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- เผยแพร่เมื่อ 7 ก.ย. 2024
- Are you curious about how Chime Credit Builder works?
In this video, I’ll break down how the program works and what you need to know in order to make the most of it.
Plus, learn about some of the great features that come with being a part of Chime!
Here is a link with more information about the Chime Credit Builder: www.fx4biz.com...
This person is just reading the nonsense from the promo and doesn't understand it
My thoughts exactly
I don’t understand what an “on time payment” is it doesn’t make any sense if it’s my money I’m loading into the credit building acc. Does that mean but the same stuff every month ooor?
Yea i dont understand that either . youre spending what you put in regardless .
This shit had me thinking they were stealing from my ass
Facts lol
So correct me if I’m wrong here. If I wanted to spend $100 on my chime credit card I would first have to fund it $100 from my checking account. Spend that $100 on whatever I want, then pay the $100 back? So I’ll be spending $200 on a $100 purchase. Doesn’t make any sense.
Bro u just spending ya regular money like it’s a regular checking account and they report it that you making payments to build ya credit . I would suggest you use it for ya subscriptions or food and shit like tht or just like how you would regular spend or the lowest amount u spend and it’s reported .you don’t pay nun back . U starting ya credit off . U spending regular and they just let the banks know you paying on time 100% and over 6-12 months your credit will b decent and then u apply for another credit card with another bank and from there you might qualify for thousands of credits and you only spend a 5-10% of that and pay that back if you do or depending on da bank they match you .
This is basically a debit card in a sense. I transferred 100$ to my CB and just make sure to not go over $100. You can spend it on whatever like a debit card. You can continue adding funds anytime. The money in the CB is the money you set aside so for instance I put in a $100 I can spend anything below $100 there is no I have to pay them back you have control over the card but use it wisely.
How do you pay on time if you don't have a balance? That's stupid they even say that in their explanation
Payments to what? If i put $200 in the CB from my CA am i making payments to myself? Who am i making payments to and where does it go? If i spent $125 from my CB account out of the $200 does it use existing money in the CA at the END of the month to replenish the $200 limit that i set and that is "the payment"?
I’m lost as fuck is it stealing my damn money
So i got 40$ in my checking and 20$ on the credit card 15% method i spend 3-6$ but after i spend the 3-6$ then what? Do i just move 3$ back over or what?
Lmao no fucken clue been looking for days for an answer
Bro u just spending ya regular money like it’s a regular checking account and they report it that you making payments to build ya credit . I would suggest you use it for ya subscriptions or food and shit like tht or just like how you would regular spend or the lowest amount u spend and it’s reported .you don’t pay nun back . U starting ya credit off . U spending regular and they just let the banks know you paying on time 100% and over 6-12 months your credit will b decent and then u apply for another credit card with another bank and from there you might qualify for thousands of credits and you only spend a 5-10% of that and pay that back if you do or depending on da bank they match you .
No one taking ya money u spending ya own money and they reporting to banks that you making payments and ya credit goes up. You put as much money as you spend or want to on the builder . Just as if u had a regular checking and savings it’s not rocket science 😂😂😂😂
@@QB3HREE So this sounds like it’s actually really simple but people are over complicating it.. you put your money on the card..you spend it.. then put more money on it (do you need to keep it at a certain balance, or just anything above zero?).. and you’re not actually “repaying” anyone, just adding money to your own card, no one else is accessing your money. So it’s kind of a game really bc it’s your own money, no money “owed..” but when you spend with the card it is treated like a “credit card” so it builds your credit score, without the fees or penalties etc.. you’re just spending the money from the card instead of directly from your bank account.. is that accurate?
@@jayden8891 yeah that’s a 100% and if u get direct deposit it automatically puts a small amount back meaning repay your Debt if it was below zero
I’m still confused. Is the money already on there or you deposit money, spend, and pay back?
I need answers
@@keishl119 I know now. I’m ordering my card tomorrow. My sister credit just went up almost 100 points. I can’t believe it.
@@LataushaTheAuthor so do you have to pay back your own money that you used off it?
@@5starrThugga no
Same im mad confused lol i put money in. The credit thing, made a purchase and my available spending when down, but thats it i dont see where im supposed to pay it off or anything
But does it report negative if you use your limit each month? Do you wanna keep purchases below a % of what you secure deposited? Because regular cards report when you max out a card even if you pay it off fully at the end of the month
Can a debit Visa/ Mastercard do the same?
how long does it take to earn 100 points on my credit report if i spend 300/month every month
What payment if is my own money
You literally explained nothing