/biz/ - Business & Finance

>>22864664

>>22864664
yep. same 100 point drop happened to me on a $40 payment about 8 months ago. not anywhere near recovering still. fuck this shit

>>22864664
burgers are truly cucked

>>22864664
>>22865233
This happens because they >>22864693
are in control of finance.

>recent paid off collections
>waiting for inquiries to drop off from a year and a half ago
>how can I improve my score?
>sites recommend I get yet another credit card, a subprime one, and incur another inquiry for it
>email and USPS mailboxes full of payday "lender" scam ads

>>22864664
thanks to chainlink they will be able to punish you even easier

>>22865298
Wait this is ametishit problem’s too?!?!?

>>22865388
honestly once you have been put into collections the optimal strategy is probably Sam Hyde debt schemes https://www.youtube.com/watch?v=tk5VmlSts1A

>>22865426
He knows you can’t just magically drag out legal matters without lawyers or actual defenses right? Or is he such a poorfag he never has $500 in his bank account?

>burgers literally have good goy scores
lmao

>>22864664
I had a rock-steady score around 810 while living at home, but I moved out a few months ago and now it consistently drops 19 points every single month and I don't know why. It says there are no delinquencies or anything, but it says that not spending enough could be a cause, which is bizarre as fuck because I'm spending more than ever paying rent and buying all of my own groceries.

>>22865499
OOOOOHHHHH SSSSSAAAAYYYY CCCCCAAAAANNNNNNN YYYYYYYOOOOUUUUU SSSSSEEEEEE!!!!????

>>22865499
pooh approves
>>22865416
how would i know, i live in the first world

>>22865505
fuck that!

Hppy i don't have to care about that!

>>22864664
what if i have a shit credit score
im never buying a house on mortgage and will never drive a car
how can it hurt me

>>22864664
>giving a fuck about some kike good goy points
You were never gonna make it

>>22865468
I've personally never tried this I have a good goy score. It does sound like he is talking from experience though. If you aren't on a w2 they can't really garnish your wages, and if you don't care about your credit score I'm not sure what other recourse collections agencies have.

>>22865505
>losing good goy points because you're not a good enough consoomer
land of the free lmao

>>22864664
>Thinking about buying a home
>Go to lendingtree to see what sort of 30 year rates I can get
>Go through the little questionnaire
>Asks for my social and phone and a bunch of regulatory compliance sort of questions
>"this seems like a lot of personal data just to see some rates but whatever"
>Click OK
>Doesn't show me any rates, just forwards my number to half a dozen lenders who start spam calling me 5 times a day each
>Pull my free Experian report and see 6 hard credit inquiries
>Missed the fine print where it says I'm authorizing every jew bank in the country to collectively gang rape my credit score into the ground with hard inquiries
>Wasn't even all that serious about home buying anyways

My FICO hasn't updated from last month yet but it's probably going to tank from 800 to 600. Fuck my life.

why did you miss the payment? you agreed to pay it on time anon

>>22865685
holy kek

why the fuck do you need point? lol sounds like the most retarded system....

>work hard making deliveries to people throughout the COVID crisis
>today the police follow me and pull me over
>impound my vehicle cause insurance is wrong

Guess Im a full time trader now.

>>22865685
Why didn't you just ask your bank or something instead of giving your info to some gay scam site?

>>22865608
I have no idea because I don’t go in debt but I have money but I’m pretty sure they’ll come after assets with law suits.

I think he makes like 500/mo from some stupid web show or something

>>22865685
inquiries alone aren't that big a deal, you won't fall 200 points over it. I think inquiries only account for like 10% of your score calculation.

When I was first getting into real estate investment I had like over 10 inquiries in a one year period, my score barely fell at all. No late payments and credit utilization ratio have the biggest impact by far

>>22865819
>>>22865685
Yeah he should just get in a time machine and go back and fix everything.

>>22864664
maybe if you were good with money and not some absolute degenerate, you wouldn't be in this situation

>>22865860
he makes a ton of money from gum road subscriptions for Hydewars. It's $5/month and it has over 7,000 reviews, so he could easily be pulling in $50k a month off of that. I think he also made a lot on LTC and ETH in the last bull run, and has a lot of LINK now too. Wouldn't be surprised if most of his net worth is in crypto at this point

If you read the text that comes up in the vid he claims you can forever avoid going to court by offering to pay small amounts to the collections agency every once in a while. They don't care since they bought your debt for pennies on the dollar

>>22865565
It's a legal way for any business or person to discriminate against you - insurance companies, renting a car or housing, job applications

No, bills go quickly to collections and then quickly to serving me at my door in the morning with a lawsuit. I've been sued before multiple times and had to call to make a payment arrangement. You richfags on here have no idea what it's like to not be rich. Investing is just a game for you and you believe myths about options that aren't there.

>miss a $10 amazon card payment by a few days
>credit score drops 100 points
You're either lying or getting inaccurate information on your credit score. A bill isn't actually "late" until 30 days past the due date. If you pay before then, it has no affect on your credit score.

>>22864664
i missed a credit card payment once. i just forgot about it somehow. anyway, i called them and told them that it was an accident and my credit score didn't even change.

>>22865819
I just thought I was able to put in some basic info and run a soft pull and get a spread of robo-offers so I could get a rough idea of what to expect and what to plug into mortgage calculators and whatnot. Turns out they need to do a hard pull and then call you up and run an audit of your financial situation before they'll actually give you a rate. That's well beyond what I need right now, I'm just starting to look at houses.

Basically this is the step I should have done once I'm locked in contract with a house, and then all the loan officers can run a hard pull and start fighting each other for my business.

>>22865867
Hopefully not a big deal. Guess we'll see in a week or two.

>>22864664
>Americans making fun of Chinese social credit score but literally having the exact same thing for being a good consoomer goy

kek

>>22865928
>They don't care since they bought your debt for pennies on the dollar

this is 100% true

t. son of a jewish debt collector from NYC

>>22864664
>get checkbook stolen and refuse to pay overdrafts
>credit score beyond fucked for the next 7 years

>credit score
literal good goy points
do ameriniggers really?

>>22866330
retard

Americans are irredeemable at this point.

>>22864664
Why do you even need credit score?
You're out taking loans? why?

>>22866708
To buy RSR duh

>>22864664
>caring about your good goy score
wew
get lost shill

>>22864664
imagine having a credit score

>>22865499
They can't protest against it because protesting is communist and good goys are christian republicans

I also unironically had a 30 point drop after paying off my student loan

You guys have anyone show up at your house before? I missed a payment becuase I thought autopay was setup, and then one day 2 bulky balds dudes were outside my house with crowbars and baseball bats, I left out the backdoor, never saw them again but they left a note on my door about how this would effect my credit score.

No, you cannot pay small amounts. That's a myth from decades ago when laws were different. Are there even companies left who don't have minimum payment amounts to avoid collections and then a lawsuit?

Slightly related but
>doing a student loan refinance
>they deny me because I supposedly can't take on any further credit obligations
>the same company is still sending me prequal letters
Bullshit.

>>22865928
Bull fucking shit he’s broke I never see him look even remotely rich

/biz/ is mostly kids now. Every one of your posts are so cringy.

>>22864664
WOAH I ALMOST HAVE ENOUGH GOY POINTS LOCK MYSELF INTO MORTGAGE SLAVERY FOR 30 YEARS

>>22865685
never give out your social unless it's to a reputable bank

>>22865505
You are using too much credit. I just dropped like 20 pts from using too much available credit. I was lazy and waiting to pay it off before the due date but apparently I just need to wipe it out every week to not lose pts.

I love credit scores
>not backed by anything
>not regulated
>the jew companies that produce credit scores sell your information constantly and bombard you with ads, premium services, and microtransactions when you try to check your good goy score

>>22867284
I'm only using 20% of my monthly limit. How is that too much credit? I pay off in full every time as well.

>>22864664
I always pay my balances off immediately but set auto pay just in case.

>>22867142
he keeps him self looking like shit as a bit really. Look it's right here: https://gumroad.com/discover?query=hydewars#efgP

>>22867552
He lives in an apartment and wears Walmart clothes and probably drives a shitty car

>>22864664
>he didn't put it on autopay
what the fuck are you doing OP? if you're going to play their game, at least do it right

>>22867142
Smart people avoid looking even remotely rich, I don't like his comedy though, very hit or miss.

>>22864664
Kek sucks to be a poorfag. My credit score is 810. I missed a credit card payment a few weeks ago and they just called me and said sir we noticed you have an excellent payment history but you missed a recent payment can you please resolve. I paid that shit off and now my credit score is 812 kek

>>22864664
For amazon just pay it off, call them, ask them to forgive it and put up an argument of some sort. This works most of the time. They just want their money.

>>22866748
Protesting against it wouldn't do shit anyways. This is the way it is and that's that, if you don't play by the rules you get fucked and you may be barred from doing things you really want in the future. Of course this is a form of slavery, but all society is. Society itself is just shackles, we're all dogs on leashes.

>>22865302
>they are in control of finance
Who's they? You mean Ford, Carnegie, and Rockefeller Foundation?

>>22867529
I accidentally let 7% of my $8k limit get onto a statement once (so, like $500 statement balance) and my credit dropped 20 pts the next month. The only way to win is to never use the credit they give you at all. Except I think that also caps your max score because I have "not enough installment information on file" as a reason why my 800 score isn't 850.

I have no fucking clue what financial cotortions one would have to perform to actually cap out at the max FICO. It seems impossible.

>>22867142
>Duuur you can only be rich if you have a nice car and yeezys
You'll never make it

>>22867591
alright you're a brainlet

>>22866889
Yeah, apparently you need to hold on to the debt for x amount of years.
You basically just wiped your history on your own you dingus..

>>22864664
Paying debt is for retards and goy sheep. Ive racked up over $20k in credit card bills, let it go to collections, waited 7 years where i just used cash for everything, and it all dropped off and my score went back to 650. Now im repeating the process. Fuck kikes and their debt slavery.