Credit Card Utilization Myth 30% Rule and Pre-Approvals

The Utilization Myth of 30% use of Credit Card balance. The recommended required utilization to get approved. We review Nerd Wallet and Credit Karma to compare factors that impact "final" approval.
#CapitalOne #Discover #ChaseFreedom

Discover:
https://www.discovercard.com/application/preapproval/initial

Capital One:
https://www.capitalone.com/credit-cards/preapprove/
Chase:
https://www.chase.com/preapproved

Nerd Wallet Myth
https://www.nerdwallet.com/article/finance/30-percent-ideal-credit-utilization-ratio-rule

A Deep dive into a 700 FICO score. The 6 Data Factors such as Payment History, Credit Card/Debt Use, and Debt TO Income.

How to start off Credit Journey, Correctly.
#Credit #FICO

Debt To Income Tool:
https://www.nerdwallet.com/article/loans/personal-loans/calculate-debt-income-ratio

Credit ABCDs of FICO:
https://Credit.com

Credit Karma
https://CreditKarma.com


Annual Credit Report *Free:
https://www.annualcreditreport.com/index.action
Secure Cards:
https://www.nerdwallet.com/article/credit-cards/secured-credit-cards-vs-unsecured-difference

Authorized Users:
https://www.nerdwallet.com/article/credit-cards/credit-card-authorized-users


Places to check credit (FICO & Vantage Score).
http://credit.com (Vantage Score)
http://experian.com (FICO Score)
http://creditkarma.com (Vantage Score)

My Facebook 680 club group
https://www.facebook.com/groups/363770414752963

Тэги:

#Chase_Approve #Discover_Approved #Capital_One_Approve #Secure_Card #High_APR #Discover_Credit_Card #boost_credit #financial_education #financial_freedom #FICO #700_CREDIT #PRIME_credit #Habits_FICO_score #Payment_history #Utilization #Credit_Age #Nerdwallet #Vantage_Score #FICO_Score #Beacon_Bank_score #Credit.com #2_years_credit_history #24_months_payment_history #Secured_Cards #HIGH_APR #700_FICO #700_Vantage_score

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