What's your credit score?

[srizzors25]

763! But I haven't had a credit card for too long. Finally got a real job less than 2 years ago and 2 non student credit cards within the last year/1.5 years. And now I've got the car loan going on.

Never missed a payment, don't overspend etc just low # of accounts/credit utilization/young credit history. I'd like to think I'm doing alright

[0351USMC]

Originally Posted by Burrcold

Whoa!

Yeah I know. First one was when I was in the Marines. Second one was a few years after I was out.

[Burrcold]

Originally Posted by 0351USMC

Yeah I know. First one was when I was in the Marines. Second one was a few years after I was out.

Three times a charm, or are you done?

[0351USMC]

Originally Posted by Burrcold

Three times a charm, or are you done?

Its debatable. Depends on the chick.

Basically its like this: I meet a girl, start dating, get serious. She has to wait a minimum of a year till I will move in with her. She has to wait a minimum of 4-5yr till I'll propose, then another 9-12mo engagement. And if she wants kids another 1.5-2yr wait.

So if a chick has an issue with any of that, then there is the door and don't let it hit ya where the good Lord split ya!

[totopo]

Originally Posted by Andrew025

Now that you mention that, I've noticed mine went down like 10-20 points since I last checked a year ago. The only thing I've been doing different is paying off the balance every month on my amex(around the same $$ amount as you).

I don't understand who comes up with this stuff.



Edit: old thread is old

you have to understand the point of the credit score. It is the likelyhood of a creditor to earn money off of you if they loan you money. if you default, that is obviously by far the worst for a creditor, so that tanks your score.

If you pay off your loan early, that is actually BAD for the creditor since they don't earn the full interest they expected to. But even better than paying everything or paying nothing is the point where you have a steady income and pay bills on time but have just enough debt that sometimes you can't fully pay off all monthly bills and end up paying penalties and extra interest, but you aren't in so over your head that you will default, and you always make payments.