Make the Most From Credit
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- Опубліковано 5 жов 2024
- In episode 18 we talked with the credit guru Andy Sukhu, President of Y2K Credit Solutions. We covered how to build credit, how to repair credit, how to establish business credit, student loans, child support, debt consolidation, bankruptcy and much more. We also answered credit questions from listeners. This episode could literally change your life.
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so many gems its hard to keep up with, I'm glad this aint college and I can rewind
Facts I’m Memphis we say Big Fackz
im 15 and trying to learn this stuff so when im older i know about this stuff like i was planning on getting a job at 16 and saving up for my future like collage and a place to stay but im only 15 rn so its nice to learn this stuff when im young because school doesn't teach life skills .... well my school don't
Keep at it, Im proud of you for taking responsibility
Ever since I watch the envy and ceasar ep.. I've been completely tuned in to all the other ep's. Great Content fellas.
HipHop POV major facts 💯
Me too
Check them out on 85 south show " your job is keeping you broke". now I'm tuned in.
The information about the Business Credit is not accurate. You CANNOT use someone else's home address. It HAS to be a business address to get the good credit cards. Use one of the business centers or virtual offices so it is a business address. The phone number also needs to be REAL and searchable in the 411 or information directory.
You are absolutely 💯
Thank you this was helpful
Love the content! Everyone needs this education. People don't know that there are 5 factors that make up your score and not just late payments which most 3rd party companies focus on. I work for a financial education company and you'd be surprised at how easy and fast it is to fix your credit yourself!
Enlighten me!
Facts. I did it my self. I literally had no credit score. I started back in oct 2021. To date, I have a 691 credit score and a 731 fico score.
Excellent video! Easy to understand and engaging! Unlike a lot of these other credit building videos 🙄 You got me pumped and excited to start building back my credit and move towards financial freedom and literacy! 👊🏾
Business Credit trade lines Quill, Uline, Grainger for example. Pay Vendors before 30 days.
Do you have problem with increasing your credit score and removing your poor credit reports, I've got a good news for you , my credit score was just increased from 470 to 820 and and all my awful credit reports has been cleared,he also hacked into my 3 credit bureaus, let me introduce you to Michael Gibbs, you can contact him through his mail 'Gibbs@creditpatchup.com'and thank me later.
The beauty of subscribing! I got this notification just in time. Going to tune in on my 45 min commute home. Y’all are amazing! Keep up the great content. God bless my sister for putting me on!
Listening live from Toronto, Canada!! 🇨🇦
time well spent on the commute...
Love this podcast highly insightful.. luv from Toronto 🇨🇦
Love you guys for this!🙌🏾❤️🙌🏾This is one of your top videos to me! I listen to all of your podcasts!
🙏🏽 Thank You🙏🏽 Many Blessings in paying it forward!
I started my niece and children credit at the age of 5.That's when they can sign their signature. When they turned 18, I removed them from my credit line. After they opened up their owe credit cards. Today my children are 21 and 32 with a credit score over 760. And as for a person credit line. It depends on your yearly salary. Don't use half of your credit card and if you do. Pay it off before the 30 days.
Credit Repair worked great for me with Brandon Weaver. He was able to get one of.my collections completely removed. Yes hes sent letters that I could have done but like many other services I paid for convenience and dilligence..and it worked.
Me 2 Got Me From 555 to 790 2 Months!!!
You guys should start putting your guests social media @'s in the below video description to make it easier for people and benefit the guests more. I got it from the vid but most people are lazy, copy and pasting from the description would be much easier for us and would only increase follow through for the guests 👍
"Banks do what they see other banks do if you have an inquiry and the account doesn't open the other bank will likely reject and each inquiry is 5 points" 💎💎💎
You actually don't have to pay interest on your credit cards to build your credit. I went from a 520 to a 650 in less than a month just from getting my credit utilization down to less than 10%. The key to building your credit is that want to pay your statement balance off in full each month, keep your inquires low, and no LATE payments whatsoever. If you want to speed up the process just make sure your posted balance at the end of your billing statement is less than 10% on each of your accounts and watch your score shoot up.
Financial advisor, but doesn't know about credit. I'm happy that you have these people on here to learn from!
You DO NOT have to pay interest on credit cards. Credit card companies report to the bureaus what they bill you and not what you pay. You can and should (if you can) pay off your credit card every month at any credit score.
FACTS!!! Just wait to pay it, until after they(credit card companies)report it to the 3 credit bureaus.
Everyone needs to see this! Always pay in full every month. Never give the bank 22% interest on your money. Make the bank pay you for using their cards! If you're paying interest you might as well forget about your cash back or airline miles.
What they know and what they tell are two different things
That’s not true. What’s reported is your balance each month, which could be what they’ve billed you or what you’ve paid minus what’s been billed by the statement date.
I'm not sure if this applies because the Guest did bring up "the bank making a little bit of interest". But from my own experience I do understand if you are trying to build or rebuild credit that there are games/rules to be played. Now remember he said if your FICO score is 650 and below, he would not suggest paying your card off - but if your score is 750 or above it doesn't matter because you have already achieved your Goal. I once asked a credit card company for a credit increase and was told - they needed to see 12 consecutive payment instead of being paid off monthly and that I didn't carry a large enough balance...WHAT?!
So I'm not saying I like the game, but I kind of understand what the Guest is saying. Plain as day, that company was looking out for their Bottom Line.
I'm binging at work lol Great content bros! Can yall do an episode on business credit? How to get it? How do they calculate business credit scores? etc
Do you have problem with increasing your credit score and removing your poor credit reports, I've got a good news for you , my credit score was just increased from 470 to 820 and and all my awful credit reports has been cleared,he also hacked into my 3 credit bureaus, let me introduce you to Michael Gibbs, you can contact him through his mail 'Gibbs@creditpatchup.com'and thank me later.
Your credit limit also depends on how much money you are making. The more money you make, the higher your credit line.
It would be really helpful if you guys put the guests contact info in the description consistently.
I have pretty good credit and I never knew you can ask when they report to the credit bureaus. I will be on the phone Monday. Thanks 🙌🏽
Do you have problem with increasing your credit score and removing your poor credit reports, I've got a good news for you , my credit score was just increased from 470 to 820 and and all my awful credit reports has been cleared,he also hacked into my 3 credit bureaus, let me introduce you to Michael Gibbs, you can contact him through his mail 'Gibbs@creditpatchup.com'and thank me later.
Love the show usually but the “expert” on credit was highly biased against a proven strategy of credit repair.
Credit experts do what many of us don’t want to do. Like mowing the grass or washing the car. I can do it but I make more money not doing it and just paying someone to do it for me.
I went from a 500 to a 700 plus credit score in a month using a credit repair service. Then I applied to 5 credit cards that gave me $70000 in credit cards limits (at low interest or 0%) that I use to fix n flip cars with. I make 25-30% returns month over month. All money in!
Credit repair works for so many reasons I would pay $1000s for it.
I wrote this comment @30:00 in so if the information changed ... Mybad! Lol
Go Yourownway flipping cars is something I’m interested do u teach others on how?
What credit repair company did you use.
I agree with you
how are youdoing now? stuck?
Reginald Exum Alex Miller Credit Repair is good. Based out in Texas but he can be found just by a simple google search. I used them.
I disagree with him on payng your card off every month. What you should not do is pay your card off earlier before your monthly billing cycle is up. It may sounds confusing, but this is where automatic payments come in. You pay off your card when the bank is expecting you to pay it off and it automatically come out of your account. I've been doing this for 6 months and my score has been going up ever since.
Rico H. This was helpful. Ty! 🙏🏼
Honestly I’m so happy I can now boast of a better credit, by this time last month I was totally exasperated by my credit state, I thought my report would never get in good shape, I had a very low score of 448 with 17 negative items on my credit report,Thanks to CREDIT PATCH UP LLC...they increased my credit to 802. I’m a happy client who would love to reach out to those who seek for an effective and honest credit SCORE BOOSTER, you can look up Michael Gibbs or better still email [Gibbs@ceditpatchup.com] THEIR service is fast and safe, you can thank me later.
Love this podcast highly insightful.. luv from Toronto 🇨🇦
First time watching yall guys. I like it. Keep it up.
I looked up my score while listening to this! You guys are a gift.
My Goal is to get my score back to 730.
That is very possible, I did use the services of a programmer called Michael Gibbs from Credit Patch Up LLC to get rid of bankruptcies and hard inquiries off my credit report and my score was also boosted to 790+ within few days. You can get to him via [Gibbs@creditPatchup.com] if you're in need of any credit help or advice.
It’s been a year you’re probably at 800 by now god willing
@@phlyyungin233 still working on it man
Man Credit Repair is not a Scam that's like saying being a lawyer is a scam because you can defend yourself 👎👎
FICO scores is 813 now and it posted on all reporting agencies with the service of Goldensurvey ◼org PSA It also works if u have a VERY GOOD credit score and need inquiries, collection accounts, charge offs or debt etc removed
9 minutes into this and my mind is blown. Great start to this episode. 🙌🏾
Just a piece of feedback fellas; I’m listening to this on my headphones and I have to turn it up to the max to hear your guest then turn it down really fast when y’all start speaking again because it’s way too loud. Sometimes guests forget that there’s people listening & learning from these interviews & they speak very low. I know u guys know this it’s just something that u have to keep in mind. Great info though I appreciate y’all!💪🏼😤🕯
Watching this episode in January 2020! Awesome episode
Minute 12:39 Rashad “we gawn chop it up and break it down” classic
Thank you for mentioning Regus virtual office.
Now this one is a classic!! Didn’t even know you had lost tapes like this !! This helps out a lot !! I seen a lot but this is top 3
Lol @ lost tapes 🙏🏽🙏🏽
Can you do one on tax write offs for entrepreneurs
JasSlaughter1 yes to this 👍🏾👍🏾👍🏾
Nooooo.... that's not good u get less in loans
Just want to clarify something for Canadians 🇨🇦 regarding student loan deferrals. In Canada, when you apply for the repayment assistance plan(RAP) the government makes the interest payments for you so it appears as paid (doesn't show up as a derogatory remark). With this program you need to reapply every 6 months. For the first five years you're in Phase 1 which is just interest payments being made by the government but after those 10 application periods you are transferred to Phase 2 which means the government starts paying down the balance as well. All these will appear as on time payments, however, once you are in Phase 2 you cannot get another student loan until you get off that program and make payments yourself. If you do go back to school at that point or while in Phase 1 and get an additional loan your payments will be deferred automatically until 6 months after graduation.
You good brothers are like the "CNN of the Culture"(mic drop) I appreciate this episode. Your guest really gave some really dope information. And your testimonies are absolutely amazing. I teach Financial Literacy through my Not For Profit, where I empower DV Survivors to help them build personal credit, establish relationships with financial institutions(banks, insurance companies, credit, etc) and assist them with creating a business. Blessings to you and yours, my guys..You brothers are LIFE CHANGERS..Salute!!
this guy is the truth i've been through some BS with these "credit repair" companies i've just been wasting money
Hello steve ,i guess you havent meet the rigth credit company I did use the services of a programmer called Michael Gibbs from Credit Patch Up LLC to get rid of bankruptcies and hard inquireis off my credit report and my score was also boosted to 790+ within few days. You can get to him via [Gibbs@creditPatchup.com] if you're in need of any credit help or advice.
This my third time seeing this an I never noticed Rashad ass dozing off hard!! But he kept up with the whole story. 🐐🐐
this is my first time seeing this episode 🤦🏿♂️ thanks
Keep it up guys!!! Can't wait til you hit 1m subscribers!!!
Awesome content 🙌🏽 thank you knowledge is truly key I'm grateful for y'all sharing
Very informative!! Thank you for sharing credit details
I’m very proud of you all!!!!!
My New Favorite Pod ! 🙌🏾
All this free game is greatly appreciated 🙏🏽
That episode was packed with gems! Thanks!
Was listening to this on Spotify and had to find it on UA-cam just to get this guys name ...fixing credit in 90days?!
Thank you for sharing this detailed credit and finance podcast
WHEN YOU GET AN EXPERT LIKE I DID YOU WOULD REALIZE GETTING A CREDTREPAIR WASNT ALWAYS AS DIFFICULT AS WE ALL THINK
The settlement advice pertaining to calling the last 5 days of the month. Does that also apply to federal student loans in default?
no
Omg amazing information. Gem after gem.
I did it myself. I literally had no credit score. I started back in oct 2021. To date, I have a 691 credit score and a 731 fico score.
Interview Jamie Dimon, Charlie Scharf,James Lee Jr. ,Ken Griffin... that’s big time for the culture! 🙏🏽👌🏽
Great video, new subscriber from Toronto.
Great information. Thank you for your content.
Love you gentlemen for providing valuable information. Just wondering why you didn't offer Andy any water? He coughed several times which would have given me the hint he needed something for his throat. Just an observation... :- ). Love your channel!
Awesome build
Does department store business cards help?He didn’t distinguish. I think he said it doesn’t help in the personal score aspect
15:50 why he says don’t pay off in full does he mean don’t pay in full until the credit reporting date or due date?
Bankruptcies can stay on 10 years, not 7. :( Can we get a REAL credit expert?! PLEASE.
I had a damaged credit issues which include the following: bankruptcy, eviction filling and outstanding rental balance, delinquent state and federal tax debts, a horribly low credit score which affect my credit report. Michael Gibbs from CREDIT PATCH UP LCC came to rescue me and He started the repair which he concluded within a week. He raised my score to 780+, payoff my debts and apply new credit cards with good limit. You can also search on [Gibbs@creditpatchup.com], He is a well known debt relief with a lot of experience.
No chapter 13 can stay for up to 10. Chapter 7 can come off after 7 years. FCRA RULES
For real this guy is a joke whole bunch of inaccurate info
Great show today fellas
What if you have a credit card reporting as negative because you missed a payment, will it take 7 years to fall off your credit report or 10 years? I thought it was seven years. Thx
Appreciate y’all 🐐🐐🐐
Working ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------with markenstech911.com is not so easy , they are a bit pricey and I feel they are because they are few legitimate ones , only few real ones and they are on e of them , they will do exactly what you want and how you want it but money speaks , I did service with them tho , fixing my credit its been cool since then
This was right on point!!
Also if a company keeps sending you letters and phone calls, you can hire an attorney and show them the letters. Some letters could be harassment, and your attorney could sue them for 500 to 1500 bucks. That money goes to you 👌
The middle cat Mic too low.
33:45 what was he saying about a virtual space? What was that name?
Regus
Yup. They’re all over the country. Physical and virtual office spaces.
Can someone explain what he means at 14:16? I’m pushing to learn! 🙏🏽
Actually those letters got my score raised 50+ points. So it’s hit or miss it depends on who wrote it
Can you get past inquiries removed from your credit report? Thx
How can I increase my Knowledge of Banks in order to Leverage that info to get approved ? Is the only way throughing working for a bank ?
Thank you for this content fellas.
I do not agree with alot of things he has said. Credit Repair is not a scam, you should not ever pay a collection account. Now paying the original creditor yes Verizon, Sprint, Tmobile, Mastercard etc....I have repaired my own credit by freezing my lexis nexus, sagestream etc...
Who else did you freeze and how? What was the benefit of freezing your accounts?
@sharlisserashied @valbeacham
Can we get together in teams or via email. I would like to get some tips from you ladies and share my knowledge
Exactly worst guest so far
Thank you all.
Does a debt resolved affects my credit? topic in minute 21
After reading so many articles , reviews and suggestions I found out Mr Looper was really helping people get their scores right on excellent so I also hired him and today I'm now having 800s on all bureaus with my negatives removed totally . Thanks to 101expunge🎡COM
So what was this speculative investment @ 11:40?
So much knowledge
This guy is very positive but The Credit GURU "Corey P. Smith" is more effective. UA-cam him
COREY P. SMITH
God is Dope owner Sharod needs to be on this podcast!!!
Great info!!!!!💯💯💯
Keep going champs we need y'all
Absolutely true "nothing is free in this country "
Can anyone give me some advice on how to go about debt settlement?
We appreciate yah.
I love the content fellas!
Great show as always my guys!
Who is the author of that book you recommended?
Robert G. Allen.
Do you have problem with increasing your credit score and removing your poor credit reports, I've got a good news for you , my credit score was just increased from 470 to 820 and and all my awful credit reports has been cleared,he also hacked into my 3 credit bureaus, let me introduce you to Michael Gibbs, you can contact him through his mail 'Gibbs@creditpatchup.com'and thank me later.
Doesn't the monthly amount include the interest??
So after 6 inquires it starts to go down?
Great video!!
Andy is lucky this video was pre covid!😆
Say what ---- don't pay the bank for one month so the bank can report that you are OK? Sorry it sounds bewildering but banks are capable of employing any trick to make money off of you.
Bro in the middle was way too quiet in the mix, you guys need a compressor on your podcast mix or more attention to levels
Come to MN!!!! I will y'all like kings
does this guy have a youtube channel?
Can we get the guest business information please.
If you can’t buy something cash, you can’t afford it.
- I forgot who said it.
Prod. AD if you can’t pay for it twice then you can’t afford it.
2GoTravel super facts
2GoTravel It’s actually 3x. It was a philosophy of purchasing a car. Basically if you make 60k, you can get a 20k whip and live comfortably. Sadly, most folks get whips close to their income, due to the fallacy of payment appeal for long term.
Ok but a lot of people don’t have any money to even pay small payments. Cover that, don’t skip over that part
Do you have problem with increasing your credit score and removing your poor credit reports, I've got a good news for you , my credit score was just increased from 470 to 820 and and all my awful credit reports has been cleared,he also hacked into my 3 credit bureaus, let me introduce you to Michael Gibbs, you can contact him through his mail 'Gibbs@creditpatchup.com'and thank me later.