Are you keeping your credit utilization under 30%? Do you have a CC sir? Why don't you have a CC sir

[Mr. Negative]

put a balance of 9% overall on a card

Put a utility on said card (phone bill, cable, internet, car insurance, etc)

set an automatic payment to said card in the estimated monthly amount of said utility

get paperless billing so you don't see a bill

hide/destroy card.

repeat for each new card offer+utility, until you got every monthly bill on a separate card.

Check your score in a year.

BONUS: If you get a high limit credit card out of this, put 9% on it BUT DONT USE IT FOR ANYTHING ELSE. Use this card in case you fall off, lose your job, etc. If you do, transfer ALL your other CC balances to this card and pay the minimum monthly balance if you can. (I wish I would've done this instead of panicking a few years ago. Lost 7 accounts when I could've lost just one)

 

[Robo Squirrel]

put a balance of 9% overall on a card

Put a utility on said card (phone bill, cable, internet, car insurance, etc)

set an automatic payment to said card in the estimated monthly amount of said utility

get paperless billing so you don't see a bill

hide/destroy card.

repeat for each new card offer+utility, until you got every monthly bill on a separate card.

Check your score in a year.

BONUS: If you get a high limit credit card out of this, put 9% on it BUT DONT USE IT FOR ANYTHING ELSE. Use this card in case you fall off, lose your job, etc. If you do, transfer ALL your other CC balances to this card and pay the minimum monthly balance if you can. (I wish I would've done this instead of panicking a few years ago. Lost 7 accounts when I could've lost just one)

 

[Mr. Negative]

 

[Be Strong Blackman]

i do now.

i paid off all my credit card debt over the pandemic.

shyt feels good.

Pay my shyt off monthly

I don’t even need credit cards. I only use them for rewards/points.

 

[Robo Squirrel]

If you are not paying everything with you CC. HOLD THIS... L

 

[Jaylen Tatum]

I have 634 I was at 300 last year so im moving big time baby

What did you do to rebuild it?

 

[NoMorePie]

I'm at like 40%. Just been accepted for an amex and a Visa cashback cards and I've been very mindful of paying down the debt over the passed year. Slowly but surely.

 

[Spence]

64% but that’s only because we have two cars not on notes and own a house already. Instead of washing the car debt this year we are paying off the house, then using the monthly mortgage amount we would’ve paid towards getting out of the debt by May of 22, then after being completely debt free getting a gigantic house depending on if Biden sends the receipts on the remainder of our student loan debt. If he washes that we about to be millionaires inside the decade

 

[CashmereThoughts]

My utilization rate is like 5%

5% is the magic number for those who’s intent is to max out their fico score

 

[playplayaj]

Under 30% is good
10 % is great and 0% is best
My credit score is 839. And yes that's FICO

 

[Guile]

my credit was all the way fukked from credit cards...just getting back into the 700's

 

[Deflatedhoopdreams]

i pay mine in full every month.

Utilization rate is what’s on your statement balance every month.

 

[CashmereThoughts]

put a balance of 9% overall on a card

Put a utility on said card (phone bill, cable, internet, car insurance, etc)

set an automatic payment to said card in the estimated monthly amount of said utility

get paperless billing so you don't see a bill

hide/destroy card.

repeat for each new card offer+utility, until you got every monthly bill on a separate card.

Check your score in a year.

BONUS: If you get a high limit credit card out of this, put 9% on it BUT DONT USE IT FOR ANYTHING ELSE. Use this card in case you fall off, lose your job, etc. If you do, transfer ALL your other CC balances to this card and pay the minimum monthly balance if you can. (I wish I would've done this instead of panicking a few years ago. Lost 7 accounts when I could've lost just one)

Nah son. i get 2% cash back on my sapphire and the 3% on certain purchases with my apple card. last month i got $90 in free money, paid $0.00 in interest. Why would someone not take advantage

 

[Jblaze204]

I hate paying the $150 annual fee for my Amex green card but it's made me disciplined in terms of monthly spending. I've been debt free for years.

 

[King Frost]

i love these threads
bow down to the almighty fico score

last month i got $90 in free money