Thanks Justin! You're not alone in that. So many of us were told at an early age that credit cards are bad. For anyone who's ready to expand their mind and question their beliefs, here I stand 🏆💳😁 Great that your wife was able to help you out! When you don't have great credit, find someone who does 🙌

It couldn't be much worse for me trying to deal with a bad credit score as low as 467, including 3 credit card debt; Home loan, late payments, and a 2015 criminal record theft reported in Experian, rent was due for Eviction also unable to get help. I looked at how I could increase my credit score and then came across Credit Patch LLC, decided to contact them at [Jon@creditpatchup.com], he responded and said the process will take 5-10 business days.

@@mike-uw6wt - You got it! So get a card & pay it off to avoid the evil 💳😁👌

Thanks a bunch, Steven! 😃👊 I appreciate you passing this info along to help others - you rock!

Awesome! Hope it helps them, too!

@@MarkReese It can't hurt.

Thank you Gigi! 😃🏆💳

It couldn't be much worse for me trying to deal with a bad credit score as low as 467, including 3 credit card debt; Home loan, late payments, and a 2015 criminal record theft reported in Experian, rent was due for Eviction also unable to get help. I looked at how I could increase my credit score and then came across Credit Patch LLC, decided to contact them at [Jon@creditpatchup.com], he responded and said the process will take 5-10 business days.

A lot of great stuff to learn 😄

@@MarkReese Do you need a Chase account to get a Chase credit card like the freedom unlimited or the Sapphire preferred

@@jamesmoore8873 - No, a banking relationship is not required.

Awesome to hear that David - thanks for sharing! What a great limit for that income level - incredible really! I've got the PayPal CashBack Mastercard on my list for a future video review 💯🎬 Agreed ... a fantastic card for beginners.

It couldn't be much worse for me trying to deal with a bad credit score as low as 467, including 3 credit card debt; Home loan, late payments, and a 2015 criminal record theft reported in Experian, rent was due for Eviction also unable to get help. I looked at how I could increase my credit score and then came across Credit Patch LLC, decided to contact them at [Jon@creditpatchup.com], he responded and said the process will take 5-10 business days.

It couldn't be much worse for me trying to deal with a bad credit score as low as 467, including 3 credit card debt; Home loan, late payments, and a 2015 criminal record theft reported in Experian, rent was due for Eviction also unable to get help. I looked at how I could increase my credit score and then came across Credit Patch LLC, decided to contact them at [Jon@creditpatchup.com], he responded and said the process will take 5-10 business days.

Thanks to everyone who posted * Carderplug4* on telegram, just received my product from him thanks man He is the Goat 🐐

So glad to hear it, Nhat! Thank you! 🥇

Thanks so much! I hope it benefits a lot of people! 💯😃

It couldn't be much worse for me trying to deal with a bad credit score as low as 467, including 3 credit card debt; Home loan, late payments, and a 2015 criminal record theft reported in Experian, rent was due for Eviction also unable to get help. I looked at how I could increase my credit score and then came across Credit Patch LLC, decided to contact them at [Jon@creditpatchup.com], he responded and said the process will take 5-10 business days.

Rule #5 is crucial for the free money + travel part! 💳😁

@@MarkReese thats what its about 👏

YesI bought a cc from *Ericroboti* on telegram best vendor I know and very trustworthy. He sell cc,fullz,Bank,Drops,and Dumps

You're welcome, Alix! Yep, credit cards can be very simple. Do it the right way and you'll win 🏆

Thanks Andrew! Hope the entire playlist helps you further 😃👍🎬

Thanks Marco!

Wow that’s bizarre. Did the score rebound?

Thanks for sharing it, Bob! 💯

Glad to help!

Glad you found the video helpful! There's a difference between "leaving a balance" vs. "reporting a balance." If you "leave a balance," that means you did not pay your full fill. For example, if your bill was $600 and you paid $580, that would "leave" $20 left over, which would be the portion that gets carried to the next month (and you'll be charged interest). If you simply "report a balance," that means you let your balance get reported to the credit bureaus to show that you're using your card. The opposite of this would be to report a $0 balance, which would mean you paid your card down to $0 before the billing cycle closes, and then a $0 balance gets reported. Your balance usually gets reported 1x per month, so if it's $0, then that's when it looks like you aren't using your card (from the bureau's perspective). So... No, you do not need to "leave a balance" and get charged interest to build credit. I'd personally avoid that. It's also ok to report a $0 balance, which counts as an on-time payment and helps build your credit score. However, if you consistently have a $0 balance, your score may eventually become stagnant instead of growing higher. For that reason, it's often best to let a balance get reported, but ideally one that's not too high. Here's a link to another video you may find helpful: kzfaq.info/get/bejne/eNp5qqqdydidoo0.html

Thanks Barry!

Sure is! 😁👊💳

Hi Steve - you only need to pay the statement balance.

Awesome! Encouraging to hear that you've learned a lot 🙌

Glad you found it helpful, Renee!

Great video to learn the foundation! 👊

@@MarkReese Yeah it definitely is! 😎

Thanks man! 😎👊

Great plan! The 1-year countdown is already underway 💥

Dude me too Been waiting since I was 14 I’m turn 18 in 5 months.I’m trying learn stuff so I can get good score .but I wanna ask so lets say I apply for a secure card with $1500 .do I need to get two cards or two secure cards??

@@MarkReese hi I wanna ask what’s a minimum due date .and one more thing.what’s the best credit limit to choose $800 -1000-1500-2500??

@@zaybih1509 - You don't need to get 2 cards. 1 secured card is enough to begin your journey.

@@zaybih1509 - The minimum due is the smallest payment you can make in order for it to count as an on-time payment. However, if you pay only the minimum, that means the rest of your card balance will be carried over to the next month and interest will be charged. Much better to pay the full balance on or before the due date 👍 // Regarding the credit limit on a secured card, I recommend getting the highest limit you can afford easily.

Thanks Tee! Agreed. There's a lot of misinformation or lack of education out there. Working on changing that 😃💯

My pleasure!

Great way to do it! 🌟

You might want to watch Mark’s video on the best time to make your payment. He very clearly explains the nuances.

Thanks Rodrigo! 😎💯

Thanks I just hit mine from the right plug 🔌 carderplug4 on telegram he is cool and legit everything working better

Glad you’re enjoying them! More coming soon 💯

Thanks to everyone who posted * Carderplug4* on telegram, just received my product from him thanks man He is the Goat 🐐

Thanks Ronald! Having 2+ secured credit cards will likely do the opposite and *increase* your credit score 🙌💯😃 You may see your score lower slightly in the beginning months, but once the cards get older, 3 awesome things will happen: (1) Your average age will rebound and grow longer (2) You'll have even more payment history and (3) You'll have more total credit in your name, which will drive down your utilization provided your spending habits remain the same 👍

It couldn't be much worse for me trying to deal with a bad credit score as low as 467, including 3 credit card debt; Home loan, late payments, and a 2015 criminal record theft reported in Experian, rent was due for Eviction also unable to get help. I looked at how I could increase my credit score and then came across Credit Patch LLC, decided to contact them at [Jon@creditpatchup.com], he responded and said the process will take 5-10 business days.

Legit?? The only real vendor I found on here is *Ericroboti * on telegram, that man is good for real 😳 I got my credit card from him

😎👊

Thanks so much, Edson! 🏆

Great to hear it Marco! The credit journey can be rewarding in many ways 😃👍 Right now I’m only focusing on KZfaq as my social platform. May expand in the future.

Thanks I just got mine from the right plug 🔌 carderplug4 on telegram he is cool and legit everything working better

There isn't a hard rule about this. Generally speaking, under 30% is ideal to maintain consistent good credit scores, and under 10% is ideal to maintain consistent excellent credit scores. Also be aware that you can use whatever portion of the limit you like throughout the month. Just get the utilization low by the close date, which is when most cards report their balances (i.e. your utilization is only calculated 1x per month, not daily).

@@MarkReese got it👍. Thank you.

Hey Bianca! Here's a link to a separate video that explains the difference 😃👍 kzfaq.info/get/bejne/l9F1lsp-vb3Kfmw.html

Sure thing! How would you like me to send them?

Thanks to everyone who posted * Carderplug4* on telegram, just received my product from him thanks man He is the Goat 🐐

If you've had a card for 1+ years, then you can request one any time you like. Before the first year likely won't work for most issuers.

Hey there! Which secured credit card do you currently have, and how long have you had it?

Thanks to everyone who posted * Carderplug4* on telegram, just received my product from him thanks man He is the Goat 🐐

Hey there! I did a full video on this topic that I think you'll find really helpful 😃👍 Here's the link: kzfaq.info/get/bejne/i8mHpMypybfPY2Q.html

@@MarkReese thank you Mark. I did ran into that video sometimes afterwards which was alot of help!

Thanks for the comment; you rock! 😃

@@MarkReese you are good people and I enjoyed the video

@@miniaturekitty9679 - Thank you! 🥇

1. The score likely dropped because 30% is a moderate amount of usage. To obtain higher scores, under 10% is ideal. 2. To have a lower utilization get reported, do the following: a. Identify the statement close date. b. Make an early payment (Payment 1) a couple days before that statement close date in order to bring the balance down to an amount that represents under 10% of the credit limit. That will cause a lower balance to get reported. c. Let the statement close & get the bill. d. Pay off the rest of the bill in full on any day by the due date (i.e. Payment 2) 3. If your friend does not have a need for the highest score possible (e.g. in order to qualify for a lower rate on a house, car, loan, etc.), then a drop in credit score due to utilization does not have any real-world significance. During some months when I have higher expenses & bigger credit card balances, I actually don't make multiple payments to bring the balance down. I simply let the bigger balance get reported & my score drops. Then next month when I have my regular (and smaller) expenses, a smaller balance gets reported & my score increases again. Score fluctuations are normal & aren't a problem (unless, again, you _need_ to maintain a high score for a specific reason).

@@MarkReese thank you very much

As much as you can comfortably afford.

Nice score! If you've got your eye on a Chase card, I'd go for a full year first. If you want a non-Chase card, you could likely get an approval now 😃👍

@@MarkReese I wanted that Chase Freedom Flex. 😩 Might snag the Capital One Savor card then. I want that cash back reward lol.

@@monte_2000 - If you want the CFFlex, get the CFFlex ... the countdown is under 3 months 😁👌

Thanks to everyone who posted * Carderplug4* on telegram, just received my product from him thanks man He is the Goat 🐐

Once I qualify for them, yes 👍

I can't speak with 100% certainty with Capital One charge cards, but with an Amex charge card, the utilization of that card is not factored into your credit score ✌️ All charge cards still have an open date, close date, and due date 👍

@@MarkReese So, I figured out that the Capitol One Spark 2% Cash Plus Business Card, advertised as "no limit" actually just means it has a hidden spending limit that "adapts" to your needs. Complete bullshit being that I signed up for it for $150 a year and my first purchase of $15k was declined. Bastards, I tell you!

@@TonyNovation - Ah bummer, although Amex charge cards work the same way. The transaction approval threshold on charge cards fluctuates based on various factors, one of which is your purchase history...another of which is payment history. Since you haven't had prior transactions or payments on the card, perhaps $15K at once was a red flag. Before you give up on it entirely, consider charging around $5K to it for a few months, then ramp up to around $10K, and then higher as needed. I've seen Capital One become quite generous with limits & transaction approvals with people after the history has been built 💯 Totally understand your frustration though.

That's an impressive amount of credit! 😃👊

Hi Daniela! You should see it on your first statement once it gets generated.

@@MarkReese thank you so much !

@@DanielaGomez-is5ks - You got it!

Nope - it just helps you to not forget a payment 😁👊

You’re so amazing like they advertise you on here..thanks for the prepaid card cardmanager01cc on telegram 💪🏾💯 GREATEST CC 💼 imma got the big bag this covid time

You rock - THANK YOU! 😃🙌💯

Thanks to everyone who posted * Carderplug4* on telegram, just received my product from him thanks man He is the Goat 🐐

Hey Mark on the same topic of this question, whats up with your 10 amex platinums? Lots of reissues from fraud?

Hey Shawn! 22 is an impressive card count! 🏆 I'm currently at 33 cards. Holding off on new applications for awhile, so now's your chance to catch up 🙌💳😁 Which card will be next for you?

@@MarkReese flagship rewards

@@shawnvire4941 - NICE! 💯 3X on travel, 2X on everything else, $100 credit for TSA Precheck or Global Entry...plus free Amazon Prime membership for 1 Year 🙌💯🏆 When do you plan on applying?

@@MarkReese next month

Hi Brian - which card do you have & when did you open it?

Hey Eric - what do you mean?

@@MarkReese i think he may have misunderstood you. I figured you meant have Chase be that first card you apply for after a starter maybe because you are more likely to have less of a chance of approval if you already applied to multiple cards before Chase .

@@tbam73 - Ah perhaps. Some people say to go with Chase first due to 5/24. However, I don't recommend Chase cards just because of that rule. Each person's situation is unique. 👊

Hey Matt! To make sure I understand, you’re wondering if it’s ok to close the $28K line of credit, correct? If so: (a) how old is it? (b) How old are both of your credit cards? (c) Are there any other credit cards that y’all have behind the two mentioned?

@@MarkReese Yes Correct ,Line of credit is Nov 2019 , My credit card is Feb 2020 (reason why is i had a card with $2500 limit they increase my limit and give me new card and i went to Bank on Feb 2020 To merge the balances together to just have 1 card only) Probably made a mistake should've kept it open? I'm trying to understand is it better to have more credit cards? if so i can get a new one also.

@@mattortega5522 - Got it. As you saw in the video, the 3 factors that have the biggest affect on your credit score are Payment History, Utilization, and Length of Credit History. If you don’t have a use for the line of credit anymore, here’s what I’d do: Apply for a new credit card now to get some more credit in your name. Have the $28K line of credit open while you do this to leverage that line’s age, history, an and size. Then, because the line is only 1 year old, go ahead and close it. Keep your credit cards open and let them age going forward. Btw: Fortunately, positive credit history remains on your credit profile for 10 years after closing an account.

@@mattortega5522 - see my reply above. I edited a few things so making sure you saw the latest version ✌️

@@MarkReese If i dont close line of credit and leave it open but not use it. Does that affect anything? Thank you soo much!! Subscribed cant wait for more contents!

A great way to start building long-term credit history with no annual fee 😁👌

💪😎

Yes, several compelling case studies are available on WebMD 👨‍⚕️