/biz/ - Business & Finance

Kek that's the amerigolems' goal in life, holy fuck you retards are pathetic

>>53613762
right?
if I want it I cash it
car, house, clothes, food

>>53613729
I'm 34, live in mothers basement and have an 800+ goyscore. It's not that hard.

>>53613814
this, having a high goy score isn't hard and it's only useful for buying a house.

>>53613729
Take a loan out and pay it all back over a year. Done.

720 Good Goy Points. Oh gosh Mr. Shekelstien sempai I promise I won’t have anymore gamer moments or do a hate crime if you bring it up by 80 points!

>>53613935
Doesn't matter if you don't have income.

Have millions in crypto, 800+ score, and can't get a home loan.

Cap gains don't count as income, I might invest in dividends to just have reportable income for loans, but that's ultimately supporting ESG and the great satan so...

>>53613729
it doesn't really matter. i bought a certified pre owned mazda like 4 years ago and the best rates i got were like 5%.

>>53614141
this
credit score does help but without income, no debt and savings, you are not going to get a mortgage.

>>53613814
i am 30 make $100k a year and dont own a credit card. I have no credit score

>>53614464
That's pretty dumb, honestly.

>>53613729
Its meaningless to have it once you get it, but anything under 725 is hard to live with. Credit score is a meme after 725

>>53613729
The thing about good goy scores is that if you have a good one then you probably don't really need the credit anyways, I guess it's nice to know I would easily be approved for a new car, but I usually pay cash for them anyways so it's not like I care that much.

>>53613777
Wasted digits.
>goal in life
It just happens nigger. (You) don't get one because your life sucks.
I am cash rich as well. Funny how I never spend from my actual cash accounts on the stuff I buy.
>Verification not required.

>>53614547
Having a high score gives you more wiggle room to do things that might drop your score. Signing up for 4 cards with $200 bonuses is an easy way to get free money, but if you do that with a score of 725, you might drop under 700. If you do it with a score of 810, a drop to 785 doesn't make a difference.

>>53614190
>Certified Pre-Owned
>Got gyped by the branded dealership
Many such cases Boomer

>>53614587
>muh craigslist no warranty lemon.
Certified pre owned is the best way to buy a car, they double your warranty.
Only niggers and spics go with classifieds.

>>53614570
what the hell are you even saying

>>53616244
this. the car was in excellent condition with a good warranty. i saved a lot compared to buying new. the situation might be different today, however.

>>53614141
>i have millions in crypto
realise part of it, start a limited company and start pay ing yourself a minimum wage you fucking retard, its tax free.

I'm at 775. What should I do? Can I get loans? I have no idea how this works.

>>53614464
That's not dumb fren, that's smart. You own it!

>>53616521
Be careful bro. Its why dumb nigs always so poor. A loan is borrowing money with interest. You can be paying out more on interest than the gross amount of the loan. Only get a loan if you know you can afford to pay it off soon.

im stuck in the 750s. do i need to have an active loan to get higher than that or just wait?
oldest card is 5yrs 10m. i have 6 CCs with 0% usage most of the time

>>53613729
Pretty gud. Girls squeal when I whip out the Amex Plat, pay with my Chase miles and get unlimited cash back.

Secret handshake at the local bank and access to the restaurant in the vault was nice

>>53614054
Hello Mr goy points man
If you raise my score by 30 points by the end of this week I will stop shit posting on /biz/

>>53614141
>>53616510
You can even do this without ever leaving your computer, and be done setting it all up in less than a week, pending balance transfers

Should I be keeping a rolling balance or just have 0% utilization? I see that 1-5% is best for goyscore, I just started building credit only 5 statements but I just calculated my usage to be 7%. I pay it all immediately. Should I just keep it at 0, to get my total utilization down, or try to utilize 1% every month to average it down?

>>53618790
Never carry a balance

>>53613729
>Good goy no you can borrow more invented money and get in more debt to me

>>53618790
utilization isn't just not carrying a balance. Zero balance doesn't mean 0% utilization. But, just the same, 1-5% utilizations is overkill. Under 20-25% and you shouldn't worry. DEFINITELY don't carry a balance though.

If you're young and aren't trying to make any big purchases (house, car, etc) in the next year you can open 3-5 credit cards all within two weeks and they'll, in total, only ding your credit once, very minorly, and that ding will be gone in like 3-6 months. More lines will weight your total age of accounts more heavily (meaning that a new account, or closing an older one) won't ding you as hard and the total amount of your available credit will lower your utilization rate.

Or if you have more time and less money you can just open one new sign-on-bonus cashback card at a time (like "spend $1000 in your first three months, get $150 back") ple on all your expenses to that one, and open a new one every time you meet the spending-quota. You'll get a soft-inquiry for each new card (because you only get a two-week window per inquiry to apply to multiple lines of credit while dinging only once) but in the long run you'll be gucci and if you don't need 760+ credit ASAP it'll have caught up before it matters.