Credit Score Myths Keeping You From an 800 Credit Score скачать в хорошем качестве

Credit Score Myths Keeping You From an 800 Credit Score

Credit scores are a tricky subject. All too often I have found that most folks have been sorely misguided when it comes to their credit scores, so in today’s video, we’re covering ten of the most common credit score myths that are negatively affecting Americans and their ability to use credit wisely. Myth #1: Checking your credit score will lower it. This is one of the most common credit score myths out there. Many people believe that checking their credit score will lower it, but this is simply not true. In fact, checking your credit score regularly can help you monitor your credit and identify any errors that could be negatively affecting your score. There are many resources out there for checking your credit score, some paid, some free. I would always recommend going with the free resources first as they give you a solid idea as to what your credit score is looking like despite using a different credit scoring model to get there. Credit Karma is a great resource, one that I recommend first and foremost to everyone. They use the Vantage scoring model, which varies slightly from the FICO scoring model, which is the most popular model used industry-wide. But as I said, the Vantage model will certainly get you in the ballpark of your FICO and is thus extremely useful in helping you understand where you’re at. And that leads us to the second credit score myth, which is that you only have one credit score. This is another common credit score myth that is simply not true. In fact, you have multiple credit scores, and they can vary depending on the credit bureau and scoring model used. It's important to understand that each credit score is calculated differently and can impact your ability to obtain credit. As I said earlier, the FICO score is the most popular one out there, but you can get by with using the Vantage model through Credit Karma day to day, while only checking your FICO once a month. Most credit card providers offer one free FICO score per month, so I’d recommend looking there so you can continue avoiding any paid credit scoring services. Watch today’s video to learn about the eight additional credit score myths! Timestamps: 0:00 - Intro 0:19 - Myth #1 1:30 - Myth #2 2:17 - Myth #3 3:19 - Myth #4 3:48 - Myth #5 4:20 - Myth #6 4:52 - Myth #7 5:16 - Credit Score Boost Tip 5:35 - Myth #8 6:09 - Myth #9 6:47 - Myth #10 7:34 - Conclusion Watch our video on collections here: ►    • NEVER PAY COLLECTIONS! (Remove Collections...   Get one-on-one coaching with Matthew Pillmore: ► http://www.FreeCoachingCalendar.com Get your FREE Cash Flow Cruncher budgeting spreadsheet here: ► http://www.cashflowcruncher.com Want more actionable financial tips and tricks like this one? Check out our YouTube channel here    / vipfinancialed   Make sure to check out our social channels for more insight and industry news! Facebook -   / vipfinancialeducation   Instagram -   / vipfinancialed   LinkedIn -   / vipfinancialed   BBB A+ Rating - https://www.bbb.org/denver/business-r... Disclaimer and Waiver — VIP Enterprises, LLC, its owners, officers, directors, employees, subsidiaries, service providers, content providers and agents (referred to as "VIP Financial Education") are not financial or investment advisers and not licensed to sell securities or investments. None of the information provided is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement, of any company, security, fund, or other offerings. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information contained herein is at your own risk and results always vary. The content is provided 'as is' and without warranties, either expressed or implied. VIP Enterprises does not promise or guarantee any income or particular result from your use of the information contained herein. Under no circumstances will VIP Enterprises be liable for any loss or damage caused by your reliance on the information contained herein. It is your responsibility to evaluate any information, opinion, advice or other content contained. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, or other content. Furthermore, from time to time VIP Enterprises may earn an affiliate commission when a viewer purchases a product, program, or service as a result of our content. #creditscore #800creditscore #creditscoremyths