you don't like your rate, tell them no. If you need to, tell them no thanks, you'll take your zero debt and huge down payment elsewhere. Someone will work with you.
@@raulgallardo5140 after you get the 'manual underwriting' mortgage...you get a *drum roll*....credit score, its not the mark of the beast.
Just because you have credit cards or credit scores doesnt mean you are going to be slave to debt.
The ones who understands that they are borrowing someone else money, building their credit card score safety not miss using cc going into deep debts. But, to balance cc and pay it off as well saving, having our own money in the account. 😊
This is why it took so long to get rid of slavery in the past. People did not have slaves, but they benefitted from the system.
Then why do so many people call in to the show with credit card debt?
@@mattalkire6716 why do ppl have children they can't afford? Bc they're reckless and irresponsible. Cc's aren't the enemy. They have cc debt bc they're irresponsible with poor money management skills. It's not hard to live below your means, charge what you COULD afford and pay back in full. It's a choice......
@@asiaanderson5556but you ARE a slave by definition. Bloop
Love Jade!!!❤ continue being great. I’m sure the haters are broke and undisciplined that’s all 😂
The people saying it's not possible just aren't thinking, or they're being intentionally disingenuous. It's easier to avoid the trolls by saying no score rather than zero score. You started life without a credit score, you can go back to that if you so choose. If you're not interested, then just say that. Don't tell others what they're saying isn't true when you have zero proof of that
Out of everything that I have listened to on this show from all of these individuals, this has probably been the most absurd thing I've ever heard. You mean to tell me that you have to have a zero credit score in order to get a home? Where are they doing that at? I know people with credit scores of 400 and below and they couldn't even qualify to get a pencil on credit! I think keeping One credit card open for credit purposes and in my case and inevitable emergency is necessary. My credit is in the 700's so I think I'm doing pretty good.
A 0 credit score is not a bad credit score. Of course with bad credit you’re not getting a loan LOL. With a 0, they just use other ways to determine if you’re going to pay your bills because with a 400, ya not paying them clearly so rent
When people talk about a zero credit score, they're actually talking about not having a credit score at all.
@bornaries.....no, they are not saying that.
I absolutely love Jade!
I used to be a mortgage loan underwriter…started WAY back in the day of manual underwriting in which credit scores was not important and NOT the only deciding factor of getting approved for a mortgage loan.
Im 100% debt free only reson I keep a cc is i never had in my 20 years using one got into cc debt...just paid it off every month. Plus good credit score helps with insurance rates and money back is nice. Wont get rich off that but is a nice bonus.
Going to guess 20% or so do what i do...if your not you definitely should tear up your credit card as cc is extremely stupid.
It took me awhile to warm up to Jade. Now I love her. Stand your ground against the haters that are trying to justify their bad decisions.
She’s tough to like
I liked her instantly compared to the other one.
disagreement is not hate. but click bait titles get more views and make more money.
That's not true, I haven't used a card for 4 years I cut it up but forgot to close the account. My score has gone up or stayed the same. 760 credit score no debit. Haven't used debt for 4 years.
What's not true? You just said you left the card "open" therefore your credit score will never become zero, the correct term is indiscriminate, in other words it may take a loan officer a bit longer to "determine" whether or not to offer you that home loan. But, and I've seen others say this and it is complete malarkey that your interest Rate will be higher if you do manual underwriting...no it will not!!
@@jwlsngold5026 she said if you don't close an account your score will be bad and eventually go down. Also it does cost more to do manual underwriting, just had a friend do it with a zero credit score they said churchhills interest rate was about a point higher.
Jade is a star 🌟
Just because you have a credit score doesn’t mean you have debt, for you guys on the shows its a one size fits all approach. Wake up its 2023
Your logic only applies to people who are irresponsible with credit.
In other words it only applies to 99.9% of the American population.
I hope Americans understand that, when you mention "creditscore", the rest of the world has no idea what you're talking about?
Zero debt here, but I do have a credit score. Sorry Jade, but if it hadn’t been for my credit score, I wouldn’t have been able to get approved for a house recently. I’m sure there’s ways around it, but good luck hunting for lender that will work with that.
I agree, I too have only one credit card, balance it, and pay it off completely. I'm saving and preparing for house buy process.
It's called manual underwriting. Lots of lenders "will work with that".
No debt but then goes on to say you just got a mortgage 😂
@@cereal76yes, I know what it’s called. And also know that 1/10 lenders will do manual underwriting, so yeah, good luck with that.
If you're so hellbent on have a 0 credit score that's fine but don't be a moron about it. Wait until you've gotten your mortgage and paid it off. The minute you get a manually underwritten mortgage guess what you get?!! A CREDIT SCORE lmao so backwards to even suggest someone do this.
Tell me you’ve never bought a house with a ICS & used MU without telling me. We STILL have an ICS score
Credit scores only exist in backwards societies like the USA...
how long have you had the mortgage? @@OopThereItIs77777
I just paid off my last debt in September and my credit score went up. I don't get it. As an aside, I have never felt better mentally then I do now.
Of course it. She is pushing this weird and ignorant myth that you need debt to have credit stupid and false
Thats because one of the criteria used in a credit score is credit utilization. $0 balances improve your credit score.
It's how you pay. Even when I had balances, mine was 700 or so but now 840 with no mortgage but small loan. If they see you pay on time and more often (I think it's that with me) you get a good score. I taught my daughter to do that and I think hers raised. I told her pay it every 2 wks instead of monthly.
@@deb9806 So it's like that thing they do in China then. If you behave you get points. And if you say something the government doesn't like, they deduct some points from you.
@@MrClassicmetal I don’t know about that ,but I know that people have behaviors they need to work on, but it shouldn’t affect someone who doesn’t have that behavior. For instance, I don’t drink and I hate it when an alcoholic strolls into a liquor store and they don’t say I’m not going to sell you this bottle because you’re already drunk and have an issue. It’s not going to happen because they are a business. It’s the same with lotto if a guy is spending last money on lotto tickets instead putting it in his savings account because he thinks he’s going to win $1 million, it’s sad. But his choice. If someone like my self, pays their balances off as they buy things pretty much, when they get home, and takes the points and buys free gifts with them, same as ebates, that’s my choice, but if someone else can’t do it, they shouldn’t tell me I shouldn’t be able to do it
Two things can be true at once. One can have a credit card and use it responsibly, one can also have a credit card and be unequipped to handle it. It all depends on how you use it.
I think the Ramsey people are kinda stuck having to agree with Dave on 100% of things. Agreeing with someone 100% of the time is never a recipe for success. Baby steps are great! The other advice, not so much.
One cannot live in America and be responsible. Those two things are mutually exclusive.
Even if you did manual underwriting, wouldn’t your score come back?
"It's not hard to get a mortgage. Just use the one company that does it and that we profit from a partnership with."
What's wrong with that if it works and is not a scam?
@@MrJimmy3459 It's just a conflict of interest and doesn't give consumers options. It's not necessarily a bad choice, but I prefer unbiased sources.
@emoney9931 you are free to google manual under writing aren't you?
@@MrJimmy3459 When you get a Churchill Mortgage...you get a *drum roll*.....credit score!
@@MrJimmy3459 I'd rather work with whoever my realtor recommends.
I assume my credit score is 0. Working well for me
Great looking gal
Good or great?
What if I told you that you can have zero debt and a high credit score?
Who cares, pay cash move on.
LOVE Jade and John!!!
We bought our first home right after getting out of debt with a zero credit score. We rent cars and hotels without a credit card. We’re better than fine. To say it isn’t possible makes you sound really blind.
I've noticed once you see a certain # in your bank account it's like freedom..Dave said it best now "emergencies aren't catastrophies they are just inconveniences" with that said I still uses credit cards and haven't paid a dime of interest in 20years!!! It takes discipline.. if you don't have it stay away from credit cards!!!!
Credit score is NOT EVER 0. Its indeterminate, not zero though...
Only post videos with Dave please, this woman unbearable
821 credit score with $0 debt. I’m an example of being able to do both. It’s just more convenient.
I'm sorry to hear you have a credit score.
I get mine fluctuating 840-850. Always paid my cards more than once a month to pay off and mortgage and parent loan gone the last 5 years. I'm good.
@@amireallythatgrumpy6508Why are you spamming every comment with this reply?
Because credit scores do not exist in civilised societies. @@llcross04
It's in his RUclips moniker.@@llcross04
I love this girls realness! She’s so to the point with each caller.
4:45 Actually, you can have no debt and have a great score. Its called credit inflation. That happened to me when I bought my house 10 years ago. I had a credit card that i never used since college. But the credit bureaus reported that i paid off my credit cards EVERY MONTH because the balance remain at zero. My credit score was 779. The mortgage lender had to do a manual underwriting because they saw that my credit score reported NO DEBT. No debt no credit. Nothing. I had to write letters and give letters for every regular bill i had.
Here is how these people operate, if you go to the post there are people that made some good constructive valid comments about this Fantasy world these people live in where everyone lives happily ever after with a zero credit score, but they cang realistically argue those so they go down the list pick the dumbest sounding comments and try to ridicule the argument, I freaking dare you to get a real millionaire on the show and try to have a real debate about this but they never do it because even when they get somebody like stephen graham on that doesnt even debate that much because they like dave their take that anyone that uses credit is some kind of looser goes right down the toilet
LMAO another idiot that doesn't know the difference between "loser" and "looser".
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You're absolutely right, the stock market is a dynamic and constantly changing environment that can be influenced by a wide range of factors, including government policies. It is important to approach investing with a long-term perspective, also, understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional investment coach and to carefully consider the potential risks and rewards of any investment decision.
@@MarieCornwell-pi1rqThats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@@StephenSwarnerI've been down a ton, I'm only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?
@@brianVennableMy advisor is Mr. Bennett Fauci. He's highly qualified and experienced in the financial market. He has extensive knowledge of portfolio diversity and is considered an expert in the field. He has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
He's on Telegrams
Using a credit card and paying it off monthly doesn't mean you're "strapped with debt for eternity"
My score is 810. 400k house paid in full... i own 3 cars paid off. I have $100k in savings. My score is just there lol
"I own 3 cars"....and this would be why you have an 810 credit score. Those lenders love you.
@nathangallagher5112 I don't think these lenders love me at all. I negotiate a low price and pay with cash when I meet the loan officer in person. The look they give me is priceless. They assume I'm getting a loan and expect to make money through interest payments. I just write a check or wire transfer my payment 🙃
The Ramsey team is super brainwashed when it comes to credit cards and credit scores. If youre financially responsible you'll be fine using credit.
If you're responsible you don't live in America.
The one issue where Ramsey will never convince people.
You go girl, preach sis 💯
H3 and a Jeep?….get your story straight!
I've never had any debt outside of a mortgage which I paid off in 2020. I did once take out a small car loan ($5K) in 2009 that just to get a better deal on a new car, and then paid off the entire balance with the very first payment. I do use credit cards for convenience and pay them off every month so that I don't pay interest. I have a credit score around 820. You don't need to have any debt to have a good (or even outstanding) credit score. It's worth having a high score just to get better auto and homeowner's insurance rates and it costs me nothing.
Jade is awesome!!!!!!!!!!!!!!!!!!!!!!!!!!
Without a credit score....finding a place to rent will be tough, and you'll pay more for insurance. It sucks but that's the system we live in. So I'll keep my 800 score till the system changes.
I'm sorry to hear you have a credit scores.
Insurance? How much exactly would you save? $10 a month maybe
@@MrJimmy3459 It helps traveling a lot, I like that I pay things off in full and not pay interest and my score is high because of it. I used credit instead of debit to do it, who cares? 850 last year, 840 this year, mortgage paid off, school loan. It can be done.
Jade!!!!! You are ON POINT, girl!!! I am NOT one of your haters. I am one of your biggest Ramsey followers!! Believe what she's saying people. You do not need a credit score. A credit score only indicates that you BORROW money, so don't play kissy-face with the banks. We live in a debt country and we think that's the only way to have anything, which is so far from the truth. I'M DEBT FREEEEEEEE! I'm 58 yrs old and retired. My net worth is 1 million. And I do not have a credit score. I do not want a credit score. 😊 My 2 adult sons both bought a house without a credit score. They knew to use manual underwriting. They don't have any other debt except for a mortgage. They did a 15 year fixed rate, 20% down, payments are no more than 1/4 of their take-home pay. They did it right. Thank you God and thank you Ramsey. 🎉🎉🎉
Correct! I stopped using credit cards 10 years ago. I bought a car in 2019 and attempted to get a loan. They couldn't find anything. My credit score was 0. I did get the car loan ( I know, I know) but paid it off in 6 months. I don't need credit.
What about renting an apartment for one single individual in Westchester County, New York with no credit score? I’m trying to find information on manual underwriting for this specific circumstance but I’m coming up nada.
Why would you want to live in an apartment? They're not fit for human habitation. They're only fit for bedbugs, cockroaches and maybe spiders.
@@amireallythatgrumpy6508This is a weird comment. More people rent apartments than own houses, you do know that right. Especially in a major metropolitan area like New York City
Focus on applying for a rental run by small landlords not corporate run apartment complexes. At this point, all of the corporate complexes run credit. Many small landlords do too, but not all.
I do know that. I also know that most people struggle to outsmart a brick. @@llcross04
@@amireallythatgrumpy6508 Spiders have to eat something ;-)
Absolutely love Jade! Very insightful and intelligent
I love how Dave quotes Cuban but he doesn't advocate just not using cards, he hates the high interest people with bad credit pay, but he advocates personal loans. He leaves that out. "Cuban argues that if you’ve got a good credit score, getting a personal loan can allow you to get the money you need at a lower interest rate while still building your credit. If you’re approved for a personal loan, you’ll typically receive a one-time cash payment that you pay back over a period of time with interest." He got in trouble years ago like many when young. He doesn't say don't borrow. He is concerned with interest rates.
Yes, he hates high interest. Cuban told Business Insider in 2014 that he wishes he had known when he was in his 20s “that credit cards are the worst investment that you can make,” admitting that “I should have paid off my cards every 30 days.”
But Dave doesn't expect anyone too for whatever reason so wont give the rest of what Mark says, personal loans are debt and he is just getting on his young self for using high interest cards. I did that with a store card once, bought 500 worth of things and realized it would take me a while to pay off. Transfered it to 0% card and paid it off half the time and let it close.
@@deb9806 Credit Cards are NOT an Investment. Just a method of paying on time. They’ve been around since the turn of the last century & not a new Invention to be scared of. I’m 60, with a credit score of 726, a Mortgage on my house & no kids. So, my husband and I don’t care if we ever pay off our house. If we die in the next 30 years, the bank will take it & who cares?
I think they just want to clap you 😅
I don't agree with letting your credit get that low. Ramsey is correct, credit scores are the gateway to debt. But it is also the factor that most people use to identify you without actually knowing you. Okay yes, you can save up for a house while living broke sure. But why not get the house now and pay it down along the way? Halting life is not always the answer.
Meh
Car insurance companies check your credit score too
Getting a mortgage is EXTREMELY difficult with a net zero credit score. Sure there is manual overwriting but it is a nightmare.
it's underwriting not overwriting. And when we got our first home they had to do it despite the fact I had a score over 800 because I had a private student loan that was a bit too high. It wasn't that bad, in fact rather minor in the grand scheme of all the other paperwork I had to sign to buy a house in the US. Uninformed comments like this are exactly what the banks want to see, because it helps them make more money.
@@polarablues64 underwriting/overwriting you knew what I meant as did everyone else who read this. Are you suggesting it is easier to get a mortgage this way? Even Ramsey would acknowledge it’s more challenging to get a mortgage through underwriting. My entire point is that IF you’re responsible, I don’t see any issue with a credit score.
Getting a mortgage in general is a nightmare. It's supposed to be a nightmare
Have you done it?
Not to mention the lack of institutions that actually offer proper underwriting services. Even at that, the wait times and rate of success is still much lower than having a good credit score to begin with.