Wanna know the ultimate credit repair hack?🤔

Simply pull your credit report from a free site, identify any outstanding debts, and pay them off to boost your score. Don’t let bad credit hold you back any longer, take control of your finances 🙌🏼

Watch the full video with @TheHenryWashington on my channel 👇🏼

#Creditrepair #creditrepairhack #financialfreedomv

[dilamusiq]

NEVER pay off accounts that are in collections, or “charged-off” because the companies have already wrote it off and got their money back through taxes, and have “sold” the debts. If you pay them, you’ve just doubled their profits. Dumb advice from that guy. Oh and, your debts will still show as “Paid collection, or paid charge-off.” In other words, it still shows as a negative item even after you’ve paid.

[KeithGolfs]

Exactly! I'm shocked that credit repair companies exist lol

[rachael]

If you have NO credit score, go down to the bank, put down a couple hundred dollars and get a secure credit card. Use it once a month for a tank of gas, let it hit your account, pay it off at the due date. Do this for 3-6 months and you’ll suddenly have a 700 credit score or jump like 300 points.

[WingChunGungFu]

Horrible advice. Only pay off accounts or debts that are still active good accounts in good standing with high debt to income ratio. NEVER pay off past collections or charge offs - as it will reset the 7 year clock for how long those items are on your report. Unless you are being sued and taken to court, DO NOT PAY CLOSED ACCOUNTS IN BAD STANDING. Do not reset the clock

[CallMeSlavik]

How my credit went from 620 to 800: cut up my credit cards and paid off all my debt.

This whole, “just use your credit card and pay it off monthly” or “always have a small balance on your credit card”
Is an absolute SHAM.
Credit card companies are so wealthy because they play the game better than YOU.

[terellmuhammad]

Truth! I was thinking it before he said it. Im helping many to build their credit.

[viosofp]

It’s crazy people get scammed all the time, just to figure that shit out!

[CCCP]

people who don’t even know what they owe are not the type of people finding out and then paying it off

[dazaraza]

Not what I would recommend depending on the age of the past due account

[aGjfiebPeksowQpndLhd]

Cap. Paying old written off collections and debts does nothing to fix your credit. Dispute them or negotiate in writing to get them removed in exchange for a payment.

[aarondraymd]

That's exactly what I did. I had a credit score in the 500s. When I bought my double a couple years ago my credit scores were in the 800s.

[maryvasquez]

I have 2 chapter 11’s that are dismissed. The reason I have 2 is bcz I did not use an attorney. I was trying to stop an eviction, but when I went to try to add another month’s rent to the bankruptcy, but the guy filed another one. About a month later, I ended up losing my job. They are scheduled to fall off in January and March 2021. Since I’m looking to purchase a home soon but still there. I am currently enrolled in *Future Imperative Corps* and I must say, I am loving it thus far. I’m doubling it up with your podcast videos and learning A LOT! Thank you. I’m ready to join the millionaire club!!!

[aleishaadorni]

I did that then found a 16 year old judgement that has been sold three times and the judgement holder will not return my calls. I have a 765 credit score but can not buy my ancestral home because of the judgement. Dig deeper.

[rosesme]

A financial advisor said the same thing. He said "repairing your credit" is easy! Just pay the bill.

[iranie]

I got 2 collections deleted from my credit report & 1 of them started mailing letters to me about how I have to pay them the original balance. Lol I ain’t paying

[ekkomillion]

Or file for bankruptcy if you would rather NOT PAY

[NickyRoads]

Worst hack advice. Paying a debt off is by far the 2nd worst thing for your credit score next to just leaving it there. You should alwys atempt to get it deleted, either by disputes or pay for delete negotiations

[JPaige-thwe]

If it past limitations. Don’t pay it. Check your state or the state of the creditor for limitations on past credit. Never pay a collector, either

[BluesDeville]

Pay the shit you can, and dispute the shit you can't. Dispute that shit every month until it's removed. In my early 20's, my credit went from 450's to 650's in 14 months just by doing that. Good payment histories and low DTI shot it up into the 800's in the years that followed.

[victorwarner]

So if you want something that actually works, have a family member put you on one of their credit accounts if it has a long history and they have excellent credit. When they get that new card with your name on it. Have them keep that card and never use it. Watch your credit score go up in double digits in mere weeks.