What the fuck is this bullshit

>pay debnts on time>no missed payments>clean history>multi decade history>job>multiple loans/credit cardsi pay down my credit cards, and they lower my score. what kind of jewish fuckery is this?

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>>258186727It goes down 1 point every week you spend on Holla Forums

>>258186727>759you haven't sucked enough jew dick obviously.

>>258186835if that were true, my score would be in the high 500s>>258186885apparently paying your debts off early and depriving them of usury shekels angers the tribe

>>258186727You need to keep a balance on your cards.

>>258187236>apparently paying your debts off early and depriving them of usury shekels angers the tribeoh no it does, I wasn't joking at all.

>>258186727The fucked up thing is your score is based on how much debt you have vs how much is available.You’re score will go up if you open a bunch of credit cards with high limits but don’t use them. I recently sold my home, paid off the remaining balance on the house. What happened!? Score dropped. The whole system makes no fucking sense.

>>258186727>gets paid in soon to be hyperinflated currency ala zimbabwe bucksShould be lower.

>>258187450Oh it makes senseJust not for us goyim

>>258186727They like it when you are in debt to them. So they punish you for not being a slaveThat's literally the long, and the short of it.

>>258187236>going into debt in the first placeGood goy

if your score is about 740 it really doesn't matter. also if you are going to buy a home they use a different score calculation than the credit card companies do. auto lenders use an entirely different equation also

>>258186727830 FICO far here. Do you have Visa, MasterCard, Discover, and AMEX?

>>258187450This user is correct. It's called "utilization ratio." I pay my card off in full each month as well, so the credit company kept raising my credit limit until it was something stupid like $50k. I called them and told them to reduce it to $20k (it case it gets stolen, I don't want to be liable for $50k). That cut my utilization by more than half and my credit score took a hit. Kikes.

>>258187788>if you are going to buy a home they use a different score calculationWTF, thats the only reason i have even managed my credit score--was hoping to finally get a home after all this covid shit wraps up...

Did you pay off an account and close it? Part of your credit scor is how much credit you have available. There was a time when I was making

You can only use a percentage of your limit or it gets dinged.

>>258186727if you recently paid off a loan or cancelled a credit card, it goes down. mine went down 100 points when I paid a loan off. it took about 6 months to get back to my original score.

My credit score was garbage for years because I never opened ANY lines of credit. Then I bought a car via bank loan and it went up 50pts. Then I bought a house and now it's like 750.It's great now that I have no need for any credit. Wow my credit score is high, big woop.

>>258187970The score is generally in the same ballpark, but they weigh them differently. A lender will probably care more about your car/student loan payments with credit cards, for example.FICO itself has almost a dozen different versions that companies use.

>>258187946>>258188092my utilization always stays under 10%

>>258187970I think it's FICO 5 that they use. Yes the credit system is some of the most incredible kikery I have ever seen

>>258186727Ha! Cares about his "trust notations" made by scummy companies that just want to keep you in debt. The only reason to have a high credit score is buy a home. If you're lucky enough to do that cash, then fucking do it and opt out of the "how good are you" system. You want to buy something? Save for it. In the case of businesses, that's different.

>>258186727>pointsping ping wahhuu

>>258188056>There was a time when I was makingA-are you okay?

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>>258188831v&

>>258186727It's a debt score, it measures how reliable you are on being in debt. You DO NOT WANT a "good" debt score, if your debt score is high it means you are bad with money. You shouldn't have a debt score

>>258186727>using credit card>not having savings>spending money you don't havec'mon fren don't fall for their kikery

>>258186727i do this for a living, ask awaybtw, this is a vantage 3.0 score not a fico so it literally means nothing

>>258187445Just buy shit with promotional purchases so you can keep a balance but pay 0 interest

>>258187450closed accounts have no bearing on your score until 10 years laterit dropped for another reason

>>258188056R.i.pShoah’d mid sentencePress F to pay respects

>>258188373If you have a better way to predict credit performance (other than excluding niggers 'cause that's a crime), I'd be interested to hear it. Always up for some usury.

>>258189049look, poo, i know you can get the whole village to shit in a pit for a week so you can save enough building materials for a house--but in the good ol'e mother fuckin USA, we have to be good goys so we can buy a house.

We live in a fiatocracy.Our economy is overrun with people who don't want to work, they simply want to lend money to people and get them deep in debt and if the loans go bad they get bailed out by the federal reserve money printing machine. But they get to keep any money they suck out of people. They want everyone deep in debt so they never accumulate wealth of any kind.

>>258187788Fucking Jews - I was gonna buy a house soon and it's always something

>>258186727thats nothing. wait until you apply for a mortgage and the bank tells you your credit score is 30 pts lower than it is. when you ask why they say "oh we have a different system than the one consumers have access to".wtf? how am i not supposed to shoot up a bank when the game is so utterly rigged?

>>258187624you can get a perfect score with 0 debt. what matters is what's POSTED to the bureaus which can be paid off with no interest by the due date (legally 3+ weeks)

>>258187946>case it gets stolen, I don't want to be liable for $50kyou're not liable, the bank is. that's the protection you get vs a debit card which YOU are on the hook for

>>258186727You need a few types of loans, long and short term, think house/school and cc. I had an 820 credit score before I bought my house. The score is a scam and it’s a to keep people in debt, but there are two ways that it can benefit you. Buying a house that has a mortgage less than what it would rent for and using credit cards (pay off immediately) for 100% fraud protection and cash back.

>>258188092highest points is for 1%-9% utilization (aggregate across all cards). second highest is 0% then 10-19%

>>258186727Wheres that from ?

>>258189166How does it work, EXACTLY.

>>258188373everybody switched to fico 8 years ago, and many have gone to fico 9

>>258188510except the part where you can get sign up bonuses (e.g. i made $6k tax free last year with barely any effort)

>>258186727It's precisely jewish fuckery. Not having any debt is bad credit goy.

do non amerimutts have this magic jew score?how do they even apply it?i've never even had a bank account or credit card so would i have one?

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>>258189628that's a huge question like "how does a car work"

>>258189811Top 5 bullet points then pls

>>258189628here is a high level overview. if you ask a more detailed question i can answer it

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>>258189811it combusts gasoline under pressure to convert chemical energy into kinetic energyno explain the jew magic

>>258189811>>258189972it's a algorithmic model which accepts various financial parameters to determine the risk level of a potential consumer

>>258186727>i pay down my credit cardsthat's literally the opposite of what they want you to do, how the fuck is anyone too retarded to understand how credit works?

>>258190052how much of the calculation is kabbalah magic?is having a foreskin bad for my score?

>>258189480>banking with an institution that won't instantly refund fraudulent chargesDo they even exist? I thin they're a boogeyman created by the credit card companies. Most banks will alert YOU when there are suspicious charges, most will auto freeze the card if there are large unusual charges in a place far from your normal usage.>>258189628Do you have a lot of debt? Do you pay it regularly, ideally making minimum payments? Then your debt score is good and lenders will be glad to give you more debt because they know you're a sucker.

>>258186727At 750, don't even worry about it. You're already capped in terms of how your credit score is going to affect any loan you get.

some high level tips. information is power.get on creditkarma. disregard the score. it pulls 2 of the 3 bureaus. look at each part of your report.get on creditscorecard.com (by discover pulling experian) to get an actual FICO score monthly. some credit cards (chase slate, boa cards, citi cards) give you a monthly FICO, but make sure it's a FICO 8 by reading the bottom text

>>258190166>how much of the calculation is kabbalah magic?0. it's just math>is having a foreskin bad for my score?depends on taste and texture

>>258186727>759Get on my level, faggot.

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>>258190272>Most banks will alert YOU when there are suspicious charges, most will auto freeze the card if there are large unusual charges in a place far from your normal usage.yes, this is all based on math again. it tries to determine your normal usage patterns (geographic location, shopping trends, frequency, amounts) to determine if it's you.

>>258190470no bully

>>258190470legit garbage no meaning number... use FICO like everyone in the industry does

>>258190052What are a few of the parameters?

>>258189656Oh ok. The more you know.>>258189299Where I'm from you build credit with your bank based on how good you are at saving money and paying denbts. Only drawback is it only works for who you're banking with unless you're a richfag and a different bank wants your business. So basically,>put money into savings account every time you get paid>maintain the balance>if you take a loan, pay on time every month>do for a couple years>now you have good credit and can get a mortgage from your bank

>>258190373>depends on taste and texturerabbis judge the taste and texture of the circumcised pee pee, not the foreskin you imbecile how can you call yourself a banker and not know this?

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>>258190593Cope.

>>258190470scroll down and you'll see vantage which is the open source version of fico that NO BANKS use

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>>258190470Find a better goy than this

>>258186727What is the fastest way to go from 500 to 800? I need to know. asking for a friend.>>258190470

>>258190676see>>258189941

Do Americans really have social credit scores akin to China?

>>258190685>call yourself a bankeri'm not a banker, but i am fully aware of the methods

pic related

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>>258190776is the 500 a fico or a vantage? if it's fico, pull up your creditkarma and see what the negatives are. fix those

>>258189941Whats the highest score you have seen a goyim get?

>>258186727sometimes, when i'm at one of my paid off houses, a bill collector will call me and i tell them i'd like to pay this bill with 'credit points'

>>258186727>debt-income>overall income>lack of multiple lines for revolving credit>lack of activity on revolving credit linesone or more of these is the culprit

>>258190944850

>>258187251>You need to keep a balance on your cards.^^^This.More specifically there needs to be a balance that hits your invoice (or even more specifically, a balance that's present on whichever date the credit card company reports out to the credit bureaus).You never need to pay interest or have late payments, but if you want to build your score up what you do need is to let the balance stay on the card long enough to be on your invoice before you it off. Otherwise it just looks like you're never using it and always have a 0 balance, which isn't terrible but also doesn't help your score since the whole point of the score calculation is trying to see actual activity suggesting you're actively using credit and having no trouble consistently paying it off. No use means you're an unknown in contrast. It might be you're not using it because you're so responsible but it might also be that they just aren't seeing what your real spending habits are like because you stopped using that account. And in terms of prediction-making the lack of activity tells them to predict a lower reliability for the customer because historical data used for predictions show it's a safe bet someone with consistent activity is going to be reliable while the historicals on people with no activity are not so consistent (makes sense because it's basically you're "I don't know" mystery bag with all sorts of different financial situations mixed together).

>>258190776Paid off one of my credit cards and now I have a much healthier utilization ratio.

>>258190776Get drafted by the NFL

>>258190941

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I guess I'm antisemitic now, this shit is a sin

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>>258191131income has ZERO affect on your score (but still good advice). the rest of your shit is on point>>258191188this nigga is 100% correct. "keeping a balance" only means your statement CUTS/POSTS with a balance. doesn't mean you CARRY the balance to the next month (paying interest), pay that shit off boyos>>258191256let $1 post every month for the maximum score

>>258191494What does cut/post mean? O wise one

>>258191136Is 218 bad? Thats my current score

>>258186727My credit score is -666

>>258187236>paying your debts off early and depriving them of usury shekels angers the tribethis is actually the correct answerif you want to raise your credit again, take out another loan

>>258189404the common goy doesn't understand this. dont bother reasoning with them. they would rather pay 100% than 97%.

>>258191477

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>>258191477>Meme tier credit score.Anything less than 800 is faggy

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>>258191477you're getting there brother. soon you'll be in the club. >>258191571the start/end period of the monthly period that they report your shit to the credit bureau

>>258186727>not enough credit>pay us more you jackassThe credit Jew doesn’t care if you have 750 or 850, they are still going to give you a loan with high interest. Better to pay cash.

>>258186727It fluctuates 5-20 randomly every few days depending on how the wind of the nose blows. Don't sweat it too much. I've done virtually nothing to intentionally build my credit at all and these are my scores now. What I did was this:>get chase freedom card for the interest free period>use it to buy something expensive I had cash for and was going to buy anyway>get one time $250 cash back for spending over x amount>pay it off interest free before 0% interest introduction is over>1-2 years later>repeat with new card>1-2 years later>repeat with new card again>few years later>buy truck I can afford with loan, pay it off in 6 months>repeat again with care credit account for dental work>pay it off before interest kicks inAnd now I'm here. I barely paid any interest interest on my truck and that was only to a small local credit union. I literally got paid to use credit cards and have never paid them a single penny in interest on them. I don't really know shit about how this really works aside from the bssics, I just don't use credit to buy shit I can't afford and I pay everything off as soon as possible. Do not listen to all the retards who tell you to do dumb shit like carrying a balance on purpose or only making "minimum payment * x" nonsense. You don't need to do any of that. It's about the number of accounts you have active, how old they are on average, recent hard inquiries, your payment history, and your total balance vs total credit limit. That's basically it. Also don't listen to anyone who won't show you their credit score. I'm 31 now and only started a of the above at 25.

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>>258191583literally impossible to go below 300>>258191571it's what is on your PDF statement. the day it's generated is when it's cut or posted to the bureaus

>>258191772

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everyone on pol should be over 800. Only joggers have under 800

>>258191477>>258191786not gonna lie, i posted my fico 9 just to compete. my fico 8 is actually 791 due to age of credit being too young

>>258186727its only 5 points. that isn't worth crying over. credit scores are fluid. Youre >720 you are sitting prettier than most americans.

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>a bunch of grown men ITT comparing the number their corporate overlords have assigned to them>being proud that you are labeled like a cow based on what grade milk you produceWow, amerisharts sure are a bunch of nigger cattle

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>>258191188Bullshit. Every time I have a balance on one of my cards when it reports my score goes down. I carried a balance for a while, and once I paid off everything, my score went up about 15 points. I pay off my cards in full every payday. Last week I had a balance around $400, up from about $0 the week before and my score went down 5 fucking points.Credit scores are based on RNG, voodoo, astrology or some other retarded shit. Basically has nothing to do with how you use credit.

>>258187970>WTF, thats the only reason i have even managed my credit score--was hoping to finally get a home after all this covid shit wraps up...They take your yearly income, then multiply it by an industry range stability score to qualify you for a mortgage. So if you work in a very unstable industry the amount they will lend goes down, but if you work in a very stable one like a government union job it goes up. Add in other factors like health, a function from your credit score, state, and so on. But the big one is how much you make and how stable your job is.

>>258186727That just happened to me too. A mysterious 5-point drop to 755. The only thing that's changed in the last three months is that I paid off my car loan.Kikes.

>>258187450Yeah. If you're someone who CAN take out a lot of money but don't, you have better judgement than the roastie who keeps all her credit cards maxed 24/7.

>>258187251This, always have a balance but way more than you need in your account to pay it off easilyenjoy 999 Goy Points

>>258192159

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>>258189049It’s the American way. You have to have a credit history if you ever want to take out a substantial loan eg mortgage or business loan. Didn’t realise how much you had to juke the system to raise your score until I read some of the replies in this thread.

>>258189799we have it in Cucknada, I don't know mine at all

>>258192159Forgot to turn your vpn off you kike.

>>258186727Probably got a notice from your local police that you hadn't been wearing your mask in public

>>258186727I pay my cellphone bill with my CC cause I get free insurance on my phone for lost/broken/stolen that way. So I auto pay my phone bill on the 14th to my cc, my statement ends on the 15th, and then I pay it off on an auto transfer on the 20th as my statement ends on the 21st .Ya gotta jew the jew.

>>258192159>Just pretend you don't live in a society, frens. Whay be such sheeple? I live in a shack on the beach and all my kids are illegitimate! Nigga4Lyfe

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>>258191878general idea here is good, but many falsehoods>how the wind of the nose blowspeople used to think the same about the sun and moon. just bc you don't get it doesn't mean it can't be known>$250 freedom and freedom unlimited were never above $200. normally it's $150, right now it's $200>buy something expensivefuck no>cash for and was going to buy anywayfuck yes>>1-2 years laterlololol, do this 3 times a MONTH. there are many many cards you can get with SUBs (sign up bonuses)you're on the verge of greatness. continue your journey at doctorofcredit.com and churn cards

I don't know why goys are concerned about their credit score. Credit cards are nice in a technical sense but they're mostly a meme and you definitely don't need more than one. After that, the only two purchases you'll ever make that would possibly require credit are mortgages and cars. Cars are inexpensive enough that interest rates aren't a huge deal, and car dealers are more concerned with quantifiable factors like income security, etc as long as your credit score is within reason. Mortgage brokers barely care and mostly use the credit score as a sales tactic- if your credit score is high, they suck you off and make you feel like a genius for getting such a 'low rate. If it's lower, they act like they're swinging you a special deal for getting the exact same rate as the higher credit score guy. Houses are the most easily-repossessed, low-risk item to give a loan on possible.

>>258186727>i pay down my credit cards, and they lower my score. what kind of jewish fuckery is this?Technically not really Jewish but more Anglo.And it's the sound of the American Empire crumbling on the inside.America was way stronger internally in the 50s - 70s before all this credit, fiat currency garbage showed up.

>>258192178here's the real math b/c you left out important thingsyour utilization is based on usage and limits. you only posted your $400 usage. scores are not random.400 / 1000 = 40% usage400 / 10,000 = 4% usageget it?

>>258192212>>258187251>>258191188Don't listen to these retards. You do not need to carry a balance you just need regular activity/payment records. Carrying a balance means paying interest. You don't need to pay any interest to build credit. See:>>258191878Or ask someone else with good credit like >>258192155, I'm sure he will confirm.

I think my credit score is petering off because I slowed down on using credit cards due to covid outbreak?

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>>258187946>asking the bank to reduce the credit available to youare you mentally retarded?

>>258192191there are thresholds for EVERYTHING. inquires for example, have thresholds of 1 month, 3 months, 6 months, 1 year.1 month = -10 points3 months = -86 months = -31 year = 0that's a generalization, but it's how the score works

>>258192808Of course he is, he thinks he might be liable if shit happensworst case scenario they gotta prove that he used the card for this shit

>>258192463Oh so for a functioning society we need to be stamped like commodities by corporate overlords and bankers. I'm sure Andrew Jackson was very concerned with his credit score. >>258192337Eat shit mutt boy

>>258191878>bssics

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>>258187946If you have a higher limit your card is more likely to be declined when abroad, I've found. Another reason not to have a high limit.

>>258189031Literally the only way to get rich is to utilize debt to your advantage in some way

>>258192808>are you mentally retarded?He obviously is. I can't imagine being liable for fraudulent charges. If your card gets stolen, just tell the bank right away and file a police report. After the report gets faxed in (to prove you aren't bullshitting and it's serious enough you'll go to jail if you're lying) they wipe out the fake charges.

>>258192371you can pay it off the next day after the statement. you don't have to wait until the due date. cellphone protection is a baller move btw and it's free

I'm a 18 yo with 0 debts but also no credit, should I build a score or not give a fuck

>>258186727>creditscoreImagine being this much of slave that your masters are giving you goyim-points.

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>>258186727>Tales from the slow lane

>>258192919I only have 1 inquiry in the last 2 years. I paid off a loan that was due to mature in the summer of 2022, so now I have to be punished.

>>258192717truth spoken here>>258192735nothing to do with it. typically for people in this range it's posting $0 across ALL cards when you should post $1

>>258187236>apparently paying your debts off early and depriving them of usury shekels angers the tribeActually this is why it went down. You have to keep a certain ratio of debt on your available credit. If you pay off all debt to $0 owed, your credit score will drop versus if you leave your balances around 15-20%

>>258192484It's just from memory but I could have sworn it was $250. In any case, it's literally free money as long as your not a total retard about it. >do this 3 times a MONTHMy understanding is that frequent hard credit checks hurt your credit score, but I'm not sure by how much. If it's negligible then I guess that could make sense. My main point was that I put very minimal time or effort into building my credit and it's been floating between 750-825 for the last couple of years without ever having any real debt or paying hardly any interest. I've gained way more in cash back then I ever spent on interest. Thanks for the link though, I'll check it out. Plan on buying my first house next, one I can pay off quickly with a very large down-payment, and I know I need to learn a lot before I get into that.Actually on that note, any tips or links for first time home buyers?

>>258190822It rates your credit worthiness. Everyone has them. Including you guys.I used to monitor credit scores daily as my job (on a technical level (watching for no sudden spikes etc.)). What a huge waste of time that was.

>>258187445>>258187236fuck that's actually a thing?

Imagine actually caring about your kike overlord score.It's good living in a first world country where you can get by never having a credit card or debt in the first place.

>>258191878>It fluctuates 5-20 randomly every few days depending on how the wind of the nose blows.it really doesn't

>>258193047facts>>258193072more facts>>258193092get a "discover secured card" and put $150 to open it up. it'll "graduate" after 8 months and you get the $150 back>>258193186>he calls these goyim pointsthis is just one card out of 20

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Just found out my score but it is bad, I have paid my student loan last year however (60$ a month)>>258192717just a small balance moron like less than a hundred bucksI use mine to buy all my shit during the week and pay back on paydays, beats ATM, no PIN>>258192155This, as long you are top-tier and have a good history they can look back into it if you had more of less before

>>258186727If you don't have a minimal amount of debt they can't make money off of you, so you're just as much a credit risk as someone with horrible credit.People with horrible credit don't own things in which to repossess.People who pay "too well" aren't worth giving money to since you'll more than likely be responsible which cost them more money to even monitor your credit score than they get from your interest rates.Welcome to goy world newfag.