I hqd a score of 800 after about 8 years starting from a $200 secured card I got after moving states with my gf and living our lives working at restaurants.
You don’t have to be rich to get a good score, it’s about habits and debt load.
Comment on Anon tries to understand credit scores
BanMe@lemmy.world 5 days agoYep! Credit scores work for the people they’re supposed to: wealthy folks who give their kids $$$ at 18, add them as an authorized user on their own cards, etc. All the one-up stuff poor people can’t afford. This is just a numerical way of saying “you’re poor go to hell.”
Jakeroxs@sh.itjust.works 5 days ago
BananaIsABerry@lemmy.zip 5 days ago
My family was not wealthy but they helped me open a card at 18, which I used instead of debit payments and just paid off in full.
Being poor isn’t an excuse for being stupid.
lusterko@sh.itjust.works 5 days ago
Correct me if I’m wrong, but being an authorized user doesn’t improve your credit score
heatermcteets@lemmy.world 5 days ago
Yes it can improve their scores if the main user keeps it in good standing. It can have a negative impact if the main user doesn’t make payments on time, maxes it out, etc.
It might not be a blanket rule, but if, as an authorized user, you see the line of credit on your credit report it is impacting it.