🔑 5 Credit Score Hacks to Boost Your FICO 100 Points

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Let's Talk Money! with Joseph Hogue, CFA

Күн бұрын

I destroyed my credit score in 2009 but rebuilt it fast using these five credit score repair tips. 😯 Instantly increase your credit score for free with Experian Boost! Start your Boost here mystockmarketbasics.com/exper...
Your credit score is important even if you don't plan on getting a loan. Your insurance premiums will be higher and you might miss out on a job because of a bad credit score.
That's why increasing your credit score is important for anyone that wants to get their financial life in order. I detail my five favorite credit score hacks I used to boost my FICO score in less than a few months. I was able to get the money I needed at rates I could afford.
No hype or gimmicks here. I'm not trying to sell you my credit score course. Understanding credit scores is one of the most important factors in financial success and I want you to have that power. One of these credit repair tips will even help you get legitimate bad marks removed from your credit report.
Find out how to increase your credit score fast with a few of these tips and then how to use longer-term credit-building ideas to make sure your FICO is where you want it when you need to get a loan. You'll no longer need to ask, "What credit score do I need to buy a car?" These five credit score tips will boost your credit and give you the confidence that your FICO will get you approved.
Here's that debt consolidation process you can use to increase your credit score and manage your debt - peerfinance101.com/complete-d...
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.

Пікірлер: 1 100

@josephhogue 3 жыл бұрын

Getting Started Investing? 📺 Must Watch 8 Simple Steps to Start Investing in 2021! 🤑 kzfaq.info/get/bejne/pbiorcJh2J6bZX0.html

@user-fw2nt6kj2p 3 жыл бұрын

I cannot locate this information on your blog, the list or the infographic you mentioned...

@mikeceballos7023 3 жыл бұрын

Great video as always! I completely agree the current credit system is flawed, but at what cost is this going to be to fix it. For one, like others have posted what government system has ever been smooth and without flaw. This sounds more like less privacy of individual finance. Bank account info and payment history being directly shared to the government. They already know what is reported on end of year taxes. This would allow knowledge of how that money is spent as well. For most people that may not matter but it’s still something to think about. At the end of the day, it’s what it’s. Freedom is far from being free in today’s time. This might make it easier for younger people to get credit they deserve. At the same time giving more credit then someone is accustom to can create problems that could be avoided as well. Because I was in the same situation where my score denied me from great position but I have no worries when I met Hackergold02 on I-g..

@jamesbarber1103 4 жыл бұрын

At 2:50 he actually start talking about the content

@mikeceballos7023 3 жыл бұрын

@naysaynetwork5271 3 жыл бұрын

@@uncletookie9102 its youtube. Get to the point. Lots of self help people on here.

@remokim5066 4 жыл бұрын

My dad has two credit cards and both of them are between 600-620, so I have decided to help him. I currently started learning how credit works and now I understand that it’s very important to have a good credit score in the US. I’m now trying to get a higher limit (currently 500) and teach my dad how we need to get it up.

@chriscarvalho1786 5 жыл бұрын

Awesome video Joesph! I’ve used my credit score to obtain capital that I’ve been able to invest into my portfolio that achieves 60% ROI and accelerate my wealth building machine! It would not have been possible if I didn’t have a great FICO Credit score. Keep up the great videos 😁👌

@missminnos 5 жыл бұрын

So sad to see how uneducated the general public is about credit and life... this should be taught in schools while they still have a chance to have a clean start, and never make the mistakes before they even know how it all works and then try to fix it all.

@josephhogue 5 жыл бұрын

Looks like calls for personal finance classes in school are getting louder. Only a matter of time before it's in the system.

@missminnos 5 жыл бұрын

@@josephhogue I wonder how much louder the creditors will have to get to keep their high interest rate customers to keep their money flowing..

@TessaAndrews 5 жыл бұрын

This is exactly what happened to me. Now I’m trying to rebuild.

@fortyfour6626 5 жыл бұрын

@@missminnos Agreed. Fundamentally, the very fact that we need to use words like "trick" when dealing with paths to better credit make a huge statement as to whats really going on with lenders. Its all a scam to keep people DOWN where they are worth more to ALL involved in this sport.

@missminnos 5 жыл бұрын

@@fortyfour6626 yup.. and that is why ( in my opinion) the formulas for multiple different models of score calculation is hidden from general public. I may be wrong, but just makes sense.

@Dahmer_Jeff 6 жыл бұрын

800+ hack: Utilization is a huge factor. No matter what your limit, keep it under 20% utilization at all times. Pay it in full by the due date. If you have more than one cc, make sure most of them are at zero balance and rotate using each, ensuring that only one or two have balances each month. Don't rack up those inquiries. You don't need more than two or three credit cards in order to have flexibility and use the above hacks to get and keep your 800+ credit score. By the way the above won't work if you don't have a grip on your spending so be sure to have a budget in place prior. Live simple.

@josephhogue 6 жыл бұрын

Great credit hacks dj. Should definitely try to pay off credit cards every month but if not possible then under 20% utilization is key.

@elaguiladorada2014 5 жыл бұрын

brooklyn if i starting out with 300 cc would it hurt if I use the 300 usd and pay off completely as soon as i use it?

@LG-pj4qh 5 жыл бұрын

@@elaguiladorada2014 I have a 840 fico score so I know what I'm talking about. Use only 20 percent of the 300 which will be 60.00. Pay in full each month.

@robertmichael3504 5 жыл бұрын

Lisa Patera thanks to Mr Vlahd for helping me increases my credit score as well

@michaelharris5281 5 жыл бұрын

@@elaguiladorada2014 the hard thing about this is that the credit bureaus see your highest balance, now that may not be held against you, but it is sent to the credit bureaus. the leskovar risk that you can be where look like to the credit bureaus I would say the better. and for the credit card companies you can still get the same desired result by keeping a 30% utilization at all times yes you are making more payments overallbut you are getting that same result of I'm using it I'm paying it off I'm using it and paying it off

@Jack-russell103 5 жыл бұрын

my fico score is 824 key is stay under 20% of available credit and pay it off each month slowly but surely you will get there...if i can do it anyone can!

@josephhogue 5 жыл бұрын

Great credit score! Right on with the debt-ratio, will help improve your FICO and just a good idea to save on interest.

@Jack-russell103 5 жыл бұрын

@@josephhogue its an excellent credit score :)

@ausdlantein 5 жыл бұрын

As long as you dont have any negative remark

@ave383 5 жыл бұрын

Wish that was true. I paid my credit card of completely and they took 44 points from me and no one can explain why.

@barnyard4068 5 жыл бұрын

Thanks!!!

@aznthanh23 4 жыл бұрын

Glad to have found your channel Joe, I was just thinking about consolidating my debt and stumbled across your channel. Just applied with USAA for a personal loan to consolidate some of my credit cards to for a better rate. Keep up the great work!

@fwacfred 3 жыл бұрын

I managed to increase my score 166 points in 10 months by factual disputing, goodwill letters, and pay to delete letters/settlements, and increasing my credit limits and reducing my utilization. I’ve also added utilities, rent, and telecom payments to my credit report.

@hinachow1 5 жыл бұрын

If they agree to remove the remark after you pay it, have them send you this promise in writing before you send a dime. If they tell you they can not. DO NOT PAY.

@Marauder1 4 жыл бұрын

there certain verbal things you need to say when contesting credit like (this contract is no longer valid ) (contract does not exist ) that get them to start taking things off.

@worldwebcyberatgmailcom5792 3 жыл бұрын

Athlenticcyber / is real and best.

@wintsonburon4736 3 жыл бұрын

Am part of the lucky team, thanks to all friends who recommended Zenithcyber1 at telegram to me, it’s real

@dcaprifingerontelegram9596 3 жыл бұрын

thank God the surgery was successful,all thanks to Usacyberworld at telegram.. you are the best

@user-ku3nt2qj7n 3 жыл бұрын

Athlenticcyber telegram is the best for credit score 💯

@jenniferscarlata1603 4 жыл бұрын

Nice video!! The dispute method also works but takes months or years before the credit Agency replies, I tried several times only about two was cleared. I used Credit streamers in clearing my collections and he said exactly the same thing about the collectors not having any proof and his method worked and I have been gaining points ever since. Kept working with this repair company for 2 months, gained about 220 points on my credit score with several collections cleared. I believe there are several ways to fix a bad credit.

@Nordic4U 4 жыл бұрын

Please read my posting on repairing and increasing credit and paying your mortgage off early while saving a fortune in interest....IT WORKS !

@viksingh4584 3 жыл бұрын

I had an installment loan of $6000 from bank.. I just paid it off fully last week and my score DECREASED from 630 to 586.. So bloody annoying !! After research, I found out because this was my only debt. I don’t have any creditcards at all. Hate debt!! Now after advice. I got my credit card for $1000 and hopefully this will help. Credit utilization it is !!

@txcavi 5 жыл бұрын

This is my first time watching your video, first in want to say OOO Rahh Devil. I'm glad I've found you.

@josephhogue 5 жыл бұрын

Semper-Fi Kenny. Welcome to the community.

@kingstonhawkes5148 3 жыл бұрын

What a successful increase of credit score by athlenticcyber on telegram

@BobBrownonline 6 жыл бұрын

Hey Joseph great tips on boosting your credit score! Thanks Just came across your channel and like what you are doing so I am a new subscriber and looking forward to seeing more of your content!

@josephhogue 6 жыл бұрын

Thanks Bob. I'm producing a series on debt payoff exclusively for KZfaq to start mid-June. Really excited to help people with it and what it could mean.

@barryshwartz8594 3 жыл бұрын

I just saw a very ignorant comment he probably doesn't know what am 800 FICO is worth. A FICO of 800 is equivalent to about $100,000 so you know the rest

@elaguiladorada2014 5 жыл бұрын

thanks you sr for this video i am trying to build my credit and this video help me a lot.

@jtepsr 4 жыл бұрын

Good advice, which i was aware of. Thxs

@MicaelaKaibniRaen 5 жыл бұрын

Great information. Good vid!

@user-xm2vn6kt1w 3 жыл бұрын

Ultimatehackweb / telegram is real and best.

@silvermamba5157 4 жыл бұрын

another great video, thank you for sharing.

@user-xm2vn6kt1w 3 жыл бұрын

Ultimatehackweb / telegram is real and best.

@wintsonburon4736 3 жыл бұрын

Am part of the lucky team, thanks to all friends who recommended Zenithcyber1 at telegram to me, it’s real

@chamisaredmond3585 3 жыл бұрын

I really appreciate the credit knowledge you share.

@alexneil9116 4 жыл бұрын

little over 4 years ago i went to a dealership to get a car. the salesman secretly told me i had no credit. he said i have never seen that. so i went and got a secured credit card through wells fargo. used it and payed it off before it was due. little over a year i started to get approved for other credit cards and also wells fargo switched my secured into unsecured. two years ago i went to the dealership and at that time now my score was 690 had the car for over two years and never have i missed a payment on my cards or my car. score now is 770. now just 4 days ago i went and got a differn't car and a credit union took it at 4.99% for those who don't know about credit it takes years to get it up, well it did me anyway. this video is awesome, thank you.

@dwightstjohn6927 4 жыл бұрын

Fortunately in most Commonwealth countries pulling your credit score for renting or hiring is not allowed, as you are not GRANTING CREDIT IN LAW. iN THE USA you can't take a pee pee without your credit being checked. That should be changed, especially when so many real estate THIRD PARTIES want access to your credit score. That's even illegal in the USA but businesses try to get away with it. It's actually against Credit Bureau membership rules, but does not seem to be enforced.

@arnettabosby5100 4 жыл бұрын

Dwight St John So true and I hate that inquiries are a bad thing. Makes you not want to apply for anything.

@Nordic4U 4 жыл бұрын

Please read my posting on repairing and increasing credit and paying your mortgage off early while saving a fortune in interest....IT WORKS !

@harrisonwintergreen1147 6 жыл бұрын

My brother has an 800 credit score... and he's broke. Good credit rating is not always a sign of financial success

@josephhogue 6 жыл бұрын

Certainly Harrison. Not saying a good credit score will mean you'll be financially successful. What it will do is open the door to financial access to get the money you need and rates you can afford.

@robertwilliams9708 6 жыл бұрын

Magaret Anthony is this legit?

@DevinRhode2 6 жыл бұрын

Here's a more complete formula: (Steadily increasing income X Steadily increasing credit score) + Patience + Discipline = Steadily increasing financial freedom.

@abbar1122 6 жыл бұрын

What does that have to do with this?

@Dahmer_Jeff 6 жыл бұрын

I doubt he's "broke" he's simply paying principle and interests payments up the ass that's why he may claim to be broke. He probably has a ton of outstanding credit card balance, and a hefty car payment. His lifestyle is likely financed in other words. If that's the case he should stick to a budget and eliminate unnecessary expenses. His score will continue to be great but he will also have more cash flow at the end of the month to build up a healthy nest egg.

@investingforbeginnerscommunity 5 жыл бұрын

I totally agree with everything your saying here! Thank you for sharing. 👏❤️

@josephhogue 5 жыл бұрын

Always glad to help Johnny. Welcome to the community.

@davidraine5366 4 жыл бұрын

After fixing my credit to a FICO score of 820. I'm yet to see much benefit for my sweats.

@Upracefan 4 жыл бұрын

Utilization on balance carried over is the important factor, you can have a 10k limit card and max it out every month, but as long as you pay it before the statement date, it looks like no use at all.

@mikeceballos7023 3 жыл бұрын

@drewgibson8495 5 жыл бұрын

Smart Man You Are! Thanks Again 😳

@josephhogue 5 жыл бұрын

Nah, I just lived it trying to increase my credit score. Just trying to help others with it.

@mdfarhanahamad54 4 жыл бұрын

Let's Talk Money! with Joseph Hogue, CFA I like to ask you something bro if you allowed me can i get your contact number if you don’t mind please thank you 😊

@worldwebcyberatgmailcom5792 3 жыл бұрын

Athlenticcyber / is real and best.

@wintsonburon4736 3 жыл бұрын

Am part of the lucky team, thanks to all friends who recommended Zenithcyber1 at telegram to me, it’s real

@dcaprifingerontelegram9596 3 жыл бұрын

Am part of the lucky team, thanks to all friends who recommended Zenithcyber1 at telegram to me, it’s real

@sheilawilson235 4 жыл бұрын

God bless you, this is awesome information and very inspiring. Thank you very much 😎

@wintsonburon4736 3 жыл бұрын

Am part of the lucky team, thanks to all friends who recommended Zenithcyber1 at telegram to me, it’s real

@paulgianni 4 жыл бұрын

Thank you for the video! I saw the USMC corporal chevrons on the wall - Semper Fi

@mikeceballos7023 3 жыл бұрын

@duanetv1925 6 жыл бұрын

Loan for a stick of gum....lol that was funny. Great video!

@josephhogue 6 жыл бұрын

Thanks. Nobody ever accused me of being a comedian but I try to make credit scores a little less boring.

@user-xm2vn6kt1w 3 жыл бұрын

Ultimatehackweb / telegram is real and best.

@dcaprifingerontelegram9596 3 жыл бұрын

Usacyberworld at telegram is so legit and affordable

@mwadiyakin-malebo4135 5 жыл бұрын

Thanks for the info.

@stonejames3814 4 жыл бұрын

I need help

@johncarter5843 5 жыл бұрын

Great stuff Boss!

@josephhogue 5 жыл бұрын

Always glad to help. Thank you for being part of the community.

@gionnigriffin2804 4 жыл бұрын

Great info!!

@vh7637 5 жыл бұрын

Awesome video here. Just had to subscribe ♡♡

@user-xm2vn6kt1w 3 жыл бұрын

Ultimatehackweb / telegram is real and best.

@user-xm2vn6kt1w 3 жыл бұрын

Ultimatehackweb / telegram is real and best.

@thepatriotpartyofamerica 5 жыл бұрын

Complaints can be filed online and not all complaints remove stuff on your credit

@mondie4short811 4 жыл бұрын

Omg this was so helpful... thank you 🙏🏾

@josephhogue 4 жыл бұрын

Always glad to help Mondie. Thank you for being a part of the community.

@wintsonburon4736 3 жыл бұрын

Am part of the lucky team, thanks to all friends who recommended Zenithcyber1 at telegram to me, it’s real

@mikeceballos7023 3 жыл бұрын

@itsmilmo 6 жыл бұрын

I liked credit score hack number one! It's a great idea and doesn't cost a thing but can have such a positive result for your credit score. Great video!

@josephhogue 6 жыл бұрын

Thanks Lacey. Yeah, I think that's one of the best and least understood credit hacks.

@ambrosia_333 4 жыл бұрын

Thank you!!

@user-xm2vn6kt1w 3 жыл бұрын

Ultimatehackweb / telegram is real and best.

@MakMonyDOTcom 6 жыл бұрын

I feel he missed on the biggest tip which is getting added as an authorized user on someone else’s credit card. Boost your scores through the roof!!!

@josephhogue 6 жыл бұрын

Good point Quincy. I only covered a few of the credit score hacks that I've used but that's definitely a good one for increasing your credit score fast.

@exoticeyes28 6 жыл бұрын

Hi Joseph, when adding yourself as an authorized user, does it matter what type of card it is? Retail Card vs. Major Card (Visa, Amex etc.)

@panamarubia1283 6 жыл бұрын

MayJune🍸 Best to use major credit cards rather than retail sales stores, yes, it matters.

@juanmendez2942 6 жыл бұрын

Yeah buddies I can testify to that, Andy did a bitcoin and paypal hack for me then wiped out negative reports on my credit score to boost it to 755

@flowersandcandyflowersandc9093 6 жыл бұрын

Because most people won't allow you to do that......its just misleading suggestion so it's good he left it out....

@ms.vel_1359 4 жыл бұрын

Great info. I’ve learned from Dave Ramsey to also Not Pay Utilities on Credit Cards because the CC Companies see you as irresponsible of not knowing how to handle your finances. So he recommends you pay those by cash (debit cards, money orders, or cash). Basically you depend on a CC to pay your month to month bills which makes you look bad. That’s including cable and cell phone bills.

@kengerlitzki2256 4 жыл бұрын

What specific type of dividend stocks would you suggest for a small investor to look into (regardless of how often one would pay out), for a person quickly approaching retirement? Thank you for any feedback! Ken

@safetyhomeloans950 5 жыл бұрын

Hello sir, I’m just curious to know what type of software and hardware your using for your script reading ? Keep up the good work !

@josephhogue 5 жыл бұрын

I use the Caddie Buddy prompter and SimplePrompt on my tablet. There's a learning curve (as you see in these early videos, it's painfully obvious I'm reading) but you grow into it. Stand 5+ feet from the camera and find a good speed.

@dcaprifingerontelegram9596 3 жыл бұрын

thank God the surgery was successful,all thanks to Usacyberworld at telegram.. you are the best

@jesseperez1907 4 жыл бұрын

I tried getting a loan to consolidate my debt. It was difficult but when I explained my math and how I intended to achieve the loan payments I was finally given the opportunity to get the loan, not to mention the excellent credit history I had with my lender. My five year loan will now be paid in three years. I have one more year to go.

@MsLearnandEarn 4 жыл бұрын

Great info thanks!

@kingstonhawkes5148 3 жыл бұрын

What a successful increase of credit score by athlenticcyber on telegram

@lonestarsapper7d 4 жыл бұрын

I took $500 and put it in a cd. Then used that cd as collateral for $500 loan. Then took the $500 loan proceeds and put it in a checking account where the bank automatically withdrew the monthly payment for me until the loan was paid off. I did this twice to boost my score but you can do it as many times as needed.

@patriciaannpayne3859 6 жыл бұрын

I have had a Mortgage Deed in Lieu on my credit report since 2016. 1) How long will it remain on the report? 2) Can it be removed before a set time? Thank you. Ms. P!

@josephhogue 6 жыл бұрын

Hi Ms P. According to FICO, it can take as much as five years to rebuild your credit score after a deed in lieu. The Mark can take as long as seven years to drop off your credit report. You can try to dispute it after a few years to get it removed but it doesn't usually get taken off.

@elsinadorsman7766 6 жыл бұрын

Patricia Ann Payne Yes of course , I hired newedgehackers to get my student loan cleared and had my credit score floating at a 750 . I can’t thank them enough for actualizing what was thought to be impossible. Seek for assistance at newedgehackers@gmail. com

@kjbtrucker2820 4 жыл бұрын

I got the same and with work I went from 528 to 650 in 5 months. Not good credit but by this time next year with same type of discipline I should get between 700 nd 750.

@Nordic4U 4 жыл бұрын

Please read my post on repairing credit & paying mortgages ahead of schedule.

@theofficialmetalmotrmagazi4996 4 жыл бұрын

Patricia Ann Payne 7 years

@sarageralds7038 5 жыл бұрын

Over the past few months i have come to realize that credit can be both a good and bad idea, just try fixing yours and enjoy all the benefits that comes with it. I currently have a credit score of 740 now i look forward to a credit score of a high 800 soon enough.

@josephhogue 5 жыл бұрын

Absolutely agree Sara. It's not debt that's the bad thing, it's how you use it. Having a good credit score can help in a lot of situations.

@willamsrosemary4602 5 жыл бұрын

Hackers are everywhere, I've gotten ripped once, looking out for a good credit repair specialist

@fifofififo 4 жыл бұрын

Jorge...where is Berdey located? Im in Massachisetts USA .... I sent an email but no response. Seems like maybe not legit....

@robmabin6792 4 жыл бұрын

Sara I need help with my credit. How did you build your score this high?

@gmiros2001 5 жыл бұрын

Very informative video! Thanks! Is it still possible or is there still a chance to dispute a collector acct (Midland) even if its in the process of going to court?

@josephhogue 5 жыл бұрын

It would be hard to dispute it but you can negotiate to keep it out of court. Creditors don't want the extra court fees and hassle so they'll usually negotiate up to the last day.

@gmiros2001 5 жыл бұрын

@@josephhogue Ok, thanks for the reply!

@dcaprifingerontelegram9596 3 жыл бұрын

thank God the surgery was successful,all thanks to Usacyberworld at telegram.. you are the best

@carlbarges6776 6 жыл бұрын

Good to go Devil Dog. Rah!

@josephhogue 6 жыл бұрын

Semper Fi!

@carnita523 4 жыл бұрын

Thank you

@johndavis6719 5 жыл бұрын

My credit score is bad because of Student loans gotta get them fixed.

@ruskovjones1668 5 жыл бұрын

Legitspysolutions@yahoocom has been my backbone for years in fixing my credit issues.

@stylefoodwithlaila4914 4 жыл бұрын

Great review

@DemetriusOnTheMove 4 жыл бұрын

love your videos

@worldwebcyberatgmailcom5792 3 жыл бұрын

Athlenticcyber / is real and best.

@TheCurlyFitChicOriginal 5 жыл бұрын

Consolidating is only an option if the interest rate will be lower than what you are paying for the credit you want to consolidate. Otherwise you are paying the same amount if not more. I'm surprised you did not mention this in your video. This is crucial.

@ReMz10184 5 жыл бұрын

Ummmm.... credit cards run in the 14-33% range. Surely any debt consolidation loan is less than that.

@troubledsole9104 4 жыл бұрын

@@aldoogie824 The problem I see is you are still falling into the trap of using and adding credit cards when you apply for a new one. Having a non-cc debt as opposed to all cc debt is a good direction and reflects better on your credit report. It is best to get away from acquiring debt using ccs. Live by the mantra, if you need a CC to pay for something, you probably can't afford it. I am only speaking from my experience.

@kniteryder6274 4 жыл бұрын

How can you get a loan to consolidate your debt when you qualify for one becuz of bad credit. It's just hard to raise the score but easy to lower

@kimberlysimmers7643 4 жыл бұрын

@@aldoogie824 ... part of your score is length of credit.. if you transfer you are trading the long-standing accounts for a new account and that will make your credit score drop

@kniteryder6274 4 жыл бұрын

Yeah I paid off 2 cc and have 2 more to go. Anyway those 2 cc with the 300.00 balances they dropped me becuz of being late which is fine with becuz I was gonna drop them anyway. So now all I have to do is pay them off and it's all good. It may not look good on paper but at the same time those low limit cc are bad for your credit anyway

@RachaelLyn 6 жыл бұрын

I'm a Dave Ramsey fan, who says having a credit score doesn't matter. This might be true if you don't have a score at all, but having a bad score is way worse. As long as I have loans out, I'll have a credit score, and it'll be a while before I finish paying everything off...in the meantime I'd like to up my score as much as possible - without actually going further into debt. Thanks for sharing!

@josephhogue 6 жыл бұрын

Thanks Rachael. Yeah, I like most of Dave's advice but some of it is way off (especially the investing advice). Avoiding debt completely just isn't realistic for a lot of people and can hurt them if they never build up a credit score for when they need it. Thanks for watching, hope it helps increase your credit score.

@YUMMAEH1 4 жыл бұрын

Thanks for the tricks

@aliyudanboyi6453 4 жыл бұрын

Wow thanks ray for helping me increase my credit score :)

@deloriserwin5659 4 жыл бұрын

I did use the services of a programmer and analyst called Royson Brandon from Credit Master Fix LLC to get rid of student loan, debts, bankruptcy and hard inquiries off my credit report and my score was also boosted to 790+ within a short period of time. You can get to him via [Royson@creditmasterfixllc.com] if you're in need of any credit help or advice.

@dcaprifingerontelegram9596 3 жыл бұрын

thank God the surgery was successful,all thanks to Usacyberworld at telegram.. you are the best

@nsmooth002 5 жыл бұрын

Credit utilization is the big secret! 🤫 I was able to grow my credit over 800

@noulexumas5124 5 жыл бұрын

Please, give me the cyber Hangout ID...is he on Hangout?

@klevdavful 5 жыл бұрын

Plain and simple. And if you only make 35k a year no down payment trying to get approved for a 250k house and u got a car note and medical on your report that's a denial waiting to happen even if your score is 700

@Nordic4U 4 жыл бұрын

Please read my posting on repairing and increasing credit and paying your mortgage off early while saving a fortune in interest....IT WORKS !

@ewlinitis 5 жыл бұрын

I wish I could close my Amex Gold card which charges me a fee every year , a fee with perks and services I really do not use. If you'r wondering why did I get it, well I was very young and knew very little about credit cards then. They accepted my request right away and off I went. Now , since I do pay a fee on that card and I've had it for such a long time, it is one of my most used cards and oldest credit history cards. So closing it at this point will most likely hurt me a great deal, but I sure wish I could close it to not have any yearly fees . My credit is excellent as it is, so I don't know if closing it will even matter much to my credit score just my history. Your thoughts/ what woould you do?

@josephhogue 5 жыл бұрын

Great question and one I struggled with on an American Airlines citi card. In your case, I'd say close it but try to do it at least six months before you'll need to use your credit. Your score should have pretty much rebounded by then. Another option is to call and tell them you're going to cancel unless they waive the fee (might not work every year but should get you at least one year). No reason to pay annual fees to a credit card.

@ewlinitis 5 жыл бұрын

@@josephhogue Yes I think I will eventually be closing it, thanks much . I have other cards just as old as that one so my credit history should be very good still. I've ownd and sold a home plus had a few cars that are fully paid off. Thanks again J.

@newyorkmedicalmarijuana4711 5 жыл бұрын

ABSOLUTELY DO NOT CLOSE YOUR ACCOUNT THAT WILL CHANE THE LENGTH OF YOUR CREDIT HISTORY which is 30% of your FICO Horrible advice I am 34 and have a 813 fico that took me 13 years to get Do not close an account

@ewlinitis 5 жыл бұрын

@@newyorkmedicalmarijuana4711 thanks , I'll just continue using it then . Glad you answered on time , was about to do so in a couple of months .

@ctbt1832 4 жыл бұрын

There are so much savings with Amex that your fee can be nothing or next to nothing. Try to down grade it

@onebillionthcontentcreator 4 жыл бұрын

The link to “21 Credit Score Hacks” has part of the article listed there and the info graphic is for something like “5 Ways....etc.”

@annettenorris412 6 жыл бұрын

Thank You ♥✌🏾✊🏾

@petergates2531 5 жыл бұрын

A lot of people facing different challenges with credit scores its either reduced or declined its really terrible. why sometimes people prefer total cash living.

@markarntson5039 4 жыл бұрын

Yes as my wife and I have to resort to. Just paid for 2 acres of land and using cash to slowly build a home. Now I'm playing the credit game to get the lowest score of 0. That's my goal now. That means I will have 0 debt right?! Lol

@astrophotos8368 4 жыл бұрын

I’m 19 and my fico is 713. I started only 5 months ago.

@pinkelefant4ever 4 жыл бұрын

Keep the it up. Same with retirement plans. Start young and you can retire young.

@denzelnathan3045 4 жыл бұрын

Start you OWN business

@morpheus6749 4 жыл бұрын

Who's telling you your score is 713?

@astrophotos8368 4 жыл бұрын

@@morpheus6749 TransUnion. It's at 738 now.

@morpheus6749 4 жыл бұрын

What I meant was who is providing it to you. Very likely you're not paying TransUnion to get your score. It's more likely that you're getting it from something like CreditKarma or a free service from a credit card like Discover. That being the case, you're not getting the version of FICO that lenders use but rather the more generous version that virtually no lender or creditor uses. You do realize that are many different versions of FICO, not just one. There are also other credit scores that are not FICO at all, just in the same general range as a FICO score, which can easily be mistaken for a FICO score, and again, which aren't used by any lenders. Those scores get their data from the same three credit bureaus (i.e. TransUnion, etc.) but use very different formulas to come up with a score. A 19-year old is not likely to have a FICO score of 738. Not the real, lender version anyway.

@djtarif2177 4 жыл бұрын

Wow really amazing video, i like that very interesting brother has an 800 credit score... and he's broke. Good credit rating is not always a sign of financial success

@ErikPT 3 жыл бұрын

Joseph it’s time to update lad, FICO and Vantage score are going to change again. I use Self Credit and it’s slowly building up my score from 640-680 and I paid two collections

@basketballgod2791 5 жыл бұрын

consolidated my student loans and score shot up 40 points

@instagramverification9958 5 жыл бұрын

No more worries about your low credit score. Contact johncorey102 on Instagram he increase my credit score and clear off my debt !!!

@LovelyyAubrey 5 жыл бұрын

Basketball God when should you start paying off student loans

@mariajohnson4667 4 жыл бұрын

With Micheal(at)creditmasterfix c o m you should have no worries about boosting your credit score. He is very dedicated and hardworking and also very straightforward. He fixed my credit permanently in few days , his services are highly reommended.

@mindbendingtopten2937 6 жыл бұрын

What if the credit card company closed my account with a zero balance (my deposit) does that look bad to other lenders? Also how to get a negative mark removed that you already paid in full, but is still on my score with a zero balance?

@josephhogue 6 жыл бұрын

Getting any account closed will lower your average age of accounts. One account getting closed isn't too big a deal unless it's your only account so I wouldn't worry too much about it. It will be tough getting the bad mark off your account after paying off the debt but you can do it. I actually have a debt negotiation video coming out today that talks about it (will go live at 11am eastern).

@akoritamaradenyefalucky6038 6 жыл бұрын

if you wanna increase your credit score at really affordable charges contact on Instagram @crystal_hacker to get the job done.

@jedemrich5383 Жыл бұрын

Well explained, sir

@wardencobb7442 4 жыл бұрын

I need to try step 1 unfortunately... I ordered my reports and I'm going to do what you said. The account is closed and 6 years old. 🤞🤞 I might have to try step 4.

@wayneG68 5 жыл бұрын

Walmart issued me a new chipped card and closed my old swipe card. This affected my score by 20 points because THEY had closed my first account and issued me a new account. walmart/synchrony bank closed that account and issued me a new one. I disputed which dropped my score more. They said it's not possible but it happened and it took me a month or two to go up but it went up less then the lost points.

@josephhogue 5 жыл бұрын

Disputing something on your credit score won't drop your score. There might have been something else that hit it at the same time.

@wayneG68 5 жыл бұрын

@@josephhogue that's what they said when I disputed my credit score drop. The only issue is that I have maybe 3 or 4 accounts and only Wal-Mart/synchrony Bank was the issue then the dispute was the other issue. I religiously monitor my score. Thanks for the great info by the way.

@Nordic4U 4 жыл бұрын

Please read my post on repairing and increasing credit and paying your mortgage off early while saving a fortune in interest....IT WORKS !

@brandiphillips5775 4 жыл бұрын

My score is currently 580. I have debt in collections from when I went through a a hard time. I recently got 2 credit cards and a secured loan to bring up my score. My score has gone up almost 60 points in 2 months.

@emailadmin6811 4 жыл бұрын

GINA also helped me

@brandiphillips5775 4 жыл бұрын

@@oliviajohnson7457 No thanks, I can do it myself.

@tomc8157 4 жыл бұрын

@@brandiphillips5775 Oh come on, gina@creditmasterfixxllc seems totally legit, "wink wink". I did the same as you, got a $500 limit card and was at 5 something, 8 months later I'm 6 points from 700.

@kniteryder6274 4 жыл бұрын

I have 2 credit cards and cannot get an increase on either of them

@maxinejones4611 4 жыл бұрын

@@kniteryder6274 l I did use the services of a programmer and analyst called Royson Brandon from Credit Master Fix LLC to get rid of student loan, debts, bankruptcy and hard inquiries off my credit report and my score was also boosted to 790+ within a short period of time. You can get to him via [Royson@creditmasterfixllc.com] if you're in need of any credit help or advice.

@morpheus6749 4 жыл бұрын

Debt collectors will not only NOT remove the derogatory entry from your credit file - *even if you pay off the debt* - each time you contact them about it they reset the date of the entry, which means it's like a brand new stain on your credit that'll stick around for *7 years from that date.* And as far as your credit score is concerned, the difference between a paid off stain and an unpaid stain is tiny. Both kinds will impact your score about the same amount. But the biggest mistake you can make is to contact a debt collector to either discuss payment or beg them to remove the entry from your credit. All you do is screw yourself in the process.

@sneakerjacker6371 5 жыл бұрын

thanks man im trying to get into financial freedom and credit

@josephhogue 5 жыл бұрын

Always glad to help and welcome to the community. Doing a few videos on great side hustle ideas that might help, kzfaq.info/get/bejne/oNSpf6emsJm7daM.html

@Cesarsnikes 4 жыл бұрын

would my mortgage and car loan also fall under debt to credit utilization?

@josephhogue 4 жыл бұрын

Generally it's only revolving debt so things like credit card and HELOC

@sazzamittendorf1651 4 жыл бұрын

What is the company close your account because you are not using the card. Because they are 100 miles away in an other town.

@josephhogue 4 жыл бұрын

I'd just let them close the account. Won't be an issue on your credit after six months though it might drop your score at first. Not worth the hassle to use the card if it's that far away.

@derektyner5368 4 жыл бұрын

Good stuff

@robertspencer8662 4 жыл бұрын

Thank you for the great video

@josephhogue 4 жыл бұрын

Always glad to help Robert. Thank you for being a part of the community.

@wintsonburon4736 3 жыл бұрын

Am part of the lucky team, thanks to all friends who recommended Zenithcyber1 at telegram to me, it’s real

@ekp-g205 6 жыл бұрын

Yeah...I was ignorant to pay attention to people who told me to cut up my credit cards and only use budgeted amounts of cash. I did that and my accounts either closed for non use or I cancelled cards. That and one collection agency screw up has me with horrible scores. Starting over at old age sucks. Wish I would have spoken to someone smart who knew the tips to make credit work for me.

@josephhogue 6 жыл бұрын

This! This is what most debt free gurus don't understand. If you close your accounts or just don't use them, they drop off your credit report. That lowers the 'average age of credit' on your report and destroys your FICO score. Good luck getting a loan or anything after that.

@StefanieOConnell 6 жыл бұрын

My biggest barrier to high credit was always length of credit history. Thankfully, I'm now 10 years out of college and have built up my history, so my score finally broke through to the 800s. I've always been sure to keep that oldest card in good standing.

@josephhogue 6 жыл бұрын

Totally Stefanie. I've always thought the credit scores were a little unfair to younger people, like FICO should have something that calculates credit scores differently by age. You can be great managing your credit and debt but get no love on credit scores if you don't have that length of credit history.

@bigearl8687 6 жыл бұрын

Let's Talk Money! with Joseph Hogue, CFA why is it that I can't see my experian credit score? Or is it one at all...

@josephhogue 6 жыл бұрын

Seeing the credit score from a specific bureau isn't quite as important as seeing the credit report from each. Your score at each of the three bureaus will be about the same, especially if the stuff on each report matches up. Experian is notorious for making it impossible to see your score. Most credit cards that offer a free look at your FICO use TransUnion. I would focus on finding your score from one of the others and getting your credit reports from each.

@bigearl8687 6 жыл бұрын

Let's Talk Money! with Joseph Hogue, CFA thanks .....I know my scores from trans union & Equifax, but Equifax has 2 closed accounts on it both over 5 years, it only allowed me to dispute 1 of them,& the other 1 it said that my information didn't match there's, I'm hoping that they see it's closed & I paid it off back in 2012 .that is what Equifax is showing. trans union has nothing on my report negative..so I'm thinking that's why my score is 685 with them & 585 on Equifax....

@bigearl8687 6 жыл бұрын

Let's Talk Money! with Joseph Hogue, CFA my credit report is good,my score is 685 with trans union & Equifax is 645 ..I have a problem with something..on my trans union report every thing is good, Equifax is showing a car I had bk in 2010 I had repo,but I got it bk & paid the car off..it says the account is closed and paid..it want let me dispute it to take it off my report, it says my information didn't match there's..my question to you is how do get that off my report? again it's not on trans union, but is on Equifax..

@josephcecilhornesmithjunio1426 5 жыл бұрын

💟Beautiful!‼️And More❗️

@josephhogue 5 жыл бұрын

Always glad to help. Thank you for being part of the community.

@worldwebcyberatgmailcom5792 3 жыл бұрын

Athlenticcyber / is real and best.

@wintsonburon4736 3 жыл бұрын

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@dcaprifingerontelegram9596 3 жыл бұрын

Usacyberworld at telegram is so legit and affordable

@m.a.c.4469 2 жыл бұрын

Joseph I have a dilemma. My good credit has dropped tremendously over one credit card I failed to make on time payments on. Now my card has closed but I still owe over $5,000 how can I go about this? Try to Settle ? And how much should I offer? Will that save my credit ?

@LovettbalngoodsLLC 5 жыл бұрын

What if you don’t have debt or any of these loans or things going on, how do you build your score from there? & a better FICO score? I already open two things unsecured credit cards 💳. I use them to make small payments every month. Now what?? HELP!!!

@josephhogue 5 жыл бұрын

Using any type of credit card will help build your credit score, just make sure you're paying them off each month.

@johnmbates5815 5 жыл бұрын

You do need to talk with a credit repair professional. I know of someone who you can talk to and you can ask him questions if he can help with your situation. He charges reasonable fees but he will tell you if he can help you or not. If he does not there is no charge. Take a chance. Also, you may need to know that owning a home now is less expensive for you than renting. If you can solve this problem and re direct your goal to owning a home - that will be more beneficial for you in the long haul. contact (COMPUTERSPYEXPERTS@GMAIL. COM) or text (859) 780-3779

@fredrickallen855 5 жыл бұрын

Credit repair success is one good thing that happened to me this year and I’m very grateful to PROTON who made it possible. I am a single Father, I had collections, late payments and my credit score was 520, it’s so tough trying to get a car loan, my truck broke down and it’s too much to fix it’s a 2008 and 287,000 miles and needs 3,600 worth of work and it’s not worth it. I have been renting and this is so much cost on me so I decided to look for a means to fix my credit so I can get approved for a car loan. I came across Proton on a reliable credit site which listed his email PROTONVIRUS123 at TECHIE dot COM, +for any kind of credit help. I emailed him and to cut the story short PROTON came through, he deleted all the negatives and raised my score to 812. Email him now and have your credit fixed in a short period of time.

@areeskinwar7274 5 жыл бұрын

I see people are saying stay under 20% of the limit each month, i was told it was 35% 12 years back, that was in Canada.....is it different elsewhere or has it changed or was i told wrong ?

@josephhogue 5 жыл бұрын

I've always heard 30% so I don't think it's really a set limit but under 20% to 35% I think is a good idea. Credit card debt really hits your score in more than one way (it's also on there as revolving debt, which FICO doesn't like). Best to pay off as much as possible.

@hermansmith5267 4 жыл бұрын

He makes some good points.

@bobbyb3535 5 жыл бұрын

My Fico Scores: Equifax: 850 TransUnion: 799 Experian: 831. Utilization: 1-2% On the side note: Transunion declined my written request to remove a few hard inquiries.

@josephhogue 5 жыл бұрын

Did they provide any reason for why your request was denied?

@bobbyb3535 5 жыл бұрын

@@josephhogue Thanks for your response! TransUnion sent me a "generic-looking" response, stating that "all inquiries remain on the credit report for two years. Also that the identity of each company by trade name and contact information is provided.My written authorization may not be required to constitute permissible purpose, so if I believe that an inquiry was made without permissible purpose, I need to contact the creditor directly." Something with this letter doesn't add up to me. A lot of people were successful removing multiple hard inquiries from their credit report. This letter is a "brush-off" type of letter. Unless I'm wrong.

@josephhogue 5 жыл бұрын

Definitely sounds like a template letter. It might be the one they send out first to see if you send another and then they get serious. By law, they have to investigate any disputes on your report.

@bobbyb3535 5 жыл бұрын

@@josephhogue After thinking about this... I'm ashamed to admit that I realized what a dumb mistake I made. I need to send the hard inquiry removal request to the Creditor FIRST...not the Credit Bureau (in this case TransUnion). I sincerely apologize. P.S.: I wish I could be wrong.

@noetorres4092 5 жыл бұрын

What if our credit score is too low for a personal loan ? To consolidate credit

@josephhogue 5 жыл бұрын

Definitely a tough one. I was able to get a consolidation at 560 and barely squeaked in. Might be able to get approved for a lower amount and shorter-term (usually easier to get). Pay off that first loan and it's easier to get a larger loan for longer even on lower credit.

@xboxboy6329 5 жыл бұрын

Why does my fico score, and trans union have a different score what does it mean when one is way higher then the other ?

@josephhogue 5 жыл бұрын

Creditors don't report to every bureau so you might have some loans or credit reporting only to one. Your three scores from the credit bureaus should be pretty close but they'll rarely be exactly the same.

@annabethholliegriffith7285 3 жыл бұрын

Prior to 2020 I was not using credit at all I paid off last car loan in 2004...One of my sons has a 750 fico score he added me to his capital one and his target and nordstrom as his authorized user...When he did that I knew from bank management I was dealing with three different banks...6 months later I went to those banks on my own and got major credit cards master cards and visa.example nordstrom cards are TD bank, Target TD bank..Tjmaxx is Synchrony bank...A year later Im sitting at a 740...Anything I buy I pay back at end of week...Now I carry a 1 percent utilization rate on 15k worth of credit....Im getting ready to retire and was approved for a 300k house I wont buy in North moving to FL...I fixed my own credit using the best AnonymoussolutionX🟢ORG to fix it and Im currently fixing my friends and single mom at local gym...Walmart is capital one...it used to be synchrony bank who is a bank I started with through tjmaxx they are easy to get all you need is a 640 score ...I got 5k from Amazon 6 months later..

@marilyncruz1030 4 жыл бұрын

I have been in my same residence 23 years,I when I requested my credit report I saw an address that I’ve never lived in. After I dispute this will my credit rise?

@josephhogue 4 жыл бұрын

Probably not if it was just a wrong address. Doesn't hurt/help your credit unless there are judgments on the address against you.

@10MinutestoRouletteFortune 5 жыл бұрын

I think politicians should have their credit record pulled too and it must be over 800

@josephhogue 5 жыл бұрын

I don't think there would be many politicians left.

@catherinerodriguez3315 5 жыл бұрын

Lol

@LifeX2Find 5 жыл бұрын

Oregon's Lonewolf … haha They couldn't even pass a 'drug test', much less, have an 800 credit score!! That's probably why they're always snockered!!

@worldwebcyberatgmailcom5792 3 жыл бұрын

Athlenticcyber / is real and best.

@wintsonburon4736 3 жыл бұрын

Am part of the lucky team, thanks to all friends who recommended Zenithcyber1 at telegram to me, it’s real

@chrisacevedo8456 5 жыл бұрын

741 baby !

@josephhogue 5 жыл бұрын

741 is a solid FICO. Great job!

@mindakahn9964 4 жыл бұрын

Funny how I managed to do this myself. 2 points. Pay off your bills, don’t buy stuff. It’s all stuff, and when you die your kids won’t want it.

@marywilliams7977 5 жыл бұрын

If you ask for increase on your credit cards will that be a hard inquiry on your credit?

@josephhogue 5 жыл бұрын

Usually a soft-pull. It's similar to how the credit card companies pre-approve you for offers.

@southengirl1 5 жыл бұрын

Thank you! 😉...nice bow tie!

@SanctifiedLady 5 жыл бұрын

if you have a limit of 10,000 and owe 5,000 that's 50% of the balance and over the 30% which makes you a risk. You can only spend

@josephhogue 5 жыл бұрын

Love the trick for that quick financial boost to credit score. One of the few credit score hacks that works immediately.

@asdfoio 5 жыл бұрын

I think he knows that. I think he was comparing a 100% utilization person to a 50% utilization person and how a lower utilization would look to a creditor in general and not specifically whether 50% utilization is objectively good or not.

@krachinlertsiritrakul5567 4 жыл бұрын

thank you best tutor

@larrybondar1395 4 жыл бұрын

I made my credit jump up 199 points up in a month from 514 to 713 then to 760 the following month. It’s pretty simple. Just find someone with a high credit card $50,000+ with less than 10% used and have them add you to the card as a user.

@maxinejones4611 4 жыл бұрын

@rickyjencks6498 5 жыл бұрын

811 score 💪

@josephhogue 6 жыл бұрын

What's your favorite credit score hack? How long did it take to boost your FICO?

@johnmaxwell3595 6 жыл бұрын

Hi Néed.Help with Raisin My Credit Score So I Can Buy A House Can U Help Me Out Please? Joseph Hogue?

@enriquemartinez4790 6 жыл бұрын

Let's Talk Money! with Joseph Hogue, CFA. How hard is it to start your own Credit Reporting Agency and what is involved to make that possible ??

@enriquemartinez4790 6 жыл бұрын

Let's Talk Money! with Joseph Hogue, CFA. can you help with credit issues and increase the credit score and I like to know how much you charge ?

@IKONIKx1 6 жыл бұрын

Let's Talk Money! with Joseph Hogue, CFA my fav is negotiating to remove bad debt. I just been through it the deal is i ask for the deal in writing but wasn't able to get it, but the did promise to the deal and i was left hoping. What else can you do when knowing you owe, so i made the payment ant the removals where done score benefited. Over the years i done many things to improve my score.

@akoritamaradenyefalucky6038 6 жыл бұрын

if you wanna increase your credit score at really affordable charges contact on Instagram @crystal_hacker to get the job done.

@therealblackcarin2141 5 жыл бұрын

This is the most informative video I've ever come across on this topic. I appreciate how you genuinely try to HELP instead of concentrating more on selling a product. I am subscribing because if your tips are this helpful I could only imagine what else you have to offer!

@josephhogue 5 жыл бұрын

Always glad to help Melanin. Thank you for being a part of the community.

@awesumproducts 5 жыл бұрын

@@josephhogue I agree. Thank you.

@mikeceballos7023 3 жыл бұрын