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Mine has been bouncing around a lot lately from using my cards for new furniture and outfitting the new home, still above 800 so no worries here. I'm sure it will start to climb back up as soon as I pay down these cards in a few weeks.
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Quoted: FICO score is more about how well creditors can make money off you than how well you manage money. They aren't making money off you when everything is paid off. View Quote For reels? That may explain why mine went down 45 points for no reason apparent to me. Other than we have paid most things off and use a CC card for everything and pay it off every month. |
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Quoted: Then why is mine always around 815-830? I am 100% debt free, utilize about 3-4% of my credit, pay off every month, paid off mortgage, no auto loans since 2003, no loans. View Quote View All Quotes View All Quotes Quoted: Quoted: FICO score is more about how well creditors can make money off you than how well you manage money. They aren't making money off you when everything is paid off. I am 100% debt free, utilize about 3-4% of my credit, pay off every month, paid off mortgage, no auto loans since 2003, no loans. |
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I downloaded the Experian app. I was successful in manipulating my score all the way to 849, one point shy of a perfect 850, but I bought a new car dropping it to 840.
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Quoted: Mine does weird drops every 5-6 months usually about 40 points..zero debt, balance payed monthly... https://www.ar15.com/media/mediaFiles/404934/Screen_Shot_2022-01-01_at_6_48_47_AM_png-2224363.JPG View Quote Mines was above 800 for decades. No idea what it is since I retired, don't care, not even looking. |
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The middle class assess their financial situation by credit score #.
The upper class assess their financial situation by net worth $. Haven't tracked credit score in some time, but I do track my net-worth. I don't need or want their money. Indebted men are NOT free |
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Pay off most of your credit card debt before the card closing date...which is roughly three weeks before the due date.
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just checked my credit score and it says 8 i did it with Experian whats the best way of
getting it up to an acceptable level for a car loan or mortgage . |
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If everything is paid off why do you care?
I don't even know what mine is anymore I just pay off my balance every month. |
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I have zero debt and a credit score that fluctuates between 800-830. I have two credit cards and a line of credit. I use both cards for nearly all my purchases and pay off the balances monthly. I mainly use the cards because I get cash back on purchases which ends up being nearly $1000 per year. Use your credit you have and it will boost your score.
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I have no idea what my credit score is so I can't really participate in the one-upmanship and humble bragging these threads bring out.
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Quoted: just checked my credit score and it says 8 i did it with Experian whats the best way of getting it up to an acceptable level for a car loan or mortgage . View Quote 8 or 9 is the FICO version. Your credit score will be a three digit number. Example: FICO® Score 9 based on Equifax data. "9" is not a FICO score. |
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Quoted: I have no idea what my credit score is so I can't really participate in the one-upmanship and humble bragging these threads bring out. View Quote |
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Quoted: I have no idea what my credit score is so I can't really participate in the one-upmanship and humble bragging these threads bring out. View Quote Humble bragging in these threads doesn’t need a credit score. If you don’t know your score , you just say that you buy a new home with cash every couple of years and a new car with cash every year, and act like you don’t know even know why credit scores exist. That is peak humble bragging, and you too can do it. |
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My score is like 569, so as you can see, I'm the envy of all the 568 manlets.
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Quoted: That's nothing. Our local hospital sent me straight to collections instead of sending me a bill for $904 and my credit score dropped from 830 to 700. I got a notice that my credit report had changed and then contacted the hospital the next day and paid it. That was over a year ago and it's only up to 720 now. I was so pissed but no one would do anything to fix it so I'm the one who gets fucked. View Quote Dispute the delinquent hospital payment. Or have the hospital remove it. |
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I wouldn't worry about it. 700+ with a decent income will get you whatever you want to finance within your means. If your trying to finance something outrageously expensive you might need that 800+.
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In was in the low to mid 700’s Everything paid off. This last year opened another credit card. Financed a washer and dryer. Over 800. I know it will drop when i pay everything off again
Its really a debt score |
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750 +/- is a great credit score.
I have flirted with 800, but don't really think it matters. |
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Quoted: 51 y/o, house is paid off, cars are paid off, CC's are paid in full every month. Four weeks ago my score was at 752, today it drops to 744. I am almost out of the Very Good range. What is this nonsense? How do I not look like a great credit risk when it comes to finances? I've not had any hard credit inquiries for financing View Quote Mine dropped from 730 in October to 690 in November....and literally zero financial events had occurred during that time. Got two credit cards with <$200 on each, and all things are paid off (mortgage and car payment paid off in 2020). 25 year history with the same bank. No late bills, either. |
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You pay a lot of money to have a very top credit score. Will that score cost less than the interest you pay on things you finance for not having it? Only you can decide.
Guessing there's a LOT of odd things in those numbers and reports. Mine has for a long time had a credit history of 43 years. I'm 50 I really don't remember applying for credit at age 7. |
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I have some family that works in finance for a few different financial institutions. A credit score around 720 will get you just about the best rate possible from multiple lenders. I was actually surprised when my 800+ score didn't qualify me for any better of a mortgage rate than a 740 would have. That was seen shopping around with a multitude of lenders.
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View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: mines like 525, don't sweat it Op No way. How? https://www.ar15.com/media/mediaFiles/277411/Untitled_png-2225436.JPG Where’s the “What’s hurting you score” screenshot? |
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Quoted: I have some family that works in finance for a few different financial institutions. A credit score around 720 will get you just about the best rate possible from multiple lenders. I was actually surprised when my 800+ score didn't qualify me for any better of a mortgage rate than a 740 would have. That was seen shopping around with a multitude of lenders. View Quote that's the key, 720 I did get top tier from GM FInancial |
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Quoted: Where’s the “What’s hurting you score” screenshot? View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: Quoted: mines like 525, don't sweat it Op No way. How? https://www.ar15.com/media/mediaFiles/277411/Untitled_png-2225436.JPG Where’s the “What’s hurting you score” screenshot? here ya go! Attached File |
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Quoted: Your score isn't used by financing companies like you think it is. It's actually a measure of how much $$$ they can drain from you. Your history shows them that you don't like to keep much debt, so this means they can't extract as much $$$ from you View Quote This. You are no longer as valuable as a squirrel on thier wheels of perpetual debt. |
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These threads are always good for a laugh.
Upwards of 90% of people in this thread are appallingly ignorant in credit matters. Hey, I’m going to head over to the MyFICO forums to ask some technical firearms questions. OP: LIsten to FALARK and ignore the rest of these jokers |
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Quoted: You pay a lot of money to have a very top credit score. Will that score cost less than the interest you pay on things you finance for not having it? Only you can decide. Guessing there's a LOT of odd things in those numbers and reports. Mine has for a long time had a credit history of 43 years. I'm 50 I really don't remember applying for credit at age 7. View Quote Baloney. I had an 850 FICO-8 score for a while and don't pay a penny in interest. For the purposes of your FICO score, a 0% car loan benefits you the same as a 6.9% car loan. And, before you start, I negotiated my price before I discussed how I was paying for it, so the purchase price didn't get bumped to accommodate it. |
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Quoted: I was able to track my score - updates at the end of the month. I knew what took it up, what took it down. Took me two years in an effort to try to make 850. I would be there by now if my last car didn’t take a shit on me. https://www.ar15.com/media/mediaFiles/474231/3B15819B-ACC4-432B-BCE1-2CDA19B97F22-2225152.jpg View Quote Your fixation on your FICO score seems a bit strange. |
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Quoted: Everything is paid off and you pay the cards off every month. Not enough credit/loan utilization? View Quote Everything we have is paid off and the ONLY credit we have is two credit cards everything else was paid off years ago and one of the two is a small limit backup card. We put everything we can on the main card (it's a rewards card) and pay it off every month so no interest and my score right now is 773, |
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