Credit Card Utilization Myths | BeatTheBush

Published on April 8, 2021

Top full videos top searched secured Debt Consolidation, Home Equity Loan, Credit Card Debt, Mortgage Loan, and Are Credit Cards Considered Revolving Debt, Credit Card Utilization Myths | BeatTheBush.

Most people will tell you to keep your utilization at 30%. Not me. You should actually keep it at 0% but actually use 100% of your credit. How can you do this? You see, if you use 100% of your credit limit and pay it off every month, you demonstrate you are a good credit card user and the issuer will quickly increase your score. Keeping your utilization at 100% will indeed make you score lower but there is a way to get around this by paying the full 100% right before the statement date. Using this method, I and many other are able to quickly increase the limit very quickly.

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Credit Card for Starters
Who Should NEVER Get a Credit Card: https://youtu.be/aNYZkMgTyb0
Only Use Credit or Only Use Debit: https://youtu.be/J0ZRgBIG39Q

Credit Card Basics
How Credit Card Calculates Interest: https://youtu.be/0Z2nWQdqa2A
How Credit Card Grace Periods Work: https://youtu.be/8WuH3-PsjCA
Difference Between Credit Card Inactivity and 0% Utilization: https://youtu.be/rtfJMZf_IrM
Credit Card Statement Closing Date vs. Due Date: https://youtu.be/3-knvT7JbTk
Does Canceling Credit Cards Affect Credit Score: https://youtu.be/jYGZukw5i-Q
Can You Afford a No Limit Credit Card: https://youtu.be/sdAh7hzgJoU
Credit Card Balance Transfer Hack: https://youtu.be/F2Foqg2ZTEw

Credit Score Less Than 700
Maximize Credit Score while in College: https://youtu.be/pxGECoQoLLA
Build Credit Fast with a $500 Credit Limit: https://youtu.be/attQKzngqoE
How to Pay off Credit Card Debt: https://youtu.be/XY8YSPapnF8
How to Build Credit with Bad Credit or No Credit [w/ Self Lender]: https://youtu.be/RNXutBGAnlM
How to Boost Your Credit Score Within 30 Days: https://youtu.be/LyBjciz4-zg

Credit Score More Than 700
How to Increase Credit Score from 700: https://youtu.be/MCFKNBcyAWs
740+ is Not Just For Show: https://youtu.be/1fGcpxurzgU
My Credit Score: 848, How to get it Part 1: https://youtu.be/dEZLZQXRBjQ
My Credit Score: 848, How to get it Part 2: https://youtu.be/Y6-SB35C7Pc
My Credit Score: 848 – Credit Card Hacks and How I got it: https://youtu.be/8Xz3hi3VWfM

Advanced Credit Card Tricks
How to get a Business Credit Card: https://youtu.be/S3srld5_l5Y
Keep 16 Credit Cards Active: https://youtu.be/yAzkEK8Y6E8
Rejected for a New Credit Card with 826 Credit Score: https://youtu.be/66O505Oj5e4
Make Credit Cards Pay You Instead: https://youtu.be/wKMJdX1fQJA
Credit Card Low Balance Cancellation $2 per mont [Still Works]: https://youtu.be/2DJjfvcMCcg

Cash Back
Are Credit Card Points Taxable?: https://youtu.be/Tw90h8I5JNk
How to Churn Credit Cards: https://youtu.be/uw__fl38Dk4
Best Cash Back Credit Cards for 2017: https://youtu.be/e_uJweUsiDk
5% Cash Back on Everything: https://youtu.be/q9g_rySm_tI
Always get 11% Off Amazon Gift Cards and Amazon Hacks: https://youtu.be/vbv6Rj2uUr4
Max Rewards: What’s in My Wallet: https://youtu.be/cmJDFcbjFho
How I Make 200 Dollars in 10 Minute [Hint: Credit Card Bonus]: https://youtu.be/pegq4G7ZhTI
When Your Best Cash Back Card Gets Cancelled: https://youtu.be/pe7OuqxGi9M
Amex Blue Cash Preferred vs. Everyday Effective Cash Back on Groceries: https://youtu.be/3ezD_QwS5e0
Double Dip Groceries Cash Back with Safeway Just for U: https://youtu.be/7kBl0W_L29U
Milk the Barclays Cashforward Card for the MOST Cash Back: https://youtu.be/qf2gvrk6Evo

This Channel: BeatTheBush
I’ve obtained a high credit score of 848 out of 850 and I am glad to share the knowledge for everyone. Since 3 years ago, I’ve started making numerous videos that helped people increase their credit score that are free and accessible to all. Please enjoy my channel.

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Are Credit Cards Considered Revolving Debt

Are Credit Cards Considered Revolving Debt, Credit Card Utilization Myths | BeatTheBush.

Federal Government Grants Can Quickly Make You Debt Free

There are 2 types of financial obligation the protected and unsecured loan. Management, relief and debt consolidation all provide some type of solution to your credit problems. A person does not need to travel down this roadway alone.

Credit Card Utilization Myths | BeatTheBush, Enjoy latest replays about Are Credit Cards Considered Revolving Debt.

Is Diy Debt Settlement A Great Idea?

A high score means you are proficient at dealing with debt (up until now that is). Excuses are how we get by year after year, doing the very same things and getting no place. This is very important to get anywhere today.

Numerous customers have seriously cut back on spending as their profits outlooks have ended up being cloudier. As recently as 2008, studies revealed the average cardholder has 7.6 cards. Sadly, even though the costs has actually stopped, the debt built up in the last few years still has actually to be settled.

With unSecured Secured Debt, on the other hand, the financial obligations are just added up and paid according to how much cash the bankrupt individual has. Typically very, extremely little. And only at the end of the personal bankruptcy treatment.

In basic, the entire procedure of Chapter 7 or Chapter 13 personal bankruptcy makes it possible to shift into a new way of life with new spending practices. Many will make the most of the lessons of filing for bankruptcy as a way of finding what is needed to remain debt devoid of that point forward.

You can also discuss your particular chapter of bankruptcy options with your attorney. There is a big distinction in between Chapter 7 and Chapter 13. You require to select your personal bankruptcy wisely otherwise you will never become Debt Free. Or worse, you might find yourself on the course to being financial obligation totally free that is more unpleasant than ought to hold true. As soon as once again, if you do not have a clear concept of how the insolvency laws work, you will not have the ability to efficiently pick the ideal chapter of personal bankruptcy to submit.

Absence of recent revolving account information – There isn’t adequate current information on Revolving Debt to decide about what type payer you will be. If you do not have any other credit cards, attempt getting a protected one and make timely payments for 6-12 months and then reapply. Pay as agreed for the same quantity of time and try again if you do have other credit cards.

There are numerous ways to gain financial liberty and they all have their benefits and drawbacks. This is why you are constantly recommended to view your financial standing and payment capabilities initially before making a decision on what to pursue. These alternatives have differing results on your credit report, payment term length and the portion by which they can lower your impressive balance.

Here is a pointer for you, one of the very best choice to get protected loan is a home financial obligation combination loan. It has low rates of interest. As there is no risk of losing your home or vehicle. It will be hard to find a good offer on secured debt combination if you are unable to make payments. If it is challenging for you to pay the lump amount or little payments, tell the business about it, they might tell you any much better way to pay your financial obligations OR they might add your payments to previous payments and make it well balanced. Being respectful can likewise be extremely beneficial, as the business agent can help you figure out many issues.

There are lots of factors to consider and much research that requires to be done prior to jumping off of the cliff. So attempt to put all the money towards the payment of the loans.

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