Home Discord Chat
Go Back   ChiefsPlanet > Nzoner's Game Room

Reply
 
Thread Tools Display Modes
Old 04-02-2013, 02:13 PM  
R8RFAN R8RFAN is offline
Molôn Labé
 
R8RFAN's Avatar
 
Join Date: Sep 2001
Location: North Carolina
Casino cash: $8566872
How does one get credit?

Yall know the story about me... I am going to be a bit vague here..

#1 100% Debt Free
#2 Low 6 figure savings
#3 Mid 6 Figure retirement (401k)
#4 No Credit Card debt
#5 DTI (Debt to income ratio =0)
#Paid 30 yr mortgage off in 5.5 years
#Bought car on 4 year financing in 2005 paid off in 2 years
#Bought Car with 4 year financing in 2002 also paid off in 2 years
# Have 1 bank credit card (Visa) Pay off in full every month
Income per year is High 5 figures to low 6 figures per year

No bankruptcies or late payments ever on any thing I ever bought since the early 90's.

I am not interested in buying anything or looking to buy anything but why is my credit score in the mid 600's and how do I get it to go up?

I am fully prepared for a bunch of stupid comments that I am just going to filter through to get to the legitimate ones so fire away... I know there are a bunch of people on this forum that make good money and are pretty smart except for their choice in a football team so give me some pointers.

Being Debt free is wonderful but if I ever choose to go buy someting like a stupid cell phone on a contract (which I haven't) I am going to be super pissed having that kind of coin and getting turned down...

Fire away
Posts: 23,164
R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.
    Reply With Quote
Old 04-02-2013, 02:14 PM   #2
The Franchise The Franchise is offline
Most Valuable Villain
 
The Franchise's Avatar
 

Join Date: Dec 2006
Casino cash: $3505047
Do you have open credit cards with zero balances?

EDIT: Saw that you have one.
Posts: 91,712
The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.
    Reply With Quote
Old 04-02-2013, 02:14 PM   #3
loochy loochy is offline
Hey Loochy, I'm hooome!
 
loochy's Avatar
 

Join Date: Oct 2008
Location: PooPooKaKaPeePeeShire
Casino cash: $2540752
you get credit by having lines of credit open. having a larger credit to debt ratio is better.
__________________
Hey Loochy, I'm hoooome!
Posts: 40,211
loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.
    Reply With Quote
Old 04-02-2013, 02:15 PM   #4
R8RFAN R8RFAN is offline
Molôn Labé
 
R8RFAN's Avatar
 

Join Date: Sep 2001
Location: North Carolina
Casino cash: $8566872
Quote:
Originally Posted by Pestilence View Post
Do you have open credit cards with zero balances?
Just that one and I pay it off in full every month, Should I keep a 10 dollar balance on it or something?
Posts: 23,164
R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.
    Reply With Quote
Old 04-02-2013, 02:15 PM   #5
Sassy Squatch Sassy Squatch is offline
The man you could post like.
 
Sassy Squatch's Avatar
 

Join Date: Oct 2010
Casino cash: $2859655
The more you have open and current the better I guess. The logic doesn't make sense to me either.
Posts: 37,475
Sassy Squatch is obviously part of the inner Circle.Sassy Squatch is obviously part of the inner Circle.Sassy Squatch is obviously part of the inner Circle.Sassy Squatch is obviously part of the inner Circle.Sassy Squatch is obviously part of the inner Circle.Sassy Squatch is obviously part of the inner Circle.Sassy Squatch is obviously part of the inner Circle.Sassy Squatch is obviously part of the inner Circle.Sassy Squatch is obviously part of the inner Circle.Sassy Squatch is obviously part of the inner Circle.Sassy Squatch is obviously part of the inner Circle.
    Reply With Quote
Old 04-02-2013, 02:16 PM   #6
The Franchise The Franchise is offline
Most Valuable Villain
 
The Franchise's Avatar
 

Join Date: Dec 2006
Casino cash: $3505047
You won't get turned down for a cell phone if you went to get one. They'd ask you for a cash deposit. And I'm pretty sure that with a credit score in the mid 600s....they won't even require one of those.
Posts: 91,712
The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.
    Reply With Quote
Old 04-02-2013, 02:16 PM   #7
Rasputin Rasputin is offline
Tip of the hat LIV Champs
 
Rasputin's Avatar
 

Join Date: Jun 2007
Location: ks
Casino cash: $3835421
Credit report is a fraud. In order to get credit you have to create dept to pay off in time. When you have everything paid off and don't generate more credit debt then you just stay the same. It's ****ing dumb. Kids out of high school have to earn credit to start out in life and that meens they have to create debt to have credit. This is how I see it.
__________________
A Brave Man Once Requested Me
To Answer Questions That Are Key
'Is It To Be Or Not To Be'
And I Replied Oh Why Ask Me
Posts: 54,933
Rasputin is obviously part of the inner Circle.Rasputin is obviously part of the inner Circle.Rasputin is obviously part of the inner Circle.Rasputin is obviously part of the inner Circle.Rasputin is obviously part of the inner Circle.Rasputin is obviously part of the inner Circle.Rasputin is obviously part of the inner Circle.Rasputin is obviously part of the inner Circle.Rasputin is obviously part of the inner Circle.Rasputin is obviously part of the inner Circle.Rasputin is obviously part of the inner Circle.
Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 04-02-2013, 02:16 PM   #8
tooge tooge is offline
MVP
 
tooge's Avatar
 

Join Date: Feb 2007
Location: Liberty, MO
Casino cash: $4284112
do you have an income?
Posts: 14,863
tooge is obviously part of the inner Circle.tooge is obviously part of the inner Circle.tooge is obviously part of the inner Circle.tooge is obviously part of the inner Circle.tooge is obviously part of the inner Circle.tooge is obviously part of the inner Circle.tooge is obviously part of the inner Circle.tooge is obviously part of the inner Circle.tooge is obviously part of the inner Circle.tooge is obviously part of the inner Circle.tooge is obviously part of the inner Circle.
    Reply With Quote
Old 04-02-2013, 02:16 PM   #9
R8RFAN R8RFAN is offline
Molôn Labé
 
R8RFAN's Avatar
 

Join Date: Sep 2001
Location: North Carolina
Casino cash: $8566872
Quote:
Originally Posted by loochy View Post
you get credit by having lines of credit open. having a larger credit to debt ratio is better.
So what do I do? Go borrow money I don't need and just pay it back to get credit?
Posts: 23,164
R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.
    Reply With Quote
Old 04-02-2013, 02:16 PM   #10
loochy loochy is offline
Hey Loochy, I'm hooome!
 
loochy's Avatar
 

Join Date: Oct 2008
Location: PooPooKaKaPeePeeShire
Casino cash: $2540752
Quote:
Originally Posted by R8ers View Post
Just that one and I pay it off in full every month, Should I keep a 10 dollar balance on it or something?
No, having it is a good thing.

Try to get your limit raised. That will help. The more credit you have available = better. The less debt you have against that available credit = better.
__________________
Hey Loochy, I'm hoooome!
Posts: 40,211
loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.
    Reply With Quote
Old 04-02-2013, 02:16 PM   #11
R8RFAN R8RFAN is offline
Molôn Labé
 
R8RFAN's Avatar
 

Join Date: Sep 2001
Location: North Carolina
Casino cash: $8566872
Quote:
Originally Posted by tooge View Post
do you have an income?
High 5 figures to low 6 figures per yr
Posts: 23,164
R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.
    Reply With Quote
Old 04-02-2013, 02:17 PM   #12
R8RFAN R8RFAN is offline
Molôn Labé
 
R8RFAN's Avatar
 

Join Date: Sep 2001
Location: North Carolina
Casino cash: $8566872
Quote:
Originally Posted by loochy View Post
No, having it is a good thing.

Try to get your limit raised. That will help. The more credit you have available = better. The less debt you have against that available credit = better.
It's set at 4k limit.. is that too low?
Posts: 23,164
R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.R8RFAN is obviously part of the inner Circle.
    Reply With Quote
Old 04-02-2013, 02:17 PM   #13
The Franchise The Franchise is offline
Most Valuable Villain
 
The Franchise's Avatar
 

Join Date: Dec 2006
Casino cash: $3505047
Quote:
Originally Posted by R8ers View Post
So what do I do? Go borrow money I don't need and just pay it back to get credit?
You can....yeah. It can be as simple as taking out a $2000 loan....putting the money into a savings account and then making the monthly payments every month. You'll lose a little money in the interest you pay over the loan....but it will build your credit history.
Posts: 91,712
The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.The Franchise is obviously part of the inner Circle.
    Reply With Quote
Old 04-02-2013, 02:18 PM   #14
MIAdragon MIAdragon is offline
Someone pass the antifreeze
 
MIAdragon's Avatar
 

Join Date: Oct 2005
Location: Miami (North Cuba)
Casino cash: $1997819
The older your credit lines are also plays into your score.
Posts: 15,757
MIAdragon has enough rep power to blowy ou to bits.MIAdragon has enough rep power to blowy ou to bits.MIAdragon has enough rep power to blowy ou to bits.MIAdragon has enough rep power to blowy ou to bits.MIAdragon has enough rep power to blowy ou to bits.MIAdragon has enough rep power to blowy ou to bits.MIAdragon has enough rep power to blowy ou to bits.MIAdragon has enough rep power to blowy ou to bits.MIAdragon has enough rep power to blowy ou to bits.MIAdragon has enough rep power to blowy ou to bits.MIAdragon has enough rep power to blowy ou to bits.
    Reply With Quote
Old 04-02-2013, 02:18 PM   #15
loochy loochy is offline
Hey Loochy, I'm hooome!
 
loochy's Avatar
 

Join Date: Oct 2008
Location: PooPooKaKaPeePeeShire
Casino cash: $2540752
Quote:
Originally Posted by R8ers View Post
So what do I do? Go borrow money I don't need and just pay it back to get credit?
You COULD...but it might be cheaper to just pay the high interest rates for having bad credit.

Open some more high limit credit cards and keep them paid off or something.

Yeah, I know, the way this thing works is absolutely reeruned. If they just looked at your situation they'd see that you can easily pay off whatever...
__________________
Hey Loochy, I'm hoooome!
Posts: 40,211
loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.loochy is obviously part of the inner Circle.
    Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump




All times are GMT -6. The time now is 02:47 AM.


This is a test for a client's site.
Fort Worth Texas Process Servers
Covering Arlington, Fort Worth, Grand Prairie and surrounding communities.
Tarrant County, Texas and Johnson County, Texas.
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.