Pay off your card before the statement closing date. This is what reports to the credit reporting agencies, not the balance when you pay on the due date.
She is wrong about the store card 10 years ago with a $700 balance. That means you didn’t pay your card. So it should’ve dropped off in seven years without you paying it
A credit score is what they convince us we need. Credit score equals debt. I'm punished for not having debt . It's so backwards. I can't get approved for anything because I don't have debt.
Pay off your card before the statement closing date. This is what reports to the credit reporting agencies, not the balance when you pay on the due date.
Absolutely!
All great info. I’ve did all these very things and they work. Trying to get that 800 🎉 up 14 points just today🙌
She is wrong about the store card 10 years ago with a $700 balance. That means you didn’t pay your card. So it should’ve dropped off in seven years without you paying it
True! that happened to me and I didn’t know why but was glad
Pay your credit off each month be careful of inquiries and if you can’t pay off each month don’t use also don’t live beyond your means
It took me ten years to achieve a credit score of 833, and I am proud to be a part of the 800 club.
It takes awhile iam at 803 and it took about about 3 years
How about having an emergency fund? So if something goes wrong, you don't have to use your credit card? That's a whole new concept huh?
Keep your balance below 8% when statement closes then pay that 8% balance before due date. I believe that’s the sweet number.
Make payments on time.... like we didn't already know that lol
What she should have said was make payments before your statement closing date. That is when the credit card company reports to the credit bureaus.
A good score has to be maintained like a well manicured lawn. Learn all of the rules, tips, and tricks of the game.
A credit score is what they convince us we need. Credit score equals debt. I'm punished for not having debt . It's so backwards. I can't get approved for anything because I don't have debt.
My score sits a 475
@TODAY Consumer Credit scores should only be based off of payment history and ability to make agreed upon financial stressor payments.
The only way to have a high credit score is to use debt. People with an 800 score have paid $10’s thousands in interest!
Not true pay your balances every month keeps your score high
House notes and cars typically, unless you have spend mainly using credit cards.
Wrong
Use credit cards to purchase things that you would normally buy. Pay the entire balance before the due date. No interest paid.
@@SledgeIncTeam - if that idea worked Americans wouldn’t have over $1 trillion of credit card debt. 🤷
Dave Ramsey has entered the room
They need to title this video “no 💩 “
I love the advice to "just" pay down your debt as if so many of us are not struggling day to day. Tone deaf much?
I have seen my credit score manipulated that I don't trust it. I respect the score but I have seen some unfair practices ....
Some decent information here. Not 100% accurate but still some decent info.
Letting private companies run our lives 😔
Either nothing has changed with managing credit since the beginning of time or this video was so not helpful.
The Higher the Score, the Higher the Debt. A high Credit score does not mean you are good with money; it means you are good at being in DEBT.
Poor information... my number is really good. And credit card companies still won't give better interest rates. Same with car loans.
You're right, I have a credit score of 833 and I still feel like I'm being treated as if I have a 600 credit score.
Dave Ramsey were are you
🤔 i have to find another job so I can pay $15K on a card in a month
30%? 😂
Oh,she left cnn
Ignoring people. Don't thank I don't know what going on but I do know what going yes he in he's right mind