I leant that you can use your rent payments to build credit and since I’ve never had any problems with rent payments, it seemed like a quick and easy way to build credit without really changing anything else in my lifestyle.

But it doesn’t seem like many people do this and I’m curious why, honestly it’s only because I just checked my credit score today and it went up by around 20 point in the last 3 months due to this and I was pleasantly surprised so I was wondering if there are other people like me that do this.

How can you get closed accounts deleted I got about three accounts that’s negative on my credit report and I’m trying to get it off it’s holding up my life I made some bad decisions and it cost me dearly just trying to get my life back in order any help will be greatly appreciated

My credit score dropped 10 points in Experian, 14 points TransUnion but 29 points in Equifax (all fico 8 scores)

My score hovered between 750 and 720 before the dip.

To give the bigger picture, in March I got amex gold, April I got both the surpass and Hilton no af, and a month ago I got the aspire (all soft pull after the gold).

My question is why my score dropped way more at Equifax, especially since I did not get any hard pull?

Thanks a lot!

23M I make 31.40 as a mechanic, I have 7k in investments I’d plan to use for closing costs. Last time I spoke to a loan officer, my debt to income was too high. I pay 638 on the AFCU loan and 313 on the prosper loan, which I refinanced what I had through snapon tools for a better interest rate

Im currently in 16 months of a 60 month car loan, my apr is actually 10.49%, not what the photo says. my car note is $566, but they increased it $186 due to an insurance issue so the auto loan company took out insurance on my car, a whole different story. now that i paid off my CPI, it’s back down to $566, but i was wondering if i should go ahead and do this to save money.

my score is over the place, credit karma says my transunion is at 586, but i got a letter in the mail from discover when i tried to do a credit increase and it’s actually 644. experian says my fico is 634, but when i called online they’re saying it’s actually around 610. i did just have a goodwill adjustment from capital one so maybe that’s what it is.

i do have late payments on my apple card from 2 years ago and all my payments have been on time since then. do you guys think it’s worth it to do a refinance or just wait? i am trying to boost my score to a 680 to do a first time homeowners grant by fall of 2027 as well, which i believe is possible.

also the photo is just an example! im still looking around as i know credit karma isn’t the best place and they earn money if i do switch via their site

ETA: my auto loan is already with my local credit union and all the other unions i need a referral by a cop, firefighter or someone in the military !

Hello, to make a long story short, I had a student loan that went into default back in 2019/2020. Sept 2019 was the first date of delinquency. It was written as a charge off and fell off my credit score over the summer.

I just received an email now about it from a Debt Collector. Even in the email it states the statute of limitations had been reached so they can no longer sue for it.

Do I need to do anything, I was basically going to ignore the email (never got anything in the mail).

Thanks in advance!

It’s late as I’m 28 with a low 500 credit score and 5 collections accounts and a 75% on time payment history. I need to fix it. Also do the late payments associated with them also go away with pfd?

Currently I have a line of credit that has hit the 80 day mark for delinquency and I'm in the end stages of scrambling for any options. My largest concern going forward is the continued impact on my score since it has dropped 200 points in the span of 3 months.

One option presented to me today to keep the account from reaching 90 days deliquent and closing was paying a portion of the balance to essentially remove 30 days from the timeline. If I do this, would it then show a second "60 day" mark in my credit reporting? And could that potentially have as large of an impact as it did previously, or could a second 60 day mark from the same account one month later have a lesser impact? Sorry if anything is unclear, I'm more than happy to clarify anything.

After doing a little googling I came across this sub and I hope this is the right place to post this and someone here can help me out.

For two days now I've gotten a text regarding an account with jefferson capital systems from shepherd outsourcing. Both companies I've never heard of before.

The text doesn't have my name and I'm not clicking the link but the phone number seems real (888-251-9830), it also says I can text stop to opt out????

Thing is, I don't have any debt outside of my credit card which I have been regularly paying. My credit score is good and I was part of that big data leak years ago so I froze my account/social right after it happen to keep it from being stolen. I already checked http://annualcreditreport.com and I don't see anything suspicious and all past dept are paid off and closed.

Sooooo what should I do? My parents and fiance are convinced it's a scam but both are real companies.

Should I just ignore the text and wait till they send me something in the mail?

Hello!

Today is the first time I have ever checked my credit score, and it is 633. I have limited credit history (3 years and 11 months), few accounts (only one credit card), have never had a loan (I have always paid in cash for every car I’ve bought), and one collection.

I want to pay off this collection in hopes it increases my credit score, although I have read that just paying off a debt does not delete it from my credit record. My 633 credit score is from a FIGO 8 report.

I know from the report that I owe $333 to a dental lab from last year.

Anyways, I have read that before paying off a collection I should get in writing a “pay to delete” plan. I am not sure how to go about doing this with the dental lab. I am also a bit confused on if the dental lab still owns the debt, or if it is now in the hands of a collections agency. My Equifax report lists the dental lab as the original lender, and the agency name provided is a random set of letters and numbers.

All to say: how to I make sure I can pay off the debt in such a way that it improves my credit score?

Thank you for and advice or help!!

I have two credit cards atm.

I pay off the balance immediately. I have two months with one going on 3, and I’m going on a month with the other one.

Yesterday my credit dropped by 16 points. Im not sure why because I did not request any hard pulls on my credit. I have a feeling that it could be that I overspent about $300 on my Amex card by mistake but I paid it off immediately.

I also believe it could be that I pay my balance off asap and that might have a negative impact on my credit. I am guessing this because I called my credit card provider (Bofa) today to request a credit increase and the rep told me that it would be better to wait until my balance was zero or once I have something on my balance because I will not get the best results with credits on my account.

So I want to ask the community is it ok to pay off immediately or wait for CC providers to ask for payment on app?

TIA!!