Why I Started Using Credit Cards – Here’s how you can get a great credit score in 2024
NEW BANKROLL COFFEE NOW FOR SALE: http://www.bankrollcoffee.com
GET MY WEEKLY EMAIL MARKET RECAP NEWSLETTER: http://grahamstephan.com/newsletter
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://the-real-estate-agent-academy.teachable.com/p/the-youtube-creator-academy/?product_id=1010756&coupon_code=100OFF – $100 OFF WITH CODE 100OFF
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
40 Comments
The moral of the story is this. If you can buy an expensive car or a house for cash, you can have credit cards.
It’s fine. Dave isn’t talking to you.
Credit score is there to keep you in line and in debt your whole life. It will will dropp the moment you are debt free. Buy cash guys, unless the money not spent will earn you more money as an investment.
In Europe, you get a loan based on your salary. So most of us don’t have credit cards
I never needed a credit score. They looked at my employment, looked at my rental history, saw that i was always up to date and on time with all my payments and that was it.
855 💪
Rich ppl don’t use credit card or have credit
804 here. Wasted credit points and oppurtunity cost, low IQ play
Lies.. you can easily build credit by buying a car or renting an apartment.. which are much better ways to start your financial life
This is the problem. Our society shouldn't run on credit, Aka, how good are you at staying in debt while still being able to pay.
I refuse to participate in the bullshit credit culture society's created. Ive avoided it for decades and will continue to.
This is TERRIBLE advice. NEVER borrow money. You don't need a credit score if you have good underwriting. You played yourself into the banks pocket.
Shhh don't tell Dave Ramsey
I wonder what George Kamel's reaction was to this. Where can I find the full video?
I need to get into his content!!
Cash is King Cash is King Cash is King
My credit score is 675, it’s been the same for years, I’ve never missed a payment and even payed things off early when possible, I’ve never owned a credit card but I’ve been told I should to increase it even more, I’ve never liked the thought of spending money I don’t actually physically have but have been debating it if it actually increases it by a good amount?
Ahh the youtube algorithm has decided to start trying to get me to apply for credit cards I see
I have t had a credit card for 25 years. If I can’t pay cash I don’t buy. Own all my cars, and my credit score is 820. Credit cards and loans are a lie people.
Plus he didnt need a credit score to buy a house he could have done it based on his salary and expenses hes jus lying
I expected him to say it is higher than 805 as that is not that high.
Don't bother with credit cards they're worthless and not good for anything except stealing your money every month
Ya thats all great until your so called job…evaporates
850 here
How are you in real estate but not know about private lending or manual underwriting?
742 score here. Just got my card in June 2024 and though I’m new, I think I’m doing quite well along my credit journey. (: Pretty excited for the future.
I charge everything on my credit card, my checks almost always go to the savings account and at the end of the month I pay what I owe, my credit score is 730 and I’m 20 I’ve had a 700+ credit since 17 when I learned how credit cards worked.
I disagree. Borrowing money so that you can borrow money is a foolish system. Congrats that you were able to come out on top, but next to nobody buys a house cash these days. We need a change.
Dave Ramsey does not approve this message.
Wow you can borrow money woooooooow
631 Here. … Kikoff Got To Go Higher. 707 😊
I dont even know what my score is anymore but i have lotsa cash. Time to bump it up and go borrowing.
After 740 all scores are same. You get loan mostly based on your debt income ratio
You don’t need credit to purchase a property. You’ll need a mortgage lender that does manual underwriting and it’s definitely more complicated but you can do it.
i have a 750 but since im 20 i still can never get approved for anything decent.
822
Smartest thing you could of done was pay cash.
OMG ❤
I'm a recovering gambling addict. My credit score is a grown man crying.
Technically, you don't need a credit score to buy a home, but its significantly harder and takes much more time, and you'll have way less options.
First thing to do before opening a credit card account is get your unhealed traumas figured out. It will make sense once you do and you can lead a happy life without the bullshit