How to Get a Perfect 850 Credit Score

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How to get a high credit score. It could take 9 years to get a perfect 850 credit score. More Point Rewards cards: bit.ly/2zwa5Qn
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Опубликовано:

21 июл 2017

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Комментарии : 802

@ashelystone8230 6 лет назад

It about time.. Someone who jumps in and tell use the solution right away. This guy does not waste time with a bunch of talking.

@godislove3198 6 лет назад

Yes i do agree very nice vid so informative and quick easy tks Sebby

@Codeblack_the_1 4 года назад

In my opinion, this guy puts out too many technical facts out too fast. It's as if his main priority is to sound smart rather than for the average view to grasp what he is saying.

@amolradio5885 6 лет назад

I went from a bankruptcy to 814 in 9 years. I worked my butt off. I started with a couple of secured cards and now have 21 cards one with a limit of $21,400. Never thought I would live to see the day. lol

@Shant2 4 года назад

21 credit cards or 21 accounts ?

@k_escobar917 5 лет назад

I got ONE secured credit card 😂😂😂😭 no one judge me!!! I’m repairing my credit 💯💯💯💯

@KforKronic 4 года назад

Update ?

@1seaboyd 4 года назад

As one who has been in the mortgage and finance business for more than 30 years I can tell you that you can take that 850 score and $2 and buy a cup of coffee! You get nothing for having a perfect score. You either have excellent credit or you don't! If you have a 770 score that gets you the same as 850! So, if you want to beat your brains out trying to be perfect, go for it! You know the results!

@davide4607 4 года назад

There is some usefulness to a 850 score vs a 770 score. If you ever get a late payment or have anything else happen that negatively affects your score the 850 provides you with a buffer zone so you can handle any negative impacts better.

@annajuliahall3923 4 года назад

As smart as a wall..

@michaelwaters5168 6 лет назад

An easy way to build credit is use a credit card for a dedicated, recurring payment such as your cable bill. Pay the bill using your credit card and set the auto-pay feature to pay that card in full each month. Think about how many auto-pay accounts (utilities, cell, insurance, etc.) you might have that could be building your credit and get a card for each one. You are already paying these monthly so why not use these recurring payments to your benefit and increase your credit score.

@nellymaisonet5293 6 лет назад

Michael Waters Didn't think about this.Very true .Thank for this information.Going to do this ASAP!

@molaragold4642 5 лет назад

I started doing that for all my bill except my rent and my monthly credit score increase is awesome!!!

@GX2re 5 лет назад

Great idea, thank you!

@luxurycardstore 5 лет назад

@FURinTeeth I agree 100%. Autopay while collecting unemployment or while being underemployed can possibly destroy your finances. Autopay is only for the financially stable.

@rampartd.1100 5 лет назад

@@luxurycardstore Why are people in the comments of an 850 credit score video who are not financially stable? Lmao

@adamsmith8689 7 лет назад

You'd be surprised how quickly 9 years can fly by.

@dansonhonda2551 5 лет назад

Just graduated college with a 797!

@thiaguinhogameplays 4 года назад

Damn! I'm so proud of you Danson.

@teamevolvesold 3 года назад

You rock!

@daishanewsomednp6956 3 года назад

111 likes

@apricotcomputers3943 2 года назад

really good work! now go make money teaching other broke students

@freetshirt_250 Год назад

🎉

@kingsleyezeanaka558 6 лет назад

I'm on 745 now. Only 8 months ago I was on 640, freshly rejected by Chase freedom after which my 700 score took a nose dive. I was new in the game then with only a 6-month-old secure credit card of $500 limit. Now, I know so much about credit it's almost an obsession. 3 CC's now with a combined $8250 limit. But I am still not gunning for an 850. I just want to be in the excellent range which is 760 and higher. I am inching closer to it with each passing month.

@AskSebby 6 лет назад

My (probably crazy) thought process is that it's a hobby that actually helps me travel for free and gives me value back (while increasing my score). In contrast, other hobbies (car tuning, audiophile, etc.) are all related to spending money. For both, you're still optimizing, but it's the outcome (value inflow + happiness vs. value outflow + happiness).

@tamirajohnelle4700 4 года назад

Congratulations!!!

@kingjay3454 4 года назад

What 3 credit cards do you have if you don’t mind me asking?

@kingsleyezeanaka558 4 года назад

@@kingjay3454 Oh wow. My original comment from 2 years ago kinda aged well. Right now I'm on 795 with 6 CC's with a >$62k in combined limits. My first 3 cards were PNC visa rewards card, capital one platinum card and discover students card. Since then though, I converted the capital one to quicksilver and the discover to the 5% cashback card. Also added 3 more cards one of which is the initially rejected chase freedom. My new obsession is investing lol.

@kingjay3454 4 года назад

Kingsley Ezeanaka Awesome! Glad I got the update, you’re doing amazing! Keep up the great work!

@GreenKC 5 лет назад

I wish someone taught me this stuff when I was 17 so I could have gone out and applied for cards as soon as I turned 18.

@EB5005 4 года назад

Well, the trick to that is that you need credit to build credit. So the average 18yr old is stuck getting all the BS CCs

@JUS2CHILL 2 года назад

Thanks buddy this was great. I’m already above 760 credit score by applying your strategy and I never knew all of this when I started. I actually started with a 610 and now I’m. 760. Took 8mos but can’t believe I was missing so much. Thanks again.

@hectorburgos2368 6 лет назад

This is a great video. I have never had this explained to me this thoroughly and simply before. Thanks for the info.

@williamyarish7501 6 лет назад

Nice video , very informative. I had score of 850 last time I applied for a loan . All the things you outlined are exactly what it takes to be perfect. Usually people do not think of or worry about their score until they apply for something and are denied.

@leilani2258 4 года назад

Thank you Sebby for this, you have already helped me improve my credit score in the past year. In hoping I can make it to the 800's

@MrMiguelquinones 6 лет назад

This video is AWESOME! I never knew half of this stuff. Sharing it with my kids too! Great job, extremely informative!

@jakemoylan3179 5 лет назад

I have had the discover it student card for 6 months and my score is 771. My report shows that the only bad thing I have is a 6 months credit history and I only have 1 card. Other than that my utilization is 2% and I have no late/missed payments. I have learned these habits from you and I thank you for all your credit card info.

@Bey11ktb 6 лет назад

Best credit card advice I've gotten. I didn't really understand that if I'm approved for 1k, I should only spend $100.

@DNYLNY 6 лет назад

U can spend $1000. Just pay it off before the statement closes and your utilization rate will be 0%

@kellyakakells 5 лет назад

Yeah you can spend $1000 just make sure to pay it off before the next closure date.. Having a balance of $100 before the next closure would denote 10% utility rate..

@enzhus 7 лет назад

Congratulations! Your 850 FICO® Credit Score on 08/29/17 is the highest score possible and does not have any associated key factors.

@ms.woodard8714 6 лет назад

I really dig this video I saved it and I will watch it whenever I need. I'm trying to approve my score. Thanks

@dgareth3192 6 лет назад

Thanks Sebby and everyone in the comments for helpful tips. Wish all this info was available when I was 20! I'm 30 now and along with my brother we have finally achieved a credit score of around ~825 after years of meticulous credit "gardening". After owning a business for over a decade, I just wanted to throw this out that banks are more likely to approve you for a loan or line of credit the higher your total credit line is at. e.g. They prefer someone with a 750 score with $300k in credit line over someone with an 850 with only $3k to their available credit. Going by experience, you may not get the best interest rate, but your chances are higher if you ever need capital.

@carriebishop8568 5 лет назад

Hi Sebby, I'm a new subscriber to you and I'm so mad because I've worked so hard since my first bankruptcy from my first husband that put us into debt in 1998 now my second husband created debt also and I had to file again. Each time I Rose my credit score in the 800's and for the last year my credit score was 859 I was shooting for 900 and now everything's been wiped out again. So this time I'm not going to have this happen again. I'm 61 years old and need to have good credit. I didn't need 20 Credit cards to get to 859. And it took me nine years to get the score because I had the score for at least a year. I only had two credit cards.. Anyway I'm enjoying your videos take care, Carrie

@darrenmuhlbeier667 6 лет назад

That was the most informative and useful video I have ever watched in regard to credit.. You're Awesome.. ☺

@LOLewie 5 лет назад

i subscribed. Thanks for this video. learned a lot. its amazing how everyone needs credit. yet they dont just tell you the formulas of how the score works or tips to keep it high.

@user-iu6bv8vu8o 5 лет назад

Your direct & to the point! I love it....Great info....But, anything over a 700 is just fine in my book!

@Thracianbeatscrixus 5 лет назад

Great video Sebby! I’m so glad I subscribed! Keep up the good work bro💪🏼

@marciamellow1211 6 лет назад

OUT OF ALL THE SITES, YOU ARE THE SMARTEST, AND THE EASIEST TO LEARN ABOUT CREDIT.. VERY INTERESTING... THANK YOU...

@nofalsegod4 6 лет назад

Yes sir. I am 32yrs old and I have 815 CS. Im going for that perfect score forsure.

@kravenofspider 6 лет назад

I'm shooting for the 800's. I just want enough tactical flexibility that if I do falter or something bad happens, I might be able to recover well.

@NYCHeckler 7 лет назад

Love the haircut Sebby. 1-Fade high and tight looks dope

@jamesd493 3 года назад

A very informative video. For those just starting to explore this world, I echo Sebby, set up Minimum Pay Auto-pay on all of your cards. Also, respect your budget/pay days and request specific due dates for all cards. Good luck!

@TigTig-Kitty 6 лет назад

I have an 850 score, I was able to do it because I've always been financially responsible. I followed simple rules never spend money you dont have, pay your bills off early and never ever miss a payment, and get a few different types of credit and always keep your first credit card you got open. I did cancel one card but I had 2 other cards & a LOC. I use to have a balance but I paid off huge chunks by doing a balance transfer to a card with 0 interest for 6 months, so I managed to pay off way more principal!

@squaredeal1006 5 лет назад

That was laid out very well. Thanks.

@josephhorvat7253 4 года назад

Absolutely great info without indirect chit/chat very good thx

@jakecalderon6063 6 лет назад

I'm in the process of rebuilding now.. this is an awesome channel!

@usedbyjesus 5 лет назад

Keep this in mind Higher your credit score lower the interest.

@paulbaerwald8055 5 лет назад

Dear Sebby: Thank you for the informative concise videos. You have helped me so much. On the way up from 700 to 850. Greeting from Alameda:)

@rrey7665 6 лет назад

Great video, you are a good instructor.

@MrSlurpee12 6 лет назад

Thanks for the info bro. I appreciate it!

@silvinodiaz6736 7 лет назад

Thank you for the very informative video by the way.

@hotmojo1 6 лет назад

Learned something today, thanks!

@theextremeteam4733 4 года назад

Thank you . This is what I needed an now I’m go for this score.

@ShanraePrice 6 лет назад

This video was helpful and informative. Thank you

@Ugglahhh_ttv 6 лет назад

im going for a 850. i look forward to a perfect score also. great video very well put together!

@FishD_ 6 лет назад

amazing video !! i needed to know the math behind the payment history !

@ericfleet9602 5 лет назад

A perfect credit score isn't any better than an 800 credit score. Glad to hear Sebby say this right off the bat. When someone doesn't try to bullshit me right off the bat and it makes me want to listen to the rest of their message.

@relaxmeditatechill3323 7 лет назад

Because of your advice....I now pay off my CC at the end of everyday I spend on them. Keep teaching bro✊ also nice bottle in that brown bag in the backdrop🥃

@fnukwnlnukwn494 6 лет назад

Then, why charge?

@lavelbrown9352 6 лет назад

FNUkwn LNUkwn exactly

@777sweett777 6 лет назад

I thought he said not to pay it off, but to leave at least a dollar in there.

@plantagenetsurvivor8771 6 лет назад

sure kleen - If you let a statement get issued with a small balance and then pay it in full, it will get reported to the 3 credit bureaus that you paid down your account. That increases your score. By paying it off everyday....it looks like you don’t use it to them.

@plantagenetsurvivor8771 6 лет назад

FNUkwn LNUkwn For the rewards. Pay attention!

@SportbikeUnitedRiderz 6 лет назад

shessshhh I'm at 815 ....need to continue my journey. Guess it was the inquires of I approved. Great advice !

@mrbluboy44 6 лет назад

Great video, Great insight, thanks for the knowledge...

@amb158 5 лет назад

I always thought that getting a better credit score was impossible until a few weeks ago... I had discover increase one of my credit lines by almost 1500 bucks, and that alone increased my credit score almost 50 points, and I opened up a few more lines, and after a couple months I hit 720, all up from about 650. I am pretty young which is why the changes are so drastic, but still really cool to see that happen

@Mtinabrms 7 лет назад

Your a rock star ⭐️ Sebby

@mrp5620 6 лет назад

I'm an 850 & in my mid 40s. Learn young. It pays in the end.

@drewthermos3866 3 года назад

Great content Sebby! Could you please do a quartly or yearly quick round up video that addresses if this is still accurate or have things changed? Thanks!

@terrancewright4999 3 года назад

Thanks for this Sebby ! I’ll be happy with 800 😎

@juelzm149 6 лет назад

Good information! Not going for 850 but I do want to go up! Thanks!

@alexandergarcia3476 6 лет назад

Great video! I'm fairly new to all this so I'm just trying to get a headstart and build my credit score up while I'm in college and things aren't too rough. I only have one card and have a score of 751, but get updates monthly saying my age negatively affects my credit score so I'll test out the things you mentioned and hopefully I can finish college with a score around 800.

@AskSebby 6 лет назад

It's definitely a "take x steps back and x+y steps forward" approach early on, but I think it's the logical/optimal move.

@soylarcandles 6 лет назад

Excellent advice!

@ethanpoytress4363 5 лет назад

Great video, very informative.

@rjtumble 6 лет назад

This was useful, thanks.

@TheDouVu 6 лет назад

lol, already pretty much there, I just pay everything on time without bothering to check my score since I honestly didnt care that much. When I did finally check my score, it was in the upper 700s.

@bahatidramou4818 5 лет назад

Best video ever!!! Thank you,

@jackimullinax6541 6 лет назад

Great info. You got yourself a new sub!

@UFOCurrents 5 лет назад

Excellent video. Thank you so much!! :)

@sofiastefani 6 лет назад

That was amazing. Thank you

@marct7905 5 лет назад

Great video. Solid information !

@BBond88 6 лет назад

Amazing video! Thank You

@patrickconnolly7799 5 лет назад

Great talk!

@ericwilliams398 6 лет назад

My credit score just shot up, and a month faster than I expected. I made a large payment on my biggest debt, a few hours before my statement was finalized. Even though my free credit report said they report every 1st of the month, my July 25th credit score reported the statement balance from July 18th. Nice to know, and it was instant satisfaction from paying my debt off. One of my other cards truly is about a full 7 weeks behind in actually reporting.

@stevenvillanueva538 6 лет назад

Thanks, very helpful

@holyspiritlivesinms.d.a2200 6 лет назад

Thank for the credit information. Now I know how to play the game.

@ketankshukla 6 лет назад

"I'll see you in 9 years" LOL!!! That was hilarious!! :D

@dingmingzou9866 6 лет назад

I'm happy with 790 right now, but going up to 800+ will look cool. still waiting

@angelasmithd 6 лет назад

Excellent video!!

@Thousandeyes85 7 лет назад

You don't want 0 utilization, but if the balance is too low ( like a dollar) the bank might still report it as 0 and write off the dollar. ( I've had it happen to me)

@billyward6570 4 года назад

That's 100%. I called discover about this and the representative said you'd probably have to leave around $10 for them to actually not waive the fee. That seems quite high to me.

@davide4607 4 года назад

0% utilization is totally fine, that's a myth.

@zonk1477 3 года назад

@@davide4607 0% utilization is bad, it shows you don't use the card at all. You don't want to prepay before the bill posts. You want it to post a bill, when it shows a bill you pay the full amount off.

@davide4607 3 года назад

@@zonk1477 Not true. Banks report your card as inactive if you literally don't use it at all. Using it but paying it off to show 0% doesn't report an inactive card.

@FlexSZN23 3 года назад

0% utilization is myth.

@AnotherDayOfBeauty 5 лет назад

I’m at 791 right now and can wait !! Is game with myself .. just for fun !

@pac21989 5 лет назад

exactly what im doing. had 500 credit. got a secured card. boosted me up to 700. after a year i got another 10. now im just sitting on them. next is a loan so i can make installments. they like to see that.

@tanyafabuluje4141 5 лет назад

Thanks so much so great information video!!@

@diverhose 5 лет назад

Excellent thank you!

@tomlauren2009 Год назад

Good advice. However, regarding getting 21 credit cards and then waiting 9 years, there may be one catch that you didn't mention. Many (most/all?) credit card companies require you to actually use the credit card once in a while. Failure to use the card for a large period of time can/will result in the credit card company closing your credit card account, possibly without notice. If you liked that card and wanted to keep it going, you'd need to re-apply for a new credit card, setting the amount of time for that card back to zero. I mention this because I learned this the hard way. I had a credit card for 13 years - it was my longest-owned card. However, I didn't use the card for a couple of years, and the credit card company cancelled the card - without giving me any notice and without giving me the option to keep it going. So that "get a bunch of cards and hold on to them" plan may require you to use every one of those cards periodically - perhaps once every 3 months - even if it is just to buy a candy bar or something. So that's 21 credit card uses every 3 months - not impossible to manage, but not trivial either.

@c.s.herman860 5 лет назад

Love the channel! Question 1: Are all these credit scoring tips the same for Canada as in the US?

@meghandarlin1050 6 лет назад

Ughhh thank god I find u, ur a life saver I'm about to be in adulthood so stressful I just turn 19 I've always been a independent adult at a young age with no parents but god damn I'm at the age of wanting to purchase big items like a condo/penthouse & car.

@Dominion-1 7 лет назад

I was told by a Citibank rep, that inquires after 6 months are not calculated as much as 1-5 months.

@IWatchAndLearn 6 лет назад

amazing video bro.

@mattv2099 7 лет назад

Business opportunity. someone manufacture and sell 850 plaque's.

@AskSebby 7 лет назад

"All for the low price of $850!"

@juliehowell1112 4 года назад

Great video

@hatcher2262 6 лет назад

It is true about losing points. I was so close to 800 with a score of 793 and one of my card closed because visa no longer associated with the company and I my score drop to 782. I had that card over 15 years and took me down. I just wanna get over the 800 mark just once in my life. Points start slowing down the closer you get to the top. Old signatures loans fall off your report. And if you apply for a new low just to have a fair different a mount of debt. It’s a constant struggle to get there, the 800 mark.

@LinguistAmbie 5 лет назад

Thank you

@charliefunboy5210 6 лет назад

Great video. I’m a professional and you did a great job.

@mattv2099 7 лет назад

F 850. I'm just churning credit cards for the extra 150 for 500 spent.

@ManBearPig617x 3 года назад

Wtf are you doing on this channel

@tao4mike 6 лет назад

Actually had some new info I didn't know. I'm definitely trying for 850. Highest I've had so far is 830. I need a few more accountst, and a few more years average age.

@kaisoren6459 6 лет назад

👏🏽👏🏽👏🏽👏🏽👏🏽 thank you!!!✨✨✨

@sujeepanputhiyan5901 6 лет назад

good tips👍👍

@NotShowingOff 5 лет назад

One good thing about this is to figure out who is likely to report your missed payments. Mom and pop landlords for instance might not report missed rent.

@Bakchoi13 6 лет назад

I’m totally going for the 850!

@jessica_p_lee 6 лет назад

hahaha "If you still want that 850, See you in 9 years" omg that was the best

@tski258 4 года назад

I was going for 850... ..but after watching this, I figure it's too much work for so little outcome. Thank you

@ginnyblackmon1324 6 лет назад

I had a 850 score. Didn’t know about it until I filed bankruptcy losing my job. The lawyer told me after papers was sign. I was very angry. To date I’m fighting back. Thanks for info.

@bri-guy70 7 лет назад

Please make a video about how often you open new cards, and cancel cards. It seems like you have the Chase Reserve, Altitude Reserve, Amex Platinum, and Ritz Carlton...do you plan on holding on to all of these? Thank you!

@piper998877 7 лет назад

Bri-guy I believe he and Credit Shufu have such videos in their archive. Basically, never cancel your cards--try to product change them to no annual-fee cards. Canceling cards--especially much older cards, will significantly hurt your credit score. The more available credit you have, the better your credit score is. Also, when you cancel cards, you may place yourself at risk of not receiving bonus points from a bank's other cards.

@bri-guy70 7 лет назад

piper998877 hey, thanks for the reply. I know I've seen similar videos in the past on their channels, but I don't believe they discussed their thought process of "I'll apply for a card every x months" or "I'll start my next card after I meet the minimum spend on this one" etc. so I'm more so just curious about the application strategy and which of the "premium" cards he holds on to

@Nn-me2nn 7 лет назад

piper998877 will they still use ALL of the cards or just have them around?

@piper998877 7 лет назад

you will need to use them infrequently so the bank won't shut the card down. But you can just go to a vending machine and buy a candy bar or something.

@williambader3606 6 лет назад

I want to be able to regain my freedom ans social status help me to do it as quickly as possible from the high 500s.Also is paying off credit cards and keeping really help move my score my 750 dream score along?