Credit Master Fix Group did an amazing job. Their professionalism was beyond compare from beginning to end. They follow through until we where able to accomplish our goal and still they continue to reach out and make sure everything is going well. My appreciation for their assistance is beyond words. They made a stressful situation move along flawlessly and where able to erase all negative items to raise my score 180+ points, just within a few days. Thank you again I will be happy to refer you out. [Roy@creditmasterfix.com]
Loving this channel to stay motivated and on track to buy a house. I appreciate your information to fill in the gaps on things I didn't know.or knew too little about. This channel is great for young adults just getting started, and I'm passing this along to people I know will benefit from this information.
Hi I just join ur channel. Pls am confuse when u say that if u pay off the balance off ur card it can hit ur score. Can u pls explain how exactly we should do it pls. Like some 1 like me, I have been paying off all the balances on my card n even over paying. Pls explain. Eg if I have a credit limit of hundred dollars n I use 20 dollars out of it should I pay 19 dollars n leave a dollar in the account? Pls explain thanks
I have a capital one card and pay the statement balance and if necessary a little extra every month and make sure there's a couple of small charges after the statement date to keep a small balance when it reports. I think it's on the 3rd
This has been the most amazing experience with professional people that care about the outcome and helped me in my credit clean up and score , thank you so much. I would use this service and would recommend it to anyone as their prices are reasonable and they do an amazing perfect job on credit files. I was able to erase all my negative records and get my score up to 800+ [Roy@Creditmasterfix.com]
so in order to qualify for my mortgage I had to pay off all debt including student loan due to high DTI which dropped my score 30 points, thankfully I started off high enough to still qualify in top tier BUT i want to get back to 800+ . I have not yet closed on the loan so my score will drop further once the mortgage reports. Prior to paying off all debt, i had 2 car loans , student loan, 2 personal loans and kept credit utilization under 10%. In time my score will increase, but how do i get back to 800? ** I misunderstood my loan officer and paid all debt too soon prior to the 2nd credit pull**
Make sure that your payment experience is always good, pay your bills on time or before the deadline and dispute payment experiences that you think is not accurate (to your Personal Credit Reporting Agency), that's a quick fix. :)
I been watching you for 1 year. Thanks you have taught me allot. I close on my first home this Monday. I will be recommending everyone to watch your videos before applying.
Very helpful! I was thinking of closing two accounts that I recently paid off, so this was extremely useful! I won't be closing those accounts! Thank you.
I have a question, if youre still answering. Related to credit karma maybe not reporting accurate data CK is showing my credit score at 760 for Equifax and transunion Where my Banks FICO score is showing me at 794. Is the real score somewhere in the middle or how would I gage which number is more reflective of my actual current score
The mortgage scores are: Experian: FICO Score 2 based on Experian data; also known as Experian/Fair Isaac Risk Model Version 2 Equifax: FICO Score 5 based on Equifax data; also called Equifax Beacon 5.0 TransUnion: FICO Score 4 based on TransUnion data; also called TransUnion FICO Risk Score 04
@@WinTheHouseYouLove it was the worst thing to do, moving forward I won’t do it again, that could’ve been used for part of a home down. Lesson are learned
@@JJ-gr7th My credit scores increased big time with Mark’s help. From bad to good credit scores in 4 weeks. He even notified me when tradelines were posted. Everything is organized and I like that. Depending on which tradelines package or individual tradeline you purchase, all result in an increase on your credit score - up to 150+ points on all three credit bureaus. Now I have my business loan approved. [Mark@creditpatchup.com]
In the process of applying for home loan.My credit score was ran with out my authorization.Then I learned it was ran by this certain mortgage company I am inquiring,we got pre approved months ago by them.Then we ask them for pre approval and they ran my credits again.Is this even legal?I am very careful with my credit score.But do they have to run it twice?same company.Asking for answer Kyle.Thank you so much.You channel has been really helpful so far for me as a new home buyer.
It's very possible you clicked a box that allowed them to run it. Most mortgage software will not allow a lender to run credit without a digital authorization. That being said, any time I've been trained on pulling credit, it's always been suggested to have a client's digital and verbal authorization for each credit pull. As far as legality, I'm not entirely sure, but you may find some answers on the CFPB website.
Hey, Kyle! My name is Dalton and I’m a Loan Officer trying to be like you! Lol but I’m all seriousness I love your content and it’s a great inspiration as I am working on building my own brand. Would it be possible to get you on the phone so I can pick your brain about content creation and software to use to make videos look more professional etc? It would truly mean a lot.
I have a credit card and 2 store cards. I kept that same balance on them at are $75 on each think this will increase my score. I believe since I had the same balance my score has remain the same for 4 months and dropped the next month. So i should at least mix up the balance every month while maintain at least below #50 usage on all three and do not report a zero balance on them at once at any point correct?
I'm trying to buy a house by March. I have 16k in fed student loans. my credit union is offering a refinance. It's a much better rate but it's my oldest account and im concerned it would affect the age of my credit. I finally got my credit to 740 so I'd hate to ruin that. Would you recommend refinancing it, or should I wait until after I buy a house?
@@amandajones888 My credit scores increased big time with Mark’s help. From bad to good credit scores in 4 weeks. He even notified me when tradelines were posted. Everything is organized and I like that. Depending on which tradelines package or individual tradeline you purchase, all result in an increase on your credit score - up to 150+ points on all three credit bureaus. Now I have my business loan approved. [Mark@creditpatchup.com]
This has been the most amazing experience with professional people that care about the outcome and helped me in my credit clean up and score , thank you so much. I would use this service and would recommend it to anyone as their prices are reasonable and they do an amazing perfect job on credit files. I was able to erase all my negative records and get my score up to 800+ [Roy@Creditmasterfix.com]
i still find it very difficult to believe, that the credit bureau, doesnt want to see you pay off all your credit card loans down to zero. I figure, they only want to see you use it as an emergency for a week or two AND ALWAYS LOVE TO SEE YOU PAY IT BACK IN FULL!! Im a young fella, and cant see a problem with paying my credit balance in full every month. This video was extremely helpful, but i still pay it in full because i am worried of the outcome. Great video, Kyle!
May I ask please, how can I find out what day my credit card company reports to the credit bureaus? Thank you in advance, and Thank You So Much for your channel and all of the Invaluable information that you provide to us.
Beth, this is what is called the Billing Statement Closing Date. Or similar (different credit cards *might* call it something slightly different). So, if your billing cycle is the 20th of one month through the 19th of the following month, then - for that specific credit card - the balance on the 19th is the balance that said financial institution will report to the three Credit Bureaus (to be transparent, Equifax, Experian, Transunion). Keep in mind that this balance is going to determine the "Credit Utilization" for that specific card for that specific Billing Cycle. Please keep in mind that Credit Utilization is 30% of your FICO 8 score. So, this is super big ("Payment History" is 35% of your FICO 8 score.....so these two components - there are five in total - are of paramount importance to your FICO 8 credit score). And, one more thing - for scores that are more sensitive to "cards reporting a balance" and to "utilization" (think Mortgage scores) it is of really important to be mindful of the above. And, this is somewhat appropriate to this channel, I would suggest! Finally, the "Due Date" is different from your Billing Statement Closing Date. To use the above example (the 20th thru the 19th) the due date is typically some 25 days later (roughly). So, the due date for that balance that was reported on the 19th is going to be the 13th or 14th of the following month. So, to put dates to this, if your Billing Cycle is July 20 thru August 19 (and let's say that the balance reported for that billing cycle is $95) then the Due Date for this balance is September 13th or 14th. Does this make sense to you, Beth?
I'm frustrated...been there done that and no results for credit repair. The $800 we spent could have paid down debt... Catch 22! Damned if I do, damned if I don't.
Debt stays in your report for 7 years, even if it's paid. That's why we need to be careful with how we purchase and how we pay. Try to call the credit company and dispute some incorrect payment history. Best of luck!
Hi Kyle I'm currently on a debt consolidation program and I have no car note....My credit is slowly getting better...My question to you is should I get a credit card to start building a higher score because when I'm done on the program it's going to look like I have no credit or history and my goal is to buy a house in the future...Thank you
I messaged Sam and he said: "The debt would have been held by the bank not the furniture store itself so even if they close out the card because it is a close store, the balance to limit ratio still factors and so does payment history. In a situation where the creditor closes the account on a consumer the same same mechanism would apply and they would see an initial score decrease because of the closed trade line and the removal of that account as it factors into the credit usage and balance to limit ratios on revolving credit. Long answer I know." Here's how to get connected with his company → mycreditguy.com/
Credit Master Fix Group did an amazing job. Their professionalism was beyond compare from beginning to end. They follow through until we where able to accomplish our goal and still they continue to reach out and make sure everything is going well. My appreciation for their assistance is beyond words. They made a stressful situation move along flawlessly and where able to erase all negative items to raise my score 180+ points, just within a few days. Thank you again I will be happy to refer you out. [Roy@creditmasterfix.com]
