Credit Scores and Reports 101 (Credit Card and Loan Basics 2/3)

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  • เผยแพร่เมื่อ 15 ก.ค. 2016
  • In this video, you'll learn everything you need to know about your credit score and report, including what it is and how to improve it. Also, because we may cover products we like in this video, please click "Show More" to see the Ad Disclosure.
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ความคิดเห็น • 61

  • @jiminstinyhands7776
    @jiminstinyhands7776 6 ปีที่แล้ว +207

    thank you for these! you just saved a person whose learning how to adult

    • @ZekSanchez
      @ZekSanchez 2 ปีที่แล้ว +5

      yes I am learning how to adult as well I'm tired of kidding

  • @greaper_1233
    @greaper_1233 3 ปีที่แล้ว +173

    Me being 12 watching these:🤔🤨👁👄👁

    • @EvsPersonal
      @EvsPersonal 3 ปีที่แล้ว +63

      You are wayyyyy ahead of your game. Good for you. The quicker you can learn about how to be an adult the better. Should be proud of yourself

    • @rayrynZ
      @rayrynZ 2 ปีที่แล้ว +28

      That’s what I’m doing, learning about credit score and all that stuff because I want to be able to open up a car shop one day

    • @muffinchannel8218
      @muffinchannel8218 2 ปีที่แล้ว +21

      Me being 18 watching these: I am just like jasmine

    • @sobree9743
      @sobree9743 2 ปีที่แล้ว +5

      Better than being 19. Thats for sure.

    • @Psycho_SugarCraze
      @Psycho_SugarCraze 2 ปีที่แล้ว +2

      @@muffinchannel8218 bro our generation's lost

  • @tokyocrystal
    @tokyocrystal 3 ปีที่แล้ว +13

    I'm 28...and this helps so much.

  • @b100dr4g3
    @b100dr4g3 5 ปีที่แล้ว +103

    Thank you for these videos. It's really surprising that there are so low views on these videos. Everything explained in this video should be common knowledge to the entire nation. I guess that's why so many people are in debt though.

  • @kinoosako7322
    @kinoosako7322 3 ปีที่แล้ว +21

    As an adult, I used to still get confused by this.. until now lol
    Thanks

  • @W1LDWESLEY
    @W1LDWESLEY 4 ปีที่แล้ว +26

    I learned from my parents and from paying off two motorcycles... Do not go into debt for it pays to save but drains to pay debt!!!

    • @Enoxificatti
      @Enoxificatti ปีที่แล้ว

      Saving to buy sounds much more safer.

  • @KingsleyOseiAbrah
    @KingsleyOseiAbrah 2 ปีที่แล้ว +14

    It’s so funny how the one thing that we literally run our life on,credit, is the most confusing thing on earth.

  • @menposed
    @menposed 2 ปีที่แล้ว +3

    Where was this when I was 18, it would have saved me tons of headaches in life

  • @jazmine4735
    @jazmine4735 2 ปีที่แล้ว +4

    My name is Jazmine and I was caught off guard haha, thanks for the insight! It was very helpful

  • @katelynkeifer7887
    @katelynkeifer7887 ปีที่แล้ว +25

    Sooo, don’t use your credit card unless you know you already have that money in your bank account or you know you will get that money before the due date. So if you don’t have the money to buy something in the first place, don’t use your credit card.

    • @daniabrowne723
      @daniabrowne723 ปีที่แล้ว +1

      Yes

    • @Enoxificatti
      @Enoxificatti ปีที่แล้ว

      So what's the big idea then? Why is everyone using this? Personally, I find that paying with credit is useless. Unless, the true meaning of using this is to rack up all the benefits a good credit score can provide?

    • @enkandescent1591
      @enkandescent1591 10 หลายเดือนก่อน

      ​@@EnoxificattiYes

    • @Enoxificatti
      @Enoxificatti 10 หลายเดือนก่อน

      @@enkandescent1591 👀

    • @nilla13gamer72
      @nilla13gamer72 6 หลายเดือนก่อน

      @@Enoxificattiyou are completely right, the idea is to use a credit card as a debit one but with great benefits and a high credit score (because you’re proving that you’re able to do so)

  • @natperkins9310
    @natperkins9310 4 ปีที่แล้ว +15

    Thank you this is helpful as my daughter is now learning about credit scores and credit reports!

  • @jersonirinco3437
    @jersonirinco3437 6 ปีที่แล้ว +8

    very helpful. thanks..

  • @NaiLaYahNiu21
    @NaiLaYahNiu21 ปีที่แล้ว +2

    great informational videos!

  • @thebruh8904
    @thebruh8904 8 หลายเดือนก่อน +1

    im turn 18 next month and trying to use youtube to teach me all this i need to know 😭 i’ve been up all night it’s 7:30 in the morning

  • @katekingsmith6943
    @katekingsmith6943 4 ปีที่แล้ว

    It really a gud motivation to me

  • @modz9816
    @modz9816 7 หลายเดือนก่อน

    Beautiful video

  • @kittykatkween
    @kittykatkween ปีที่แล้ว +1

    The fact that my name is jazmin makes this hilarious

  • @nicholasbotz684
    @nicholasbotz684 8 หลายเดือนก่อน +2

    "Jasmine has been too afraid to use credit herself" it's me I'm Jasmine

  • @justina.6731
    @justina.6731 2 ปีที่แล้ว +1

    So with you saying that you should use only 30% of your maximum credit line, Does this reset Annually? (Example: In 2022, I receive a new CC with a Maximum credit line of $100. So I should only use $30/$100 For the full calendar year. But in 2023, would I be able to utilize $30/$100 again or will 2023 be considered as $60/$100?)

  • @norrinmtz
    @norrinmtz 3 ปีที่แล้ว +5

    my teacher made me watch this 😐

  • @chasingforeverbb
    @chasingforeverbb หลายเดือนก่อน

    Balance the checkbook, and water the ficus.

  • @samuelrose8742
    @samuelrose8742 ปีที่แล้ว

    anyone’s opinion? IOT give me a little history. I took loans for

  • @vxdia8738
    @vxdia8738 2 ปีที่แล้ว

    Me learning early

  • @Idspamaccont
    @Idspamaccont 2 ปีที่แล้ว +2

    How do you get your credit report?

    • @SB-ls7qj
      @SB-ls7qj 2 ปีที่แล้ว +3

      Credit karma or go to your bank

  • @ShiftNova
    @ShiftNova 2 ปีที่แล้ว

    Wait, so if you have zero credit. How would you check your credit score? I mean if know it is zero there isn't any thing to check, right?

    • @PuddinPouchPanda
      @PuddinPouchPanda 2 ปีที่แล้ว +3

      You should still check in case there is something attached that you didn't apply for or debt that isnt yours, it actually happens quite often, like your parents/siblings medical bills. And no credit doesn't necessarily = 0 credit score. You start out with a low credit score until you prove you can make payments on time, which becomes your credit history. Zero credit just means you have no credit history

    • @ShiftNova
      @ShiftNova 2 ปีที่แล้ว

      @@PuddinPouchPanda Thank you.

  • @dylancooper9470
    @dylancooper9470 4 ปีที่แล้ว +2

    If I have no credit history and applied for several starter cards each time I got denied. Does that effect my credit score?

    • @Vicieron
      @Vicieron 3 ปีที่แล้ว

      Usually.
      For these businesses to see if you are okay enough to be approved, they will check your credit history & score. Sometimes they will "ding" your credit score.
      Some businesses will let you know if they will be big hits or not.
      Some may let your know that they actually won't.
      But if they do, it will go down and stay down for a few months.

    • @beyoncerich9795
      @beyoncerich9795 3 ปีที่แล้ว

      yes

  • @treacyshields9061
    @treacyshields9061 2 ปีที่แล้ว

    is there a way to slow down this video? It is fabulous but way too fast for my students to follow

    • @brapak9483
      @brapak9483 2 ปีที่แล้ว +1

      On the IPhone's TH-cam app in the top right corner of the video click the 3 columned dots an select playback speed in the drop down menu could maker slow or fast af boiii😎

  • @Juwelzs
    @Juwelzs 4 ปีที่แล้ว +1

    E

  • @toxiic7200
    @toxiic7200 2 ปีที่แล้ว +1

    Im 15 i don’t know why im watching this

    • @Enoxificatti
      @Enoxificatti ปีที่แล้ว

      You need to learn, or else the system we live under will eat you alive.

  • @dmknight08
    @dmknight08 3 ปีที่แล้ว +8

    Why does Jasmine dress so bad? Who wears tube socks with a dress???