Re:How Equifax Became a Private IRS
by bix6 on Monday January 23, 2023 @09:30PM
(#34498363)
Many people I’ve talked to have very little idea what the factors affecting their credit scores are. Many are unaware or uninterested. I have helped many people improve their credit scores because I have spent hours learning how to game this system. Much of this information is not taught to people until they need credit at which point it’s too late to start establishing a history and your best bet is some bs predatory card that locks up more money than you can afford.
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Have you thought about publishing your tactics in gaming the credit system?
Re:How Equifax Became a Private IRS
by medvezhenok on Monday January 23, 2023 @09:48PM
(#34498495)
There are already tons of articles and videos that have already been published on this. And now Experian / other bureaus offer score breakdowns along with calculators where you can explore how hypothetical actions would affect your score. I think the space is pretty well covered:)
(For an example, Google for AskSebby - How to Increase Your Credit Score)
Just tried it and received a 404
Google Search: AskSebby - How to Increase Your Credit Score
First AskSebby result. https://www.asksebby.com/blog/how-to-improve-your-credit-sco...
I'll keep digging.
As someone else mentioned there is a ton of existing content. The problem is people don’t look until it’s too late because nobody cares about this stuff until it causes issues. Unless schools start teaching real life financial basics the problems will continue.
Credit Karma has been one of my most useful resource for improvements because they break down the factors very well. Many banks have stepped up their game but some don’t give you as much detail.