Anonymous #3 1d

Also just waiting for time to pass, so keep a consistent card account open. Unfortunately it takes years (7+ I think) for this to have a positive impact on your score, but it also doesn’t do much damage to your score in the meantime

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Anonymous #2 1d

but i don’t want any fucking debt omfggg😭😭

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Anonymous #3 1d

when we’re saying pay the minimum like what does that mean, are you saying i need to spent a certain amount of $ each month or is there some $ i’m being charged each money that i need to pay

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Anonymous OP 1d

“Debt” in the case of credit cards specifically is just a scary way of saying you’re using your card to make purchases. You will always have debt on an active credit card, and even though it sounds counterintuitive you shouldn’t ever pay it off to $0

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Anonymous OP 1d

Me neither bud but without it you can’t do shit unless you got that capital to pay outright. But even then you need credit, I bought my car cash . . . They still wanted to run my credit. I said run it and I leave I’ll get a car somewhere else.

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Anonymous OP 1d

It’s whatever amount your credit card company calculates based on how much debt you have on your card. This is not an accurate example at all but if I had $1,000 on my card, my monthly minimum payment would be $50. It’s calculated for you on your app/website

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Anonymous #3 1d

bruh i hate this system like i get it but who the fuck built it like this

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Anonymous OP 1d

It’s dumb, but it’s a lot simpler than it seems. I had zero knowledge besides the revolving utilization tip going into my first credit card and my score is in the 760s range. Also don’t be tempted to over spend when your credit limit is increased. Mine is at like $16k now because discover is predatory as hell but I’ve never had more than $5k on it at one time

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