The credit Repair Thread

[LeVraiPapi]

Brehs this needs to be stickied since I'm gonna be dropping and updating frequently.

Do you have Collections ? Old items ? Wanna increase your score ? Have tips about credit building and success stories ? Wanna get a credit limit increase ? This is the thread for you all brehs who are down to come together as brothers and increase our chances to get dem perks. I'll be dropping lots of info but drop advice if this would be better as a group.

@Brooklynzson cook

 

[Commander in Chiefin]

780 score

 

[MikelArteta]

If you owe money and your credit is in the dumper and its been years, don't pay a dime. Even if you pay one cent then the time it will come off your cc report resets.

Example phone bill in collections you owe 2,000. Its been 6 years, after 7 years it will come off your record.

You pay one cent even one cent then it restarts

Get a guaranteed Cc use it and start building up back your credit.

 

[L. Deezy]

Im listening.. lol

 

[ManxOfxThexYear]

One thing i was told to do build up my credit to get my house was to have a credit card, but keep the limit around 15% of the total line and to never be late on anything existing cause anything good will stay on forever, but bad credit falls off 7-10 years.

Also, never co-sign for anyone.

 

[BrothaZay]

If you owe money and your credit is in the dumper and its been years, don't pay a dime. Even if you pay one cent then the time it will come off your cc report resets.

Example phone bill in collections you owe 2,000. Its been 6 years, after 7 years it will come off your record.

You pay one cent even one cent then it restarts

Get a guaranteed Cc use it and start building up back your credit.

whats that?

 

[Dat Migo]

740

 

[HookersandIceCream]

IN!

 

[L. Deezy]

whats that?

think he's saying a secured credit card where you give a company a amount (over 300.00) and they will use that as your line of credit. Its good if that company reports your use to the 3 credit bureau's monthly

 

[MikelArteta]

In the USA they are card secured credit cards

Its a credit card where you give a deposit.

whats that?

 

[ManxOfxThexYear]

think he's saying a secured credit card where you give a company a amount (over 300.00) and they will use that as your line of credit. Its good if that company reports your use to the 3 credit bureau's monthly

Yeah if you got the money you dont need to drop thousands of dollars. I got one and been keeping it under that 15% for a few months and they raised my limit from 404 to 750.

 

[MikelArteta]

Yeah there's no risk on the companies part, since its your money.

But you use it just as a cc min payments etc to build credit

think he's saying a secured credit card where you give a company a amount (over 300.00) and they will use that as your line of credit. Its good if that company reports your use to the 3 credit bureau's monthly

 

[BrothaZay]

Yeah there's no risk on the companies part, since its your money.

But you use it just as a cc min payments etc to build credit

can you build credit with it, while still having unpaid balance on ur banks credit card?

 

[MikelArteta]

Yes.

If you don't miss payments on your other ccs

can you build credit with it, while still having unpaid balance on ur banks credit card?

 

[whatthatthangsmelllike]

how can I get a credit card with no credit? And whats a good credit card to get?