▲ 1066 ▼ Also, your credit score drops if you pay all your debts (discuss.online) submitted 1 year ago by bytesonbike@discuss.online to c/latestagecapitalism@lemmy.world 195 comments fedilink hide all child comments
[–] expatriado@lemmy.world 19 points 1 year ago (2 children) just paid all credit cards to zero, FICO 8 went up 16 point, FICO 9 went down 15 points 🤷 permalink fedilink source hideshow 4 child comments replies: [–] curbstickle@lemmy.dbzer0.com 5 points 1 year ago (1 child) Got a new car loan. 20 points up. permalink fedilink source parent hideshow 2 child comments replies: [–] bytesonbike@discuss.online [S] 2 points 1 year ago (1 child) When I was a a young adult, I got a new credit card. The credit check dinged me for 10 points. When I asked why, and how I can fix it, the credit card company support person said, "Just carry some debt." permalink fedilink source parent hideshow 2 child comments replies: [–] curbstickle@lemmy.dbzer0.com 1 point 1 year ago Its a ridiculous system. permalink fedilink source parent [–] ColeSloth@discuss.tchncs.de 2 points 1 year ago (1 child) I keep my one credit card paid off to 0 every month, have never paid a car loan, only debt I have is a mortgage, and my score usually just floats around 825. permalink fedilink source parent hideshow 2 child comments replies: [–] damnedfurry@lemmy.world 1 point 1 year ago (1 child) Basically the same for me except no mortgage, and I'm also in the 800s. Though once you're over 750, you're essentially at the highest tier in every lender's eyes already. permalink fedilink source parent hideshow 2 child comments replies: [–] ColeSloth@discuss.tchncs.de 1 point 1 year ago Yep, and I was at that point years before getting a mortgage. permalink fedilink source parent
[–] curbstickle@lemmy.dbzer0.com 5 points 1 year ago (1 child) Got a new car loan. 20 points up. permalink fedilink source parent hideshow 2 child comments replies: [–] bytesonbike@discuss.online [S] 2 points 1 year ago (1 child) When I was a a young adult, I got a new credit card. The credit check dinged me for 10 points. When I asked why, and how I can fix it, the credit card company support person said, "Just carry some debt." permalink fedilink source parent hideshow 2 child comments replies: [–] curbstickle@lemmy.dbzer0.com 1 point 1 year ago Its a ridiculous system. permalink fedilink source parent
[–] bytesonbike@discuss.online [S] 2 points 1 year ago (1 child) When I was a a young adult, I got a new credit card. The credit check dinged me for 10 points. When I asked why, and how I can fix it, the credit card company support person said, "Just carry some debt." permalink fedilink source parent hideshow 2 child comments replies: [–] curbstickle@lemmy.dbzer0.com 1 point 1 year ago Its a ridiculous system. permalink fedilink source parent
[–] curbstickle@lemmy.dbzer0.com 1 point 1 year ago Its a ridiculous system. permalink fedilink source parent
[–] ColeSloth@discuss.tchncs.de 2 points 1 year ago (1 child) I keep my one credit card paid off to 0 every month, have never paid a car loan, only debt I have is a mortgage, and my score usually just floats around 825. permalink fedilink source parent hideshow 2 child comments replies: [–] damnedfurry@lemmy.world 1 point 1 year ago (1 child) Basically the same for me except no mortgage, and I'm also in the 800s. Though once you're over 750, you're essentially at the highest tier in every lender's eyes already. permalink fedilink source parent hideshow 2 child comments replies: [–] ColeSloth@discuss.tchncs.de 1 point 1 year ago Yep, and I was at that point years before getting a mortgage. permalink fedilink source parent
[–] damnedfurry@lemmy.world 1 point 1 year ago (1 child) Basically the same for me except no mortgage, and I'm also in the 800s. Though once you're over 750, you're essentially at the highest tier in every lender's eyes already. permalink fedilink source parent hideshow 2 child comments replies: [–] ColeSloth@discuss.tchncs.de 1 point 1 year ago Yep, and I was at that point years before getting a mortgage. permalink fedilink source parent
[–] ColeSloth@discuss.tchncs.de 1 point 1 year ago Yep, and I was at that point years before getting a mortgage. permalink fedilink source parent
