How do i get my bad credit score up?

[nutsy54]

Why is this the goal? If something happens and you have the need for cheap capital, isn't it better to have the ability to access it? Debt is a great thing.

Debt is a stone around our neck. If something happens... I have an emergency fund. The problem with the ability to access debt, is that most people use that ability to go into debt for things that are nowhere close to Needs.

[nutsy54]

Dave Ramsey: "Increase your income, lower your expenses, avoid credit cards whenever possible."

Of course it's gonna work because that's just common sense.

Yet a stunning number of people argue against that advice (including you in post 23 ), while handing over large chunks of their paycheck to mortgage, loan, and credit card payments their whole life.

[Destor]

Hence why there are credit scores: your credit score is a general indicator of risk and your ability to properly manage debt thus be rewarded with more debt at more advantaged interest rates.

Wanting zero credit at all is ultra risk averse, which is fine if that’s your angle. But between wanting no credit and racking up all your debt irresponsibly, there exists an entire realm of sensibility and benefits.

I have no interest in being totally debt free. If I had the money to pay off my mortgages right now, I wouldn’t pay them off.

[ImUTI]

Oh you're right, no one has ever lost money in the market in or banks before. My bad.

Ignore this boomer's advice. It's fine to not have credit or a ton of cards, but to have zero access to credit is beyond stupid.

Gonna agree with this guy. Flat out intentionally not having credit is full retard

[Ramoneb87]

I remember years ago I had to get a secured credit card backed by a $2000 deposit because I had no credit. My score eventually shot it up to mid 700s, though I havent been using my credit card at all and my score subsequently have dropped to 720, 707 and 728 last time I ran a credit check. Legit tempted just to by random **** with my credit card to boost the score

[nutsy54]

Gonna agree with this guy. Flat out intentionally not having credit is full retard

I’ve had No credit score for 4+ years… still waiting for any “retarded” result.

You replied to a post which had NOTHING to do with the post Sillie replied to
He literally said “you’re right” to a statement I never made.

[nutsy54]

I remember years ago I had to get a secured credit card backed by a $2000 deposit because I had no credit. My score eventually shot it up to mid 700s, though I havent been using my credit card at all and my score subsequently have dropped to 720, 707 and 728 last time I ran a credit check. Legit tempted just to by random **** with my credit card to boost the score

Why did you “have to” get a credit card?

[fishnbrah]

buy a car at high interest and pay it off quick before the interests really fukks you.

[fishnbrah]

Flat out intentionally not having credit is full retard

why