Nash Commerce
Regular Member
- Jun 29, 2020
- 539
- 862
United States.
400 credit score to 785 in 8 months.
- Thread starter Nash Commerce
- Start date
United States.
jeffro89
Senior Member
- Sep 12, 2015
- 1,193
- 926
Go on then @Nash Commerce , give us tut on how you did...
- Sep 10, 2010
- 11,823
- 26,664
I am at 860 probably. Did not check it for the last 2 months as it would decrease the score (edit: probably not, as it is considered a soft enquiry.. gotta check 
).
The easiest way to do this (without a secure loan) is by using credit cards. Get atleast 2, and use them regularly. Always pay the bills on time. It should take around 5 years to reach the perfect score (account age matters), but still; your score would always remain relatively good.
). The easiest way to do this (without a secure loan) is by using credit cards. Get atleast 2, and use them regularly. Always pay the bills on time. It should take around 5 years to reach the perfect score (account age matters), but still; your score would always remain relatively good.
Last edited:
Wrong.
The us system is completely different. You need to have debt to get a good score.
Other countries have a low cc adoption rate and save much more, which is quite the opposite to the US.
In time payments, no over payments, lowcc utilization of available credit etc... Just sign up for credit karma to get you the basics
Nash Commerce
Regular Member
- Jun 29, 2020
- 539
- 862
You sound very eager to prove someone wrong.
I have no debt and achieved this score.
Car paid in cash and I rent where I live. The rules you just listed are the same rules that apply here. Low utilization, on-time payments, no missed payments. They may vary a little but its the same concept.
They all want to know is how good are you at making on-time payments, how risky of a lender are you, are you trustworthy.
Nash Commerce
Regular Member
- Jun 29, 2020
- 539
- 862
I will be posting soon once I get my current ventures sorted out. I'll probably just make a video and post it here or something.
That is because you have loans = debt.
Try not having any loan and see how that works.
It's a simple fact that you need to owe money to then pay it on time, contest to having tons of cash and no loan etc ever and see what your score is then.
This is all common sense stuff and you can just go read credit karma or any other blog nothing secret here
Nash Commerce
Regular Member
- Jun 29, 2020
- 539
- 862
I do not have any active loans...
You can open a credit card, not use it once, and your score will increase.
D
Deleted member 1433801
Guest
did you have to spend money?
Nash Commerce
Regular Member
- Jun 29, 2020
- 539
- 862
I spent a very small amount.
However, you can achieve similar results without spending any.
D
Deleted member 1433801
Guest
im trying to build mine. the cheapest thing i have found so far is the secured CC and the cheapest one is $50.00. when you have five dependents its hard to find an extra 50 laying around.
D
Deleted member 813988
Guest
How many PMs did you get asking to reveal this magical method?
Capo Chino
Registered Member
- Aug 26, 2020
- 67
- 90
Congratulations. Getting a high credit score is the key to becoming a millionaire, no sarcasm. Get your score up, purchase assets that you can put out for rent and cash in.
You really miss the point, don't you?
- Other countries have far lower CC penetration rate so credit score there is not working the same as in the US. The US you have to open accounts to increase credit score, 0 account and you would never have a high credit score.
Then obviously keep utilization rate low, so duh moment again --> same debt and increase in CC limit leads to lower utilization rate thus a higher score.
In general, this is really not rocket science and simple stuff really. But I am sure enough suckers pm'ing hin for "the secret common sense, very basic well-known way to increase credit score" lol
For anybody that really things this is rocket science:
Just sign up for free credit karma and keep your utilization rate below 10%, do not sign up for too many new accounts (this mainly as it will decrease account age etc)... Really basic stuff you can read on and no need to fall for some promises here or anywhere else.
D
Deleted member 1433801
Guest
So does anyone have any tricks that help boost credit that doesn't cost a lot of money?
I want to know how.