Credit Scores Are A SCAM. Here’s Why:

[MiddleClassJoe]

I'm Muslim I really appreciate a British Business man who has this view.

We call this Ribba that's why it's best for Muslims not to take Mortgages/Credit Cards/Loans.

I've been running my online store for 5 months now and have been motivated partially because of you.

(I don't need to do overtime anymore, inshallah will leave my job)

[janejones]

I was taught by a pastors wife. She was from Norway. She taught me not to buy on credit. I have NO debt. My credit is good. You can get good credit by paying bills on time.

[BBBGGG]

Love this man....only hope he keeps on helping young people....wish i had someone like him in my life then.

[chazb]

I have just paid off a 4year car loan never missed a payment and my credit score went down ..I hate the system that we all have to play in

[kahyui]

We need to know why all phone network companies only offer phone contracts as loans, why is that?
I asked many networks if i could pay upfront for the 2 years cost of my sim contract so i have no liability, they said no. The only option is to go old school and buy credit on a sim card which is expensive.
Why can the phone companies get away with this when some people are willing to pay for it outright? Is there any other affordable options people know about?

[nokianx]

Yes it is, but we are all subject to it otherwise we can't do anything unless fed bank is abolished

[biondisubbaiah]

Cleared a loan that had defaulted for 7 months with interest but 2 years later I'm not eligible for loans because my credit score hasn't improved which i found weird because I no longer had any loans but after talking to the bank i found out that since i no longer had any loans my credit score hadn't improved...so basically i need to take a loan (any) & then pay it back with interest to improve my credit score...

[phanikiranbodavula]

I want to change it by giving a credit rating system which is more reliable based on human relations and financial relations with money that a person has. I was thinking about it sometime ago. Please let me know if you want to hear.

[pantherman]

Great work Simon. Any chance you could help me set up my construction business, I have awful credit and can't get started? 🙏🏻💪🏻👊🏻

[haneagario]

Would you take on debt to start a new business?

[elvismawhinney]

You need to make more videos like this explaining to people how the system is rigged, and how to beat it.

I need to know 😫 I’m a factory worker and it’s killing my soul lol

[SamSam-wxrf]

I disagree
Every time I have expanded my business, the financing has been on credit card. I can get large amounts of instant cash on a significantly lower rate than banks, finance companies or peer to peer loan.
Just pay your credit card off before you start paying interest

[dantesimage]

You have no debt because you are a multimillionaire. What you make on interest is more than some people will make in a life time.that credit system you’re against is the very thing a lot of us are using to keep the power on

[thetopever]

I want to set up a digital marketing agency. Can you help please? Thanks

[DrSirSteve]

I disagree, they're there to encourage you to manage your overheads. In return, they are willing to give more bass on your overhead management and income etc. In which, you will use it wisely to actually live better. You can't always wait for a paycheck when you're not rich and have no multiple streams of income. If you're rich, you have no need for credit, thats the difference

[Cw-performance]

@SimonSquibb,
I am in the process of opening a wrap shop and detail center in January, and I would greatly appreciate your guidance. I have already secured the locations and established the brand, but I am seeking advice on the execution of my plans. Your expertise would be invaluable. Thank you in advance for your support.
Best regards,
Wade

[ben]

Get a overdraft, take money out, send it to other account and then send it back on time to get you in to good credit I did this for 2 years and I’ve got good credit

[evagarcia]

My credit score is good, and get sent credit card applications, and when I fill them out, I don't qualify. So I've never had a credit card

[Deltacasper]

This is insane! I thought they "only "impacted buying a house, not something as trivial as buying an internet connection.

[samirazaamane]

Hey I really admire your purpose in life it's my dream and would love to be able to do what you do make people's dream come true
I am actually doing it in very tiny scale but the joy I get is immense and I love making people happy it's the only purpose I enjoy if I leave this world I'll leave happy 😊
Thank you ❤