GeneralWhen did you start to care about Credit
Posted:

GeneralWhen did you start to care about CreditPosted:

officialfred
  • Summer 2020
Status: Offline
Joined: Jul 09, 201014Year Member
Posts: 2,198
Reputation Power: 420
Status: Offline
Joined: Jul 09, 201014Year Member
Posts: 2,198
Reputation Power: 420
Since most people don't care about credit but it is very important in life I was wondering at what age did you start to establish credit? I started soon as I turned 18 with the capital one credit card & one year later I'm at a 700+ score right now.
#2. Posted:
Saki
  • Retired Staff
Status: Offline
Joined: Apr 09, 201113Year Member
Posts: 4,994
Reputation Power: 14230
Motto: Wow crazy USA hamburger yes
Motto: Wow crazy USA hamburger yes
Status: Offline
Joined: Apr 09, 201113Year Member
Posts: 4,994
Reputation Power: 14230
Motto: Wow crazy USA hamburger yes
Credit score doesn't mean much until you've had time to build a credit file.

Most places value a 650 with 10 years of payments over a 700 with only 2 years of payments.


I personally took it seriously when I wanted to get my first car. Been working on it since but like I said better to value your rapport than a score that will jump up and down a lot for your first few years.
#3. Posted:
Tricks
  • Athlete
Status: Offline
Joined: Jul 30, 201014Year Member
Posts: 10,672
Reputation Power: 12149
Motto: Ya momma
Motto: Ya momma
Status: Offline
Joined: Jul 30, 201014Year Member
Posts: 10,672
Reputation Power: 12149
Motto: Ya momma
I opened a credit card account at 18 and started using it for a lot of things and paying it off immediately. I'm 23 with a credit score of 790. It is good to build credit when you're young and establish a good track record.
#4. Posted:
James
  • Winter 2022
Status: Offline
Joined: Feb 27, 201311Year Member
Posts: 3,894
Reputation Power: 15644
Motto: COYG
Motto: COYG
Status: Offline
Joined: Feb 27, 201311Year Member
Posts: 3,894
Reputation Power: 15644
Motto: COYG
I started caring at around age 18. I got a student discover card and my credit is good. I think credit is important to have
#5. Posted:
Jason
Status: Offline
Joined: Jun 07, 201410Year Member
Posts: 2,049
Reputation Power: 3628
Status: Offline
Joined: Jun 07, 201410Year Member
Posts: 2,049
Reputation Power: 3628
I started caring when I was 17 cause I tried getting a car in my name. Then I realized how important it was and that I needed to start building it up.
#6. Posted:
MrParker
  • Winter 2022
Status: Offline
Joined: Oct 28, 20186Year Member
Posts: 2,123
Reputation Power: 11571
Motto: Read ( The Four Agreements ) , Don't stop educating yourself.
Motto: Read ( The Four Agreements ) , Don't stop educating yourself.
Status: Offline
Joined: Oct 28, 20186Year Member
Posts: 2,123
Reputation Power: 11571
Motto: Read ( The Four Agreements ) , Don't stop educating yourself.
16 when I got my first real job
#7. Posted:
VeganLamb
  • Ladder Climber
Status: Offline
Joined: Nov 09, 201311Year Member
Posts: 341
Reputation Power: 49
Status: Offline
Joined: Nov 09, 201311Year Member
Posts: 341
Reputation Power: 49
i Did the same hing, 18 with capital one credit card and then aqua, im at 814/900 now
#8. Posted:
hotshot55
Status: Offline
Joined: Aug 15, 200915Year Member
Posts: 657
Reputation Power: 78
Status: Offline
Joined: Aug 15, 200915Year Member
Posts: 657
Reputation Power: 78
I guess I've always kinda cared. I've never missed a payment and currently have a few lines of credit open. Last time I checked my score was around the 750 range.
#9. Posted:
Craig
  • Mind Charity
Status: Offline
Joined: Jan 16, 201212Year Member
Posts: 20,271
Reputation Power: 17066
Motto: 2b || !2b
Motto: 2b || !2b
Status: Offline
Joined: Jan 16, 201212Year Member
Posts: 20,271
Reputation Power: 17066
Motto: 2b || !2b
I've seen too many people get hit hard later in life because they didn't care when they were young. So I learned from their mistakes and cared from the second I got a credit card. Just takes time tpo build.
Users browsing this topic: None
Jump to:


RECENT POSTS

HOT TOPICS