Reply
  • Jul 25, 2020
    ·
    1 reply
    Mac Wit Da Cheese

    Doesn’t checking your credit score lower it by 1 point? :sixcards:

    hard inquiries do temporarily, but if you open the credit karma app or some s*** just to see it, it won't

  • Jul 25, 2020

    702 right now

  • Jul 25, 2020
    ·
    2 replies

    750-764

    Would be way higher if my dumbass didn't get my first credit card until two years ago

    Advice to all you youngins that don't know about credit: get a credit card as young as possible (but DO NOT EVER KEEP A BALANCE, of course. Pay off in full every month). Also, never close a credit card account. If there's an annual fee, just downgrade to a no annual fee card.

    It's ridiculous that credit and finances are not taught in a specific class in high school.

  • Jul 25, 2020

    756

  • Jul 25, 2020
    ·
    1 reply

    We need a churning thread btw for the real ones out there

  • Jul 25, 2020
    ·
    2 replies
    Young D

    750-764

    Would be way higher if my dumbass didn't get my first credit card until two years ago

    Advice to all you youngins that don't know about credit: get a credit card as young as possible (but DO NOT EVER KEEP A BALANCE, of course. Pay off in full every month). Also, never close a credit card account. If there's an annual fee, just downgrade to a no annual fee card.

    It's ridiculous that credit and finances are not taught in a specific class in high school.

    Got my first credit card at 18, I'm 20 now and my credit score be a big flex

  • Jul 25, 2020
    ·
    1 reply
    Young D

    We need a churning thread btw for the real ones out there

    Churning on KTT would be hilarious

  • Jul 25, 2020
    ·
    1 reply
    atthepyramids

    hard inquiries do temporarily, but if you open the credit karma app or some s*** just to see it, it won't

    Just to clarify this post for those of you that may not know (I didn't a few years ago):

    Hard inquiries = applying for credit (cards, car loan, mortgage, etc.). These temporarily affect your credit, but it will bounce back a few months later if you don't miss payments/do anything bad with your credit.

    Soft inquiries = checking your own credit. This does not affect your credit score whatsoever.

  • Jul 25, 2020
    shane

    Got my first credit card at 18, I'm 20 now and my credit score be a big flex

    Am very jealous

  • Jul 25, 2020
    Young D

    Just to clarify this post for those of you that may not know (I didn't a few years ago):

    Hard inquiries = applying for credit (cards, car loan, mortgage, etc.). These temporarily affect your credit, but it will bounce back a few months later if you don't miss payments/do anything bad with your credit.

    Soft inquiries = checking your own credit. This does not affect your credit score whatsoever.

  • Jul 25, 2020

    think its in the 600s~

  • Kr0niic ☘️
    Jul 25, 2020

    770+

    just was a co-signer on my moms card and she pays it in full every month lol. got my own card, apartment and s***. that credit score really helped me get the best place

  • Jul 25, 2020
    ·
    1 reply
    shane

    Churning on KTT would be hilarious

    Could definitely lead to some big time mistakes by those that act without thinking on here

  • Jul 25, 2020
    ·
    1 reply

    After, taking out a loan of 20K and Financing 2 cars my s*** fell from 725 to 660

  • Jul 25, 2020
    Young D

    Could definitely lead to some big time mistakes by those that act without thinking on here

    Give them a taste of Financial Independence, Retire Early (FiRE) and that'll be enough, they'll figure out the rest if they really want to

  • 770

  • Jul 25, 2020
    ·
    1 reply
    Senditover

    After, taking out a loan of 20K and Financing 2 cars my s*** fell from 725 to 660

    As long as you can afford all of that and make payments on time you'll bounce back up pretty rapidly.

    That sounds like a huge amount of debt all at once though

  • Jul 25, 2020
    Young D

    As long as you can afford all of that and make payments on time you'll bounce back up pretty rapidly.

    That sounds like a huge amount of debt all at once though

    Ya the 20k was an emergency purchase, my dad really screwed me there.

  • Jul 25, 2020
    throwawayokay

    parents f***ed mine up but i got it back to 608. took em off the account and replaced the cards. gonna try to dispute some missed payments to see what can be done

    Same here, my s*** was f***ed before I even started to care about my score. I've tried disputing on Credit Karma with no luck.

  • Jul 25, 2020
    ·
    1 reply

    if ive never had a credit card before whats my credit score?

  • Jul 25, 2020
    Young D

    750-764

    Would be way higher if my dumbass didn't get my first credit card until two years ago

    Advice to all you youngins that don't know about credit: get a credit card as young as possible (but DO NOT EVER KEEP A BALANCE, of course. Pay off in full every month). Also, never close a credit card account. If there's an annual fee, just downgrade to a no annual fee card.

    It's ridiculous that credit and finances are not taught in a specific class in high school.

    I had somebody older that tried to put me on a while ago but I just wasn't interested.

  • Jul 25, 2020
    Orpheus

    if ive never had a credit card before whats my credit score?

    Sign up for Credit Karma and check it out, you'll have a different score depending on the bureau.

  • Jul 25, 2020
    ·
    edited

    Credit Karma has me at 701, my Chase app says I'm at 702. Used to be around 720 until I had a kid and started having to charge too much s***.

  • Jul 25, 2020
    Frxst

    1000

  • Jul 25, 2020

    793