Smart brehs, is there anything else I can do to improve my credit?

[brooklyn_boulevard]

Brehs, I am turning 30 in July. I was just in high school not too long ago. Where did the time go?

My credit is not good


We have all fukked up but this is something I wish I was taught in school

Brehs, give me tips on how I can improve my points because I would love to buy a house one day.

So far this are all the stuff I have done to improve;

Signed up for Credit Karma and disputed cases. Most creditors settled for a lower payment than what posted.

Got myself a Secured credit card that I shouldn’t spend more than 30% I believe right? Then pay it in full.

What else can I do?
One of my boys suggested to add lines of credit. How do I go about and do this?

Also, what other tips can a brother get that Will polish him up?

 

[Smashius Clay]

Get a secured CC.

Sign up for Experian, and use their tool to dispute everything.

Some of your disputes will result in the the file falling off of your report. For the ones that's left, work out a payment plan/get the principal reduced.

Once you're in 700s get 3-4 more CC and make sure you pay them off each month and always keep your usage under 30%.

 

[brooklyn_boulevard]

Get a secured CC.

Sign up for Experian, and use their tool to dispute everything.

Some of your disputes will result in the the file falling off of your report. For the ones that's left, work out a payment plan/get the principal reduced.

Once you're in 700s get 3-4 more CC and make sure you pay them off each month and always keep your usage under 30%.

Thank you

 

[Clay Puppington]

Don't miss payments & keep low utilization

 

[Music Fiend]

Ask a parent or uncle to add you to their CC as an authorized user and let him cut it up so he doesnt have to worry about you using it.

if he has decent long credit history on that card, you'll see it spike up a good 50-100 pts

 

[brooklyn_boulevard]

Ask a parent or uncle to add you to their CC as an authorized user and let him cut it up so he doesnt have to worry about you using it.

if he has decent long credit history on that card, you'll see it spike up a good 50-100 pts

Is there a limit on how many people Can put me in their credit card?

 

[RAX 010]

 

[L&HH]

You're doing all the right things just gotta put the time in. Dispute whatever you can use your secured credit card but pay it off so it's between 10-30% by the statement date. I started this process in October. My credit jumped from 530ish to 650 as of last week's update (6 months). I ended up getting a real cc with a 2000 limit a month ago. When I hit 700 I plan on taking out a small personal loan just to get a different line of credit. It's really just a game of using your credit available and paying shyt off on time and keeping utilization low.

 

[brooklyn_boulevard]

You're doing all thee right things just gotta put the time in. Dispute whatever you can use your secured credit card put pay it off so it's between 10-30% by the statement date. I started this process in October. My credit jumped from 530ish to 650 as of last week's update. I ended up getting a real cc with 2000 limit a month ago. Wen I hit 700 I plan on taking out a small personal loan just to get a different line of credit. It's really just a game of using your credit available and paying shyt off on time and keeping utilization low.

Thank you.

 

[newarkhiphop]

 

[Music Fiend]

Is there a limit on how many people Can put me in their credit card?

No, but be careful. Do with someone you trust completely.

If they miss a payment on it, you will get dinged too. Gotta find someone who will do it for you. Took me from 600 or so off my dumb college moves with my CC, to 690. Now im around 750ish

 

[semicko82]

Download the Self app ASAP
I’ve only had the app for 3 months and my scored jumped 30 points
No bullshyt

 

[brooklyn_boulevard]

Download the Self app ASAP
I’ve only had the app for 3 months and my scored jumped 30 points
No bullshyt

What does it do? Is it like experian ?

 

[Darealtwo1]

Beans and Rice

Sell the car

No Credit Cards

No payments

Give back to god

Growth Stock Mutual funds

 

[Kenyan West]

I went up 150 points in 2020, I was at 530 due to not using credit, having mad collections, credit card debt and not giving a single fuk about it.

Now I'm at 700 after the pandemic had me on chill and super caked up - - so I went over my finances and here's what I did to better my credit:

1) Download Credit Karma to see your FAKO score and note importantly see what's fukkin up your credit so you know what to focus on. I had like 6 collections and my credit utilization was super high. One account had 19 charge offs.

2) Pay $25 for credit versio membership. They go through your account and auto dispute everything negative for you with the right verbiage and put it into a letter you can print and mail to the collection agencies.

That $25 got a collection removed that was a $1.5k and one that was $99 because the collectors didn't respond in time.

3) Download experian app or go to the website, they allow you to see your REAL credit score (Fico) once a month for free from all the agencies when you sign up. You can also pay $30 to see your updated score anytime you want.

4) Most people don't know this but.. most collection agencies now allow you to pay 40-50% of your collection amount to have it removed from your report. This takes about 30-45 days and is on certain collection agencies websites. There's a few, but the only ones I can remember right now is LVNV, and whoever progressive and Comcast uses for collections. ( EDIT - - heres the link : Collection agencies that do PFD - myFICO® Forums - 5675391)

5) The myfico forums are clutch. They teach you everything you need to know to get shyt off your report. For starters Google "myfico" and "collection agencies that allow pay for delete" together to see the huge thread of all the collection agencies that allow you to pay to remove from your report.

6) Once you see your score up, apply for a Discover IT secured card (after pre-qualification) . They are the absolute best. Capital one, TD, whoever are all meh. Discover is the best because they give you your deposit back in eight months and allow you to add more money to your limit easily. I opened my account with $200, now it's at $2500 in a two months.

7) Thicken your file. I also have a capital one secured card, an Amazon prime card, and a credit card from Navy Fed (they gave me 5k even when my score was meh, they the GOAT)

8) Any collections you can't remove, settle so it doesn't report late payment every month, unless it's close to falling off your report at the seven year mark.

9) Clear all debts and throw a cheap bill like Netflix/Spotify etc on your cards to keep your cards active and under 10% of your limits.

10) Finally, keep disputing when you can ( especially after settling an account "this debt was already paid option" ) , don't use cards on BS, keep debt low, keep inquiries low(garden) and you'll be good in no time brehs