I didn’t realize so many people would really take an 800 credit score over $100,000

[CarltonJunior]

$100k and it's a no brainer.

With a $100k you can go get you a 800 credit score

 

[NatiboyB]

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

It’s a piece of critical information missing. The people who are able to leverage that credit score aren’t using personal credit in order to purchase their vehicles.

 

[Armchair Militant]

I’m in the 790s. Apparently I’m on my way to baller status

 

[NatiboyB]

I’m in the 790s. Apparently I’m on my way to baller status

You could be. Do you have a business? Even consulting or selling products?

 

[Armchair Militant]

You could be. Do you have a business? Even consulting or selling products?

Nah, I work a 9-5.

 

[NatiboyB]

Nah, I work a 9-5.

I’ll just use an example I work also. But with that 800 credit score if you had a good business idea and set up a business properly you could take that idea and get funding either in the form of a business loan or credit card and start something with. Just by being a PG.

But that’s if you wanted to do that type of thing. Not saying you will get rich but if it’s something you like doing even if you want to flip houses or cars or sell electronics.

 

[1thouwow]

I’m taking cash bc my credit score is already at least a 750+

 

[-DMP-]

Dinner with Jigga >>>>>*

 

[Barlow]

I was going to make a thread about this the other day I regarding the passport and grind brehs. These dudes only advice is to quit your 9-5, start a business and travel.

1. Get you an LLC
2. Start a “business”
3. Go to an island resort
4. Profit

 

[Pete Wrigley]

$100K easily:
Pay off my debt which really ain't much
put a good amount of principal into my house
upgrade my car with a decent down payment

save and invest the rest

This, this, this, this, THIS!

We really got to educate some folks on what a credit score is and Is argue, even go further into how to manage debt.

 

[chineebai]

when I was buying a house, a credit score was useful in the tier of rate you can get, anything over a 740ish is tier 1 at the time which isn't hard to get, just pay your bills on time. They look at your overall credit history, debt to income, your 3 year tax statements, all savings accounts etc, so having money in the bank is much more important. I rather have tier 2 credit and 100k in my pocket than tier 1 credit with $0. It's much more practical for 99.9999% of people.

 

[Kornball The Conqueror]

capitalism it just works

 

[Splash]

Dinner with Jigga >>>>>*

These nikkas aint know
Use the 100k to pay Jay to attend the dinner, walk out with a $500M plan

 

[Fresh Prince of Evil]

You could take the $100k and increase your credit. But I guess the most folks would just keep using cash/debit if they had that much

 

[-DMP-]

These nikkas aint know
Use the 100k to pay Jay to attend the dinner, walk out with a $500M plan

Bleek once turned down a G, to ride with Hov for free

ended up with the long term riches and bytches