I didn’t realize so many people would really take an 800 credit score over $100,000
- Thread starter Standing on business
- Start date
UberEatsDriver
Veteran
- Joined
- Feb 12, 2017
- Messages
- 44,109
- Reputation
- 3,153
- Daps
- 99,264
- Reppin
- Brooklyn keeps on taking it.
explain
Nah breh….an extra 100k is farrrrrr more advantageous to you than an extra 70 points on your credit score. You’re overthinking this.
The only people who should even consider forgoing the 100k are those with a solid multimillion dollar plan, an extraordinarily shytty credit score, and some minimum level of capital/access to capital already. A very small subset of the population. The vast majority of us should just take the money.
I definitely agree that’s why I said it depends on how much money they already have at this point. But it’s definitely a subset of people who are better off with the score.
Nigerianwonder
Superstar
Do these idiots realize you have to pay loans or anything you finance with a 800 credit score back?
100k cash > debt. How hard is this concept?
100k cash > debt. How hard is this concept?
You can get a large loan having an 800 credit score (with excellent payment history and account mixture) even if you only make 40K. Especially if you are willing to PG yourself onto the business side.
Vandelay
Life is absurd. Lean into it.
Question should be 800 credit score or $20k.
Anyone turning down the $100k wouldn't know what to do with an 800 credit score that you can't do with $100k.
Anyone turning down the $100k wouldn't know what to do with an 800 credit score that you can't do with $100k.
UberEatsDriver
Veteran
- Joined
- Feb 12, 2017
- Messages
- 44,109
- Reputation
- 3,153
- Daps
- 99,264
- Reppin
- Brooklyn keeps on taking it.
A mortgage pre approval goes by credit and income. They won’t give you a large loan if your income is low. But they’ll give you a larger loan compared to the next 40K man who has lower credit
BaldingSoHard
Veteran
Most people are stupid.
Lolol.
Have a 800 credit score with a 40K income and go into a Maserati dealership and ask them for a Quattroporte
it’s crazy the lack of knowledge people have and u see why they in the position they are
what dealership u walk into saying let me get that 85,000 dollar Tesla and I’m not going to put any money down cause I have a 800 credit score and it don’t matter if I make $32,000 a year living with 2 roommates
All im going to say is that if youre black in america, you have to put that in consideration because yes, believe it or not, some avenues will be closed off as in banks and whoever may give you a hard time simply because youre black so you so you have to be smart and on your toes. Have to say that. Where do you guys live where youre black and able to move like that in society without encountering shyt especially finances? The higher you go the ladder asking for anything involving financial power, the more 
youll get. shyt is mad uncomfortable. Yall dont feel like that?
Sometimes, i dont hear real shyt on here. Folks talk like its so easy when its NOT or like they dont encounter racism while making moves.
youll get. shyt is mad uncomfortable. Yall dont feel like that? Sometimes, i dont hear real shyt on here. Folks talk like its so easy when its NOT or like they dont encounter racism while making moves.
Last edited:
The Observer
All Star
This^^
lol people think a high credit score is free money….instead of taking the actual free money
Main advantage of a high credit score, is when taking out a loan it may allow you to be offered lower interest rates to pay it back
Last edited:
you are talking about a mortgage. But even than it still comes down to finding the right lenders. But yes you still need to generate some type of income. Rather it’s from W2 or small business. That’s where the people making money leveraging credit are at on the business side.
But if you can’t flip an 800 credit score or 100K none of it matters.
I was going to make a thread about this the other day regarding the passport and grind brehs. These dudes only advice is to quit your 9-5, start a business and travel.
Last edited:
