Increase your credit score quickly!

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  • Опубліковано 30 жов 2024

КОМЕНТАРІ • 197

  • @giva2655
    @giva2655 2 роки тому +74

    WARNING ⚠️
    Make sure you have a GOOD credit score before asking for an increase in your CL; they will do a hard pull in your credit score, you'll get denied and harm your credit at the end!

    • @SpaceOutlaw_
      @SpaceOutlaw_ Рік тому +2

      I was wondering about his lol so they do pull a credit report. Thanks

    • @lilmama396
      @lilmama396 Рік тому +9

      if you have Chase and constantly update your yearly income on your profile and make payments on time they will increase your credit with no hard credit check. I currently have a lot in credit card debt that I'm chipping away at and recently my credit limit was increased due to the 2 factors I mentioned. But that's with chase I'm not sure about other financial institutions. You can also raise your credit score if someone who you trust adds you on as a authorized user. they don't even have to give you your card as long as they make payments on their credit card you'll reap the benefits. my friend's parents had added her on to their credit cards as an authorized user since you're graduated college and her credit score is in the 800 range.

    • @bernadettesandoval3990
      @bernadettesandoval3990 Рік тому +3

      Capital one will not do a hard pull

    • @suzubee9602
      @suzubee9602 Рік тому +2

      I was told by a credit bureau rep who helped me when my identity was stolen that increasing credit limits will not do a hard check
      Context: i froze my credit and can't do hard checks until I unfreeze it, but can increase my limit with my bank

    • @SpaceOutlaw_
      @SpaceOutlaw_ Рік тому +1

      @@lilmama396 nice gtk. I saw a few other comments stating when they called chase (idk about others) that they will pull a hard check. But I’ll update my income lol hopefully that’ll work

  • @Me-nq4gz
    @Me-nq4gz Рік тому +2

    I told them my income was XYZ but they said I needed to provide a real number. Thanks a lot!!

  • @nancypeterson3645
    @nancypeterson3645 Рік тому

    really like this girl! such an.enthusiastic attitude, fun, with great tips!!

  • @TamagoHead
    @TamagoHead Рік тому

    Great advice! Up to a certain age, status & overcoming economic class challenges can make transparency with your family & peer group difficult.

  • @dajw7540
    @dajw7540 2 роки тому +4

    Yes!!! Credit score is so important. When buying a new home, your credit score can affect the interest rate they give you. It affects the cost of your car insurance.

    • @jos9485
      @jos9485 2 роки тому

      I'm not sure that's the case everywhere. The interest rate home loan providers here advertise are subject to lending criteria, but I think that just means if you don't meet the minimum lending criteria, you don't qualify for the home loan. Also, car insurance is risk based pricing. It depends on the type of car/assessories/modificatios, the town/off street park/garaging and the driver's age/sex/infringements/demerit points.

  • @Starfang_Wanderer
    @Starfang_Wanderer 2 роки тому +6

    I usually wait until they offer a credit raise and accept it every time. This has honestly boosted my credit score incredibly over the last five years.

    • @HB-he2eh
      @HB-he2eh 2 роки тому

      Who do you bank with that offers? Is it by mail? Bc I go paperless and throw advertisment away.

    • @liastorm795
      @liastorm795 Рік тому +1

      @@HB-he2eh I have Discover and they just gave it to me, put it right on my card

    • @Starfang_Wanderer
      @Starfang_Wanderer Рік тому

      @@HB-he2eh I live in Canada, and bank with Scotiabank and Tangerine. I also have paperless but sign up for emails.

  • @thefreefilmschool7709
    @thefreefilmschool7709 Рік тому +1

    Recently I saw this video. Inspired me to work on my credit score. Before I had a chance to act, PNC sent me a pre-approved letter, increase my total limits. Then I found a recent AMEX Platinum C upgrade & called them. I’ve had this card in the past and canceled because I’m not a travel person & I don’t need all the points. Plus the cost is shy of 1K. When I had it in the past and canceled, I think that helped. My C score. Got an Experian update today I’m up to 749, So I must be doing something right.

    • @thefreefilmschool7709
      @thefreefilmschool7709 Рік тому

      I keep getting rewards, FICA score increase & credit increases from your great advice. Today a Congrats letter from Citi, increasing my credit limited, “Your one our best Customers. Thanks Again🎉

  • @sharesegathers7529
    @sharesegathers7529 2 роки тому +15

    Just did this last month ... up 25 points...😊

  • @david6542
    @david6542 Рік тому

    You're the best! Keep it up.

  • @Slangchang
    @Slangchang 2 роки тому +2

    I started to build up my credit and kept asking for credit increases. It helped. Thanks for the reminder!
    This wasn’t done on a chase card but on my B of A secured card and Discover card.

  • @youknowjuno145541
    @youknowjuno145541 2 роки тому

    Just did this and they were able to increase my credit limit. Thanks for the tip!

  • @peterk2343
    @peterk2343 Рік тому +2

    If your utilization is already very low or zero, this won't make a difference and a hard pull will actually lower your score a few points

    • @deathbyvanity1955
      @deathbyvanity1955 Рік тому +1

      I thought it couldn't be more than 30%?

    • @peterk2343
      @peterk2343 Рік тому +2

      @@deathbyvanity1955 over 28.9% will start hurting your score but you will earn some extra points if you keep your utilization under 8.9% as opposed to under 28.9%

  • @jimmysjohn141
    @jimmysjohn141 2 роки тому +121

    Chase does a hard credit check. Also, it's easier to just sign up for pre-approved cards with a higher limit with no annual fees. However, don't get new cards if you're trying to buy big ticket items like a house or car.

    • @KatieCottingham
      @KatieCottingham 2 роки тому +4

      Getting a card was a big player in my credit score improving enough to buy a new car within a year. Paid off in full every month for the first 9 months, had a credit limit increase, then, even carrying 10% utilization I was able to get a good car loan rate.

    • @tiad.9142
      @tiad.9142 2 роки тому

      All credit cards do hard credit checks when you APPLY for the credit card, not just Chase. But this advice is for when you ALREADY have the credit card and you’re just asking for a limit increase, which doesn’t involve a hard credit check bc you e already got the card.

    • @elleswyth
      @elleswyth 2 роки тому +10

      @@tiad.9142 worked at chase and yes we do hard inquiry for credit limit increase requests

    • @Hi_its_ami
      @Hi_its_ami 2 роки тому +6

      @@elleswyth I work for chase too. The credit inquiry will stay with you for 2 years. Not a good look doing it every 6 months.

    • @macfahad
      @macfahad 2 роки тому

      This is better advice 👆

  • @Shells84
    @Shells84 Рік тому

    I’m so dumb. Just got a hard inquiry for financing a major flooring Reno. Dropped my score by 11 points.

  • @alexquest8113
    @alexquest8113 2 роки тому +105

    An easier trick here from an ex banker: take out a small loan, preferably against a deposit. DO NOT SPEND IT. Wait till the first interest is applied. Then payoff the principle. Make sure you keep a good amount in your bank account and put a standing instruction for monthly interest payments. Don't worry the interest will only be applied on the remaining amount. And loans against deposits are usually closed by the bank at the end of tenure.

    • @2GoatsInATrenchCoat
      @2GoatsInATrenchCoat 2 роки тому +12

      I wouldn't say this is easier, since you do have to spend extra money and add another monthly payment to your list for this method. but maybe it's more effective?

    • @ILoveGrub
      @ILoveGrub 2 роки тому +14

      I can’t think of many scenarios where it’s beneficial to take on unnecessary interest just for the sake of adding some healthy credit history to your report. In most cases the negatives of doing this outweigh the benefits

    • @alexquest8113
      @alexquest8113 2 роки тому +12

      @@2GoatsInATrenchCoat not really for loans against deposits interest rates are deposit interest +2%. So if you take a loan of say 100 bucks on a deposit of 1000 dollars with 2-3% interest. Your first interest will be 1 buck. Since you pay off 100 bucksbafter the 1st interest is applied, the later interest will only be applied to the 1 buck. So your the remaining amount you'll have to pay at the end comes out to about 2 bucks. Remember you credit score is calculated on your efficiency in paying off loans not the amount of the loan itself

    • @jos9485
      @jos9485 2 роки тому +2

      I don't understand, sorry. If you take out a personal loan with your bank, isn't part of the spending criteria that you actually are purchasing the agreed upon item? I'm also not sure what "against a deposit" means... Are you meaning the bank are taking your equity in your assets into consideration? I think that's built into the lending criteria, is it not?

    • @jos9485
      @jos9485 2 роки тому

      Also, what about the early repayment fees?

  • @jazzmia123
    @jazzmia123 2 роки тому +8

    Chase will have to do a hard pull on your credit if you request a credit limit increase. However I tend to do this on my other credit cards W/O having my credit negatively impacted. I keep a regularly schedule of 6 month for all credit cards and request, sometimes 5 months apart.

  • @2passportsandpostcards
    @2passportsandpostcards 2 роки тому +8

    Literally did this the other day to the CL I have for the card you are holding in your hand. I have an 825 credit score already so I shouldn’t care BUT, just for shits and giggles I asked and…. Chase told me that they would do a hard credit pull (!) AND that I wouldn’t be guaranteed an increase in my CL. This infuriated me. So I laughed and hung up. These banks are SO RIDICULOUS. Why should I get a ding in my beautiful score, as if I am applying for new credit???? I have never heard of this before. And I have used credit responsibly for almost 20 years how.

    • @docsays
      @docsays 2 роки тому

      - unfortunately doesn’t matter. Not all banks will hp your credit report, but chase definitely will everytime regardless of your score

    • @Fanta....
      @Fanta.... 2 роки тому +2

      Im at 857 and just applied for and got approved for a 3k loan just to see how high I can get my score. When they asked the reason for my loan I just said I wanted to increase my credit score... lol. The loan money will sit in the repayment account until it is all paid back. They will make 300 bucks from me for the whole loan but I think its worth it.

  • @estherruiz5703
    @estherruiz5703 Рік тому

    I did this on several credit cards and it worked not chase though this will do award pull thanks for the advise my credit is up

  • @NancyRodriguez-dj5pi
    @NancyRodriguez-dj5pi 2 роки тому

    Thank you!

  • @Diana-wi6yr
    @Diana-wi6yr 2 роки тому +10

    Hi could you please make a video explaining how good is to visit a financial advisor ? Specially if you don't make that much money... thanks!

    • @jos9485
      @jos9485 2 роки тому +5

      I've been asking the same question. I'd have to save up to see said financial advisor. Seems kinda counterproductive to me. That's money I could have put towards my loan.

    • @ValentinaVaVaVoom
      @ValentinaVaVaVoom 2 роки тому +2

      Be careful of financial advisors. They are often paid incentives or commissions to steer you towards certain products or services. I work in the financial industry and personally I think nothing beats asking a variety of freinds and family their thoughts and then doing your own research to make an informed decision.

  • @ajmeow2212
    @ajmeow2212 Рік тому

    Omg i got approved so fast that’s wild ❤thank you so much

  • @michelecooper8965
    @michelecooper8965 2 роки тому +7

    You can also request increases on your apps.

  • @ValentinaVaVaVoom
    @ValentinaVaVaVoom 2 роки тому

    I love this lady, she is so smart but one thing to consider with this particular idea. First, make sure your bank checking to increase your limit will not do a hard pull on your credit. Most dont but you want to be sure. 2nd is if you are trying to increase your credit score for a major purchase coming up like a house or you're thinking of getting a loan in the next 6 months then DONT use this method. I have worked as an underwriter for banks and that is one thing we look for is SELF requested credit limit increases. It looks bad because it appears you couldnt live on the credit limit you had and were recently seeking more credit and now come applying for a loan. .It appears desperate which to a bank indicates there might be a cash crunch they can't see with this customer. If you arent looking to buy a house or borrow money in the next 6 months then this can be a GREAT idea. Stay informed my freinds. 😉

  • @villageencouragelovepeacef6955

    Thank you

  • @Row-Low
    @Row-Low 2 роки тому +5

    1 of my card was almost maxed at 4k and they raised it to 8600 the other day

  • @LongVideosToKeepComputerAwake
    @LongVideosToKeepComputerAwake 2 роки тому +1

    I do this with all my cards and it helps a lot. But not al cards work the same, I was able to get over 13k credit limit with my discover card but with my citi card only 2300 dollars. Which I got both cards 3 years ago with different credit limit. I started with 400 points and now I am over 750, amazing advice 🎉🎉🎉

  • @valeriepetty5853
    @valeriepetty5853 2 роки тому

    Thank You!!!!
    Today!!!

  • @PTstuimproveshimself
    @PTstuimproveshimself 2 роки тому

    You are correct however, most companies will do a hard inquiry which will lower the score and if they decide that person score is too low, the applicant will now have a lower credit score with no credit line increase.

  • @latonaboyd7890
    @latonaboyd7890 2 роки тому

    Thank you for the tip! Gonna try it today!!

  • @tottablue
    @tottablue Рік тому

    I work at a bank. Most of the credit limit increases I process don't get approved. You have to make sure you have been paying off consistently on time and that your have a good credit score.
    If you've missed payments or if your total balance is too high don't even try it.
    It'll be a hard pull and you will just end up hurting your credit.

  • @MsPangY
    @MsPangY Рік тому

    I Will Try It & Come Back & Let You Know! I Only Have 1 Cuz I Blew The Rest But I Want To Keep This One In Good Standing!!! Thanks For The Info Tho!!

  • @youtuberxx631
    @youtuberxx631 Рік тому +1

    I am loving your content and really appreciate you 🙏 just opened up my Marcus High yield from your last video ❤

    • @deathbyvanity1955
      @deathbyvanity1955 Рік тому

      how did that go? what were the requirements?

    • @youtuberxx631
      @youtuberxx631 Рік тому

      @@deathbyvanity1955 super easy and no requirements

  • @autmun42
    @autmun42 2 роки тому +8

    The credit bureau now has a credit line increase as a hard inquiry where it was a soft before so I would think twice about that

  • @seaton1288
    @seaton1288 2 роки тому +2

    Be careful tho inquiring about credit to much can also hurt your credit score

  • @jones2277
    @jones2277 2 роки тому +3

    i had a high credit limit bc i merged two cards. it was great but then a few years later, they sent me a letter announcing that they were lowering my credit limit. they lowered it to half of what it was and down went my credit score.

  • @lilmama396
    @lilmama396 Рік тому

    I constantly update my income when I receive a raise. I like how chase will automatically update my credit limit when I do that. quickly shoot up from 700 limit to 7400 in 2 years. that's on one card

  • @keriXianne
    @keriXianne 2 роки тому +16

    After my sister paid off her student loan, her credit score dropped.

    • @jenem9618
      @jenem9618 2 роки тому +21

      Probably because that account was then closed, which took that account out of consideration altogether. The way credit works is just stupid, imo.

    • @lexalee5795
      @lexalee5795 2 роки тому +4

      Instead of worrying over credit score, she needs to just be glad she doesn’t have debt… people too worried bout credit score versus just not being in debt whatsoever!

    • @priscillajimenez27
      @priscillajimenez27 2 роки тому +1

      It's good to open another line was of credit before you pay off the other. Like a card or a small personal loan.

    • @alexpeters7159
      @alexpeters7159 Рік тому +2

      Happened to me too which made me realize a credit score means nothing in terms of your financial well being

    • @infullbloom3246
      @infullbloom3246 Рік тому

      I know of a person who didn't pay pff his student loans and after 3 years his score went up automatically.

  • @Lemonz1989
    @Lemonz1989 2 роки тому +1

    The credit rating system in the US seems so arbitrary and irrelevant to someone’s actual ability to pay back a loan. For example that one video of parents building a _child’s_ credit rating. How does that even make sense?

  • @cxa011500
    @cxa011500 Рік тому

    I didn't even have to call to get my line of credit increased. I just found out my bank app has the option to request an increase in my credit limit (after a credit check).

  • @mabotesechaba2040
    @mabotesechaba2040 2 роки тому

    My bank in South Africa does it automatically as long as you don’t miss any payments

  • @bucsfan2565
    @bucsfan2565 2 роки тому +2

    Or just reduce the utilization by half by paying early one time a month

  • @docsays
    @docsays 2 роки тому +1

    👎🏽 She’s holding a chase card which is very strict with CLIs. They will hard pull you everytime you ask for CLI. Also if you above 5/24 they will straight deny your CLI request. Very misleading 👎🏽

  • @blakecherry4914
    @blakecherry4914 2 роки тому

    Hello, what are some options for high yield savings accounts? To keep savings safe and secure for the long term? Thanks, new to this!

  • @reg3443
    @reg3443 Рік тому

    Just did this with chase bank and they did a hard inquiry but I did get my increase.However I will not be doing this every 6 months

  • @twlt1978
    @twlt1978 Рік тому

    Never call chase and request a credit limit!! Hard inquiry with Chase better to just apply for a new card

  • @jailene8086
    @jailene8086 2 роки тому +4

    Does asking for a limit increase hurt my score?

    • @ILoveGrub
      @ILoveGrub 2 роки тому +1

      Most banks do soft inquiries and some do hard inquiries. If they do a soft inquiry, it won’t hurt your score (and if you’re approved, it will actually help it.)
      If they do a hard inquiry (they will tell you before submitting if it’s hard or soft), then the inquiry may negatively affect your score by a little bit, but you also have to remember that the increase is going to help your credit so it kinda balances out. For me it’s worth it even if it’s a hard inquiring cause it reduces my utilization which has a much greater impact on credit than number of hard inquiries does, but it depends on your unique situation of course

  • @only1lisalove
    @only1lisalove Рік тому

    Beware! They will do a hard hold and you will loose 5-10 points! My creditors automatically raise it every 6 months. However, Chase has not. I called and did what she says and Chase said they would pull report.

  • @JasonKjellberg
    @JasonKjellberg Рік тому

    Hi you mention doing this every 6 months, how many cards do you call at a time just one or a few cards?

  • @BLIQUEMIST26
    @BLIQUEMIST26 2 роки тому

    I do this with self I’ve gone up 400 I started in march

  • @francymurphy2887
    @francymurphy2887 2 роки тому +14

    They told me they would have to do a hard inquiry 🧐. I can’t because I have had 4 in one year

    • @docsays
      @docsays 2 роки тому

      - exactly she failed to mention that. Not all banks do, but chase definitely does.

  • @Jennifermcintyre
    @Jennifermcintyre 2 роки тому

    My score is 821. How do I get it higher?! Credit history is 30 years. Perfect payment history. Zero balance on all cards and approximately $35,000 available credit.

  • @laurelakers4107
    @laurelakers4107 Рік тому

    This is a dumb question. Let's say my credit limit is 1,000. Can I only spend 1,000 over the course of the month, even if I pay it off each time I spend money? Or can I spend as much as I want over the course of the month as I pay it off each time? My question also has to do with credit utilization.

  • @idgaflivelarge4213
    @idgaflivelarge4213 2 роки тому

    It worked!! Thank you for the tip.

  • @thedanieldrew6695
    @thedanieldrew6695 2 роки тому

    Can I do this even with a secured credit card ?

  • @marybean2231
    @marybean2231 2 роки тому

    I make under 55,000 a year. Is it still advisable to request an increase? I currently am at about 750 and have around 9,000 total. It seems acceptable for my age, but I'm not sure. Should I just go forward with it?

  • @deel699
    @deel699 Рік тому

    How much should you ask the increase for?

  • @Arizona_lilly
    @Arizona_lilly 2 роки тому

    Life is hard w a low score a bad score and only if u have lots cash

  • @markrowland1366
    @markrowland1366 Рік тому

    My credit score is 856. Excelant.

  • @andyraphael
    @andyraphael 2 роки тому

    Cap chase does hard pull for credit limit increase

  • @Aljoy
    @Aljoy 2 роки тому

    How do I lower my interest rate.

  • @megatron2846
    @megatron2846 2 роки тому +39

    I called capital one the other day and tried to get my limit increased and they laughed at me and hung up 😢

    • @nomenclature88
      @nomenclature88 2 роки тому +2

      Capital one has raised my limit a lot without me asking. So I’m surprised that they did that to you.

    • @baby8314
      @baby8314 2 роки тому +2

      😂

    • @ILoveGrub
      @ILoveGrub 2 роки тому +5

      Yeah I’m surprised that happened, I’m literally a college student with low income and I requested an increase on my card that already had 10k and they bumped me up to 25k, which is literally 5-10x more than all my other cards lol

    • @chanmarr8118
      @chanmarr8118 2 роки тому +1

      @@ILoveGrub Jesus Christ lol I can’t get to 10k, even with card paid off. So weird.

    • @2passportsandpostcards
      @2passportsandpostcards 2 роки тому +2

      I’ve had my cc with a capital one bank since 2008. Literally have kept it at $4000 CL never once increased. The bank said I don’t use it enough, which is BS because some months, I pay hundreds of dollars with it (and pay it off in full too). Reading all these comments makes me think that it’s all on a case by case basis and what works for someone who won’t for someone else.

  • @arvinderkaur3338
    @arvinderkaur3338 2 роки тому

    Hey can you do a video on debit cards too. Is it better than credit card?

  • @AngharadMac
    @AngharadMac 2 роки тому

    What if you don't keep credit cards?

  • @Jules4ofakind
    @Jules4ofakind Рік тому

    Can you tell me anything on credit Krama credit builder ???

  • @coleytoons
    @coleytoons 2 роки тому

    Question:
    2yrs ago I went to use a Bank of America ATM. This was a freestanding drive up ATM. So it was not attached to a building. I put my B of A debit card in the ATM card slot it took my card then IMMEDIATELY said they were basically keeping my card for security reasons then gave me a list of other ATM locations that were near by that is could go to so that I could finish my transaction... But never gave me my card back then said "THIS ATM IS TEMPORARILY OUT OF SERVICE". They never sent me my card in the mail or a replacement one and that particular ATM has even been shutdown and replaced with a new Bank of America ATM machine. And for some reason they have never sent any type of notification about them having my card and why. My husband and I have a joint account but our card numbers aren't the same. Any advice on how to handle this situation??

  • @Delsanar
    @Delsanar 2 роки тому +1

    She ALWAYS misses the context in every one of her videos.

    • @docsays
      @docsays 2 роки тому

      I’ve noticed that

  • @LittleGameDev
    @LittleGameDev 2 роки тому

    How can you find out how much income you have to tell them? Im in Canada, I have been working on my credit, due to health reasons I am unable to work so I get assistance from Ontario works. I have been trying to work on myself, get my own place and keeping out of hospital. What would you recommend someone in my position do. I'm currently living in a shelter I only have 4 months to find my own place.

  • @ceciliaparra2329
    @ceciliaparra2329 2 роки тому

    would be my score negative affected if I ask for a credit limit decrease? I just payed off and don't want to have that much credit on a card

    • @TziporaRaphaella
      @TziporaRaphaella 2 роки тому

      Yes. I’d leave it be if you can. My dad hurt a beautiful credit score this way because at 85 he’s from a different era and very anti-credit cards but credit utilization ratio (how much you owe vs how much credit you have available to you) is one of the absolute biggest factors in how your score gets calculated. I’ve honestly heard people offer the advice that if you’re someone who doesn’t want a card or who’s worked hard to pay one off and doesn’t want that temptation- if you can pay the card off entirely but don’t close the account. You can just stash the card away or even chop it up. You could also consider opening a new card with a lower limit and then not closing out and just stashing away the old card. But you’ll take a marked hit most likely- and actively be working against the positive things your paying down that card did for your score- if you request a decrease.

  • @fordayoutube8712
    @fordayoutube8712 2 роки тому +1

    I haven't gone through all your videos. Why JP instead of a credit union?

  • @mcastro187
    @mcastro187 2 роки тому

    You should really mention hard inquiries and soft inquiries if you really want to educate people

  • @dummy4ever816
    @dummy4ever816 2 роки тому +4

    I recently got a new credit card with the same bank, can I still ask for credit limit increase on my first card ?

    • @ILoveGrub
      @ILoveGrub 2 роки тому

      Absolutely! Do it!

    • @dummy4ever816
      @dummy4ever816 2 роки тому

      Also, my credit score is very low and no matter how timely payments I make the previous late payments(2) which are on my report are still affecting it. Any tips on how to increase my score pls?

    • @TziporaRaphaella
      @TziporaRaphaella 2 роки тому +1

      @@dummy4ever816 patience and making sure you do whatever it takes to continue to pay on time, every time from now on. Late payments don’t stay on a report as long as some things (sure beats a collections account which will stay on your report for 7 years!). You’re on the right track making those on time payments now but there’s nothing you can do to take away the old late payments besides wait for them to fall off the report.
      That said- just in case you didn’t know this before, if you ever end up making a late payment again, you can usually call the number on the back of your card and easily get them to remove the late fee and that generally will also keep it from being reported as a late payment to the credit bureaus. I did this earlier this year and was actually dumbfounded by how easy it was. I just didn’t want the late fee but saw it ended up getting reported as an on time payment as well, no credit score hit.

  • @voltatech7772
    @voltatech7772 2 роки тому +3

    But you will probably also get a hard inquiry. Too many isn’t good.

    • @ILoveGrub
      @ILoveGrub 2 роки тому

      Only with a few banks

  • @faenihbs
    @faenihbs 2 роки тому

    It’ll take you 10-20 minutes just to get on the phone with a representative with chase….

  • @jessa1895
    @jessa1895 Рік тому

    I feel so vindicated watching these videos and realizing I’ve already been doing all these things to increase my credit score to the max. Although my bank legally can’t raise my limit anymore since it’s already $12,700. 😅

  • @JustinRios
    @JustinRios Рік тому

    It will also drop your score if you get declined 🤦🏻‍♂️😂

  • @beardedpanda5086
    @beardedpanda5086 Рік тому

    My card companies Chase and AMEX said they’d have to do another credit pull which will temporarily ding your score. Did you come across that too?

  • @HarisKhan-tw2mv
    @HarisKhan-tw2mv Рік тому

    listen to the end every 6 months this is to help you getting declined

  • @fishflakes101
    @fishflakes101 2 роки тому

    But how do you avoid a hard credit check when doing this?

    • @docsays
      @docsays 2 роки тому

      You can’t with chase.
      But you can with discover, citi, & capital 1

  • @cocobutter103
    @cocobutter103 2 роки тому +2

    Isn’t that a hard inquiry if you request to increase?

    • @ILoveGrub
      @ILoveGrub 2 роки тому

      Only with a few banks. They will tell you if it will be a hard pull before you go ahead with the request so you can say never mind if you don’t want the pull. Chase does it for sure

  • @tiffariff
    @tiffariff 2 роки тому

    Raise your credit in 3 minutes: take out your credit card.
    ✍️ 1. Figure out which credit card I should get.
    2. Make sure I qualify and apply.
    3. Wait a month for it to arrive in the mail.
    4. Figure out to use it to raise my credit since it’s my only reason for having it.
    5. Use this step.
    Help.

  • @curtisdavis8594
    @curtisdavis8594 Рік тому

    😊🔥

  • @harshadalali2938
    @harshadalali2938 2 роки тому

    Will there be a credit check for requesting for credit limit increase?

    • @docsays
      @docsays 2 роки тому

      For chase yes

  • @shelldie8523
    @shelldie8523 Рік тому

    Most Americans don't spend responsibly and I don't live there so fck the credit score

  • @jos9485
    @jos9485 2 роки тому

    Once you have this really good credit rating, what do you do with it to become rich?

    • @docsays
      @docsays 2 роки тому

      Leverage it for appreciating assets

  • @mombytes4747
    @mombytes4747 2 роки тому

    How do I get a credit card? I’ve immigrated and I don’t have a good credit score in the US because I basically suddenly started existing in the American financial system without any credit/debt etc.

    • @josettelecoquette8997
      @josettelecoquette8997 2 роки тому +1

      Ask the bank if they have a credit card to help build credit- it usually has a low limit like $300 and they take the funds out of your checking account automatically; it’s meant to help you build credit. The credit unions have them so I asume regular banks do too.

  • @MorningJoySC
    @MorningJoySC Рік тому

    WoW… I never knew🤪

  • @jackies35
    @jackies35 Рік тому +1

    But it's a hard pull/hit!! 😢😢😢😢😢

    • @MessageJEFCRACKSoninstagram
      @MessageJEFCRACKSoninstagram Рік тому

      👆I’m grateful for the support of the above Name ⬆️ on helping me to get a great and high credit score. I will never forget this, Jefcracks thanks

  • @tahminahabeeb175
    @tahminahabeeb175 2 роки тому +3

    Lol I can't increase my limit because I have not graduated from college yet

    • @ILoveGrub
      @ILoveGrub 2 роки тому +1

      Not true!!! I’m in college and I have a low income (probably lower now than when I applied for my cards haha). I have requested and been approved for like 6 credit limit increases, and some of them have even happened automatically. If you are using your card consistently and paying it off, you will have a higher chance of approval.
      Especially if you are using a high percentage of your utilization, and still paying it off responsibly, they will easily increase your limit, student or not. I have a card that had a 10k limit and I’m meticulous about paying it off in full. They just approved me for an increase to 25k which was a pretty big deal cause my other “student” cards are only between 2000-6000 limits

    • @deathbyvanity1955
      @deathbyvanity1955 Рік тому

      ​@@ILoveGrub explain "using a high percentage of your utilization " please

  • @williamclement5001
    @williamclement5001 Рік тому

    I have a question for you please is it possible to talk about stuff

  • @inthelandofmorethansmall7582
    @inthelandofmorethansmall7582 2 роки тому

    Okay but what can I do about OTHER things on my credit?
    I don't have credit cards...
    But my credit is probably in 375-425 range.

  • @NoirRaven
    @NoirRaven 2 роки тому

    I tried that in the bank denied me so... 🤷‍♀️ Slowly paying it off over the next 7 years doing minimum payments; I know that won't help said credit score BUT I am poor, therefore unable to change my fate.

    • @TziporaRaphaella
      @TziporaRaphaella 2 роки тому

      Minimum payments on time DO still help your credit score though. It’ll be a slower raise over time. But if you don’t charge more or end up with anything in collections, over that 7 years you’ll gradually be raising your score by slowly but surely lowering your credit utilization ratio, by having a history of on time payments, and age of account itself also positively affects your credit score.
      I’ve improved my own credit score considerably largely by just doing the same. Really, it often isn’t to your benefit, especially with your credit score (would save on the interest obviously tho), to be paying off a card early or be paying more than the minimum. There’s plenty of financial experts who explain this better than I can. But the biggest thing is that you are paying and paying on time every month (if you screw up and pay late, don’t be afraid to call your bank and ask if they’ll remove the late fee. They usually will. And it’ll usually prevent the late payment from showing up on your credit report too). That positive payment history is one of the biggest factors towards raising your credit score.

  • @devitaschannel12
    @devitaschannel12 2 роки тому +1

    Hey Vivian I actually do that too! Awesome advice! However I have a question? I would like to merge my credit to one card but I don’t know
    How? Can you please help?

  • @raze2400
    @raze2400 Рік тому

    Bad advice never ask for a credit increase and waste a hard pull when you can get another card with a SUB

  • @greeneyedredhead61
    @greeneyedredhead61 2 роки тому

    Ohy goodness. I totally forgot about that little trick.
    I'll try and remember that if ever I need it.
    I am trying to get my credit score to 850, that's my goal. So I'm at 800, so 50 more points to go.

    • @Fanta....
      @Fanta.... 2 роки тому

      Once you're at 850 you'll want to go higher. I wanna get past 900

    • @greeneyedredhead61
      @greeneyedredhead61 2 роки тому

      @@Fanta.... I think 850 is the highest you can go.

  • @Alexandra_Wolf
    @Alexandra_Wolf 2 роки тому

    Chase is especially good with these raises

  • @lynnhidrobo1602
    @lynnhidrobo1602 2 роки тому

    What percent should one spend on their credit line???

  • @xxkarlosxxxxxx7233
    @xxkarlosxxxxxx7233 Рік тому

    She's funny if she thinks I get salary 😂

  • @Gracee40
    @Gracee40 2 роки тому

    But if you don't use enough of it they could reduce it again.

  • @Mr.Useless420
    @Mr.Useless420 2 роки тому

    You can get rich with crap credit, money is money, credit card just create dept

  • @randyabdalla3488
    @randyabdalla3488 Рік тому

    They run your credit that will lower your credit score so this is not true