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

Hi,

I'm looking to open up a Chase Sapphire Reserve Business as a sole proprietor. I'm currently at 2/24 for personal cards (1 Amex, 1 Chase) but 3/24 if including business cards (1 Chase Ink Unlimited). I understand that since ~Sept 16 Chase has implemented a 3/24 rule for sole proprietors but does it include its own business cards as part of the 3/24 count? I remember looking at the churning megathread but couldn't find an exact datapoint that replicated my situation.

Just trying to see if there's a chance I could be approved or if I would be automatically denied without possible reconsideration.

Thank you!

*I apologize for the cross-posting as I am just trying to get as many opinions as possible

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

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 !

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!

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?

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.

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 am currently chipping away at my debt and the last bit I have is $7,300. This is currently with an Amex account and the 0% APR is ending in November so now I’m looking for another CC to transfer it over to.

I would love to hear everyone’s experiences with the below banks and who may be more likely to give a higher credit balance. All of these are 0% APR for 21 months.

My FICO score is 750.

1. CITI DIAMOND PREFERRED - I have had other citi bank cards in the past and currently remain at 0 balance.

2. WELLS FARGO REFLECT

3. BANK OF AMERICA MASTERCARD

Thanks in advance!

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!!

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?

Rent comes out of my account every month, on time . has for years . I've never had a credit card though , so there's very little on my credit report .

was looking at bright money and saw that it offers rent reporting . didn't know you could those payments added to your credit report though a service .

has anyone used bright for this ?I'm wondering whether paying for rent reporting is worth it when you're starting with almost no history .

My name is on the lease and i have the payments records . Would be interested to hear from someone in a similar situation especially what showed up on your report and how long it took .

Hi everyone, I’m coming here for advice and not judgement.
I am young and stupid, like hardcore an idiot. I have racked up a $3,300 affirm bill that is now at the 120 past due and I’m chipping away at it piece by piece.
I wasn’t in a good financial position and was spending more than I was making and truth be told that is my fault 1000%. I was too loyal to leave my crappy job and now that I finally have I am truly in the hole.

What are my chances are getting my tail sued?
They are all little affirm loans that add up to the balance. And I know I can chip away at them but I know that they can sue me…what are my options here?

Im 18 w/ a 769 score on experian - good amount in savings and pull in $2.5-3k/mo as a new car salesman i get my money via direct deposit

i have two cards open rn with chase and BOA $500 limit and $3.6k limit - what should my focus be to keep improving my score longterm? I keep my utilization low and I'm only opening cards with fat bonuses

should I keep it to my two cards opened? or keep trying to open with better limits so I could utilize more?

I've considered going towards more bank account bonuses too given I get paid w/ direct deposit and its over $1k biweekly

just wondering what directs I can take and what directions I shouldn't take to keep improving my score?

I'm a college student and after paying off a student loan to save on total interest costs, money is tight. My phone is quite old (parts of it aren't even working anymore) and recently I've been looking at options and I found a good phone for $599. However, I don't have $599. I am bringing in about $500 - $600 a month from my campus job but I'm reserving most of it for next semester's bill. My Amazon Store card would allow me to finance the phone over 12 months at 0% APR and the monthly payments would be a little over $50 with taxes, which I could afford. However, I know it's important to not get into debt or carelessly spend money that I don't have. What do you guys think?

I'm hoping that I can harvest the bonuses for their various versions of this card every 5-6 months or so:

Cornerstone bank has it, also Heartland bank, Preferred Bank, Freedom bank, Forum credit union, MIT federal credit union, any others. This one:

Business Cash Preferred Card

$500 cash back

When you spend $5,000 within the first 150 days

$100 annual statement credit

Applied every year to your account after 11 consecutive monthly software transactions2

Has anyone successfully removed this collection company from their credit report do they honor deletion after payment ? there on my credit from a utility company.

Hi! I'm 22 living on my own for the first time after college and I'm trying to fix my credit score. I got a credit card while in school and maxed it out because I was an idiot. I'm just now working on paying it off ($1,200 debt now, was $1,600) and my credit score is rough. Last time I checked, it was 580.
Are there any ways I can work on it to raise my score? I've been making payments of $115 per month for like 3 months now. I haven't been able to just pay it all off but I'm hoping to make a big payment on it soon.
Is there anything else I can do to raise it?
Thank you guys in advance:)

Hi, I’m in the process of separating from my husband who has ruined my credit throughout our marriage. The most recent way was using my social security number to make over $1k in purchases with Affirm, not paying the bills, and letting them go delinquent. He also took out a loan on my car without making sure I wanted to first, and the payment is crazy high. Now I’m left to figure it out. Does anyone have advice on how I can lower this car payment, or improve my credit, or at least get some money to help pay for initial moving costs? Help.

Edit: He did pay the loans off after I insisted. My credit got better but it’s still not great. I don’t want to report him. We have kids and that would just be too much, I don’t want to elaborate. Just separate myself as much as I can and move on

I have an old charge off from 2021 from open sky that’s been sold off is there way to get this removed from credit report ?

Here are my current FICO scores: Experian 713 | Equifax 715 | Transunion 795

I have 3 credit cards, the newest I opened in 2021 and the oldest I opened in 2018. I pay my cards in full every month and have never carried a balance. I keep my utilization under ~10%. I have no loans at all, having paid off my student loans about 6 years ago. Despite all of this, my credit score has hardly moved, even after getting credit limit increases year over year. I have around 40k credit limit across my three cards.

I am so confused and frustrated because I have done all of the right things for awhile now, but it feels like my score is still only average. Any advice on what to do is seriously appreciated. Thanks in advance.

I haven’t always posted here, but I’ve been taking the advice I gained from this group and I have to thank this group for all the advice. Yesterday, my score hit 737 - a year ago, I was at 625. I really buckled down and paid down debts, paid attention to utilization when I did use my cards, and for the first time in a long time, I feel like I have financial breathing room. It’s the best feeling and it’s all from watching this group and using the wins and advice as motivation to keep going. I want to see how I can keep going and get my score even higher. Thank you, everyone!