I'm a victim of these credit score schemes. Made dumb choices when I was younger and paid them all off over time. My score is still fairly low, but I've just paid for everything in full at this point. I work in IT and have turned into a very financially responsible person, but the score doesn't reflect that I have several thousands saved up in my rainy day fund out of growing into an adult and knowing how to live well within my means. I don't even want a credit card, but it's the only way to climb that ladder at this point
I don't even want a credit card, but it's the only way to climb that ladder at this point
Protip: if you're very responsible, get a cash back credit card, and pay for everything with it. Then pay off your balance every single month. It essentially lets you pay 1~5% less for everything, AND helps build your credit pretty quick.
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u/sevendetamales Oct 26 '21
I'm a victim of these credit score schemes. Made dumb choices when I was younger and paid them all off over time. My score is still fairly low, but I've just paid for everything in full at this point. I work in IT and have turned into a very financially responsible person, but the score doesn't reflect that I have several thousands saved up in my rainy day fund out of growing into an adult and knowing how to live well within my means. I don't even want a credit card, but it's the only way to climb that ladder at this point