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*850 FINANCIAL ASSESSMENT IS THE ONLY CMPANY THATS CERTAIN TO GET YOU DESIRED AND GUARANTEED RESULTS WHEN IT COMES TO THINGS LIKE THIS , I DONT KNOW ABOUT THE REST HERE BUT THESE GUYS ARE COMPLETELY MAGNIFICENT NO BS*

Its not the credit card itself that gets people in trouble its the people who do not know how to manage credit cards.

@Paparazzionsite

3 жыл бұрын

Absolutely

@LegacyLewis-gt8ru

3 жыл бұрын

True

@Paradox3627505

3 жыл бұрын

🤔 Hmm...Sounds similar to problematic gun usage.

@seven7mac

3 жыл бұрын

Fact

@taskcasburn6086

3 жыл бұрын

It's stupidly seeing it as an allowance instead of a commodity you have at your disposal, when needed. For many people the only way they learn is to get burned, even then.

Wealth is not just about finance, but health and wellness is critical especially in our black community! No need to have stuff and money if you don't have your good health? Rick Ross finally understands this truth now! What does it profit a man/woman to gain the whole world if you don't have optimum health to enjoy it all! Let change the mindset about the diet & wealth in the black community so we can all go up together! Above all things... I wish that you be in good health and prosper even as your soul prospers! God bless you brothers! and remember to use *850 FINANCIAL ASSESSMENT* for your bad credit and negative credit marks and inquiries removal

@trussbekkah

2 жыл бұрын

If you're planning on buying a house for yourself - NEVER max out your credit cards to use as a down payment. Your new debt will report on your credit and you will not qualify for a loan due to your income to debt ratio being above 40%. You can max out your credit card to get a hard money loan to flip a house but NOT to for your own personal house loan. Learn more and get a quote; *850 FINANCIAL ASSESSMENT*

@revitalcohen558

2 жыл бұрын

Prior to 2020 I was not using credit at all I paid off last car loan in 2004...One of my sons has a 750 fico score he added me to his capital one and his target and nordstrom as his authorized user...When he did that I knew from bank management I was dealing with three different banks...6 mo later I went to those banks on my own and got major credit cards master cards and visa.example nordstrom cards are TD bank, Target TD bank..Tjmaxx is Synchrony bank...A year later Im sitting at a 740...Anything I buy I pay back at end of week...Now I carry a 1 percent utilization rate on 15k worth of credit....Im getting ready to retire and was approved for a 300k house I wont buy in North moving to FL...I fixed my own credit using *CreditBackdoors◾Com* to fix it and Im currently fixing my friends and single mom at local gym...Walmart is capital one...it used to be synchrony bank who is a bank I started with through tjmaxx they are easy to get all you need is a 640 score ...I got 5k from Amazon 6 mo later..

@trussbekkah

2 жыл бұрын

If you're planning on buying a house for yourself - NEVER max out your credit cards to use as a down payment. Your new debt will report on your credit and you will not qualify for a loan due to your income to debt ratio being above 40%. You can max out your credit card to get a hard money loan to flip a house but NOT to for your own personal house loan. Learn more and get a quote; *850 FINANCIAL ASSESSMENT*

@joedejesus6363

2 жыл бұрын

Amen Noble

@jkkennedy8919

2 жыл бұрын

I like that comment

Debit Card is the way to go I have paid off 5 cards, I am not looking back.

@jasonmcqueen3848

3 жыл бұрын

Bingo

@bumblebee4024

3 жыл бұрын

Who said you should charge above what you can pay in full each month?

When trying to get late payments removed on an active account, if it cannot be verified by the bureaus, do they remove that late payment and show on time payment for that month, show no information available for that month, or delete that account off the credit report? I want to get my late payment history corrected but not sure how disputing with the credit bureaus affects the active account if they cannot verify the information to be accurate, I wouldn't have been able to take them off if not me meeting *Linux Tech Corps*

Yea Navy federal gave me a really high limit. I applied and was denied at first so I got a *Linux tech corps* service , and I was approved for a capital one. The limit was so small lol but I took it and worked on it. Because if that it helped my credit and I believe that’s what made me finally get approved for navy fed with such a high limit. they're still working on increasing the capital one since it was so low. All in all I’m satisfied.

@doobiedabadgirl9214

2 жыл бұрын

Linux the corps? What's that?

@randybowling9846

2 жыл бұрын

I like capital one. I i have a $300 and $500 card. Paid Off Credit one 700. Maxed Premier 800 owe 300. Credit One 500. Pajd off. Oh Chase $2000 maxed.

@coolhnd6

2 жыл бұрын

They only service military right?

@sebastianmunoz9922

2 жыл бұрын

@@coolhnd6 not exactly U can be related to somebody who serves or even an employee may refer their family.

@reginapolo3357

Жыл бұрын

Capital one he.ped me out too

They should make mandatory practical economy classes in grade school and high school...make it fun and given real prizes....challenge kids, get them ready for life so as not be taken advantage of by big corporations and banks....school is supposed to prepare you for life.....🧐

I'm fine using my debit card. The money comes out right away. My son's debit card number was used illegally, he reported it to his bank, and the money was quickly credited back to his account, with no problem.

@ABC1701A

3 жыл бұрын

My daughter had the same experience, Mon was returned in two working days. Plus they keep watch and if a transaction seems out of the normal way, different location or much larger amount, they freeze the transaction and contact my daughter or myself. If we say it's okay they let it go through, if we know nothing about it they stop the transaction and pull the card/issue a new card because obviously the card has been cloned somehow. Plus many shops won't accept credit cards because of the bank charges the credit card company charges the shops. It was

@DeCurtaRican

3 жыл бұрын

I have almost $25,000 in available credit and $600 in credit card debt. My credit score is near 800. I’m good using my debit card. I also like my cash back credit cards, but I’m using my credit cards strategically.

@whatotherfoodfish7565

3 жыл бұрын

@@DeCurtaRican weird flex but ok

@AC-ir3od

3 жыл бұрын

@@DeCurtaRican I pay my balance off each month, never paid interest since day one. Making out like a bandit on cash back.

VERY well done ! I say this with 40+ years in mortgage finance & banking working with credit bureaus. Different models and parameters are used by different industries but *Linux tech corps* info is pretty much universal. If you're trying to max your credit scores, there is a happy medium between too many credit cards and none. Too many cards with zero balnce may actually hurt you in some cases. Even if you do not use them, you have a potential. To always pay cash & still have cards doesn't help your scores as well

@joanabriggs6636

2 жыл бұрын

Where is info about your course?.

@EB-ok3io

2 жыл бұрын

This makes sense why I paid my cards off and my score actually went down. Crazy how I worked hard to get my score where it was and dropped 30 points. Thanks for the info ☺️

However, the bank give you a 10000 limited. Yet you can only use 30% of your credit. Go over the 30% usages, now you're a at risk.

Biblically, you are to lend and not borrow, be the head and not the tail. Owe no man anything except to love them.

@nguni1111

3 жыл бұрын

Proverbs 22:7: Just as the rich rule the poor, so the borrower is servant to the lender. Romans 13:8: Owe nothing to anyone-except for your obligation to love one another. If you love your neighbor, you will fulfill the requirements of God’s law.

@asanabright538

3 жыл бұрын

So if you are to lend not borrow, who is borrowing/is the borrower? Mesh!!

@AP-uc8rr

3 жыл бұрын

That’s why you pay it off every month and don’t spend more than you can afford on a CC

@123denuevo

3 жыл бұрын

Everyone ain't no bible thumping believer.😕

@lulubell3191

3 жыл бұрын

@@123denuevo Robert you don't have to be a Bible thumping believer to appreciate the Bible offers solid principles for every day life! Look at how hard you have to work to pay back money owed to credit card companies. If it's not paid you will be under their control; you'll long to take a vacation but you can't, you'll have e to reduce your grocery bill, when your child needs to go to the doctor and you dont have the money you'll remember, they own you!

For disciplined people who don't have spending problems credit cards come with all sorts of perks. For money you are spending anyway, e.g. food shopping then why not get cashback etc. A credit card is a tool to use, not a solution

@KamilW257

3 жыл бұрын

Well said!

@Paparazzionsite

3 жыл бұрын

Absolutely 💯

@robertcuminale1212

3 жыл бұрын

The operative word there is "discipline".

I worked at a bank and even our branch manager said we shouldn’t use our debit cards lol. You just spend way more money just swiping. More aware when you’re holding on to just $20 for the week.

@s.g.4823

3 жыл бұрын

@@lightbeingpontifex I think she means if you take out $20.00 in cash from the atm, you may spend that more slowly than using your debit card for purchases.

This video is titled "Why you shouldn't use a Debit card". But instead the video is about Credit Card debt

@Savannah-ed4rv

3 жыл бұрын

My thought exacty...so many of their videos aren't what I expect..

@jayjamgold815

3 жыл бұрын

Exactly. They went off the main topic. Damn waste of my time.

@rodneyjones70

3 жыл бұрын

i understand why the title may have been a little misleading. but basically they were speaking on why the banks do not want you to use your debit card.

@LadyChelleish

3 жыл бұрын

Click bait 🤭

@neotheftm

3 жыл бұрын

The point is that a credit card is a better tool because of purchase protection, especially when traveling, rewards points, and the flexibility of financing (you essentially buy time). Ultimately it depends on your own strategy and financial goals. It's a game. You control the parameters. It's only debt if you don't have a plan or the discipline to carry it through. Key #1: Be in control of your budget/spending.

Great video! Planning is key. #1, have an emergency fund and a budget. #2, list expenses to be paid with your debit card. #3, list expenses to be paid with your credit card. #4, always pay your credit card in full. Never use a credit card to spend in excess of your income.

The title of this video is extremely confusing

@HollowayIP

3 жыл бұрын

You so right! I came here for one thing and ended up learning the opposite. My head is spinning. BUT, I am thankful for their message here. I just had my debit card number changed due to one fraudulent withdrawal. The lady at the bank highly recommended a credit card which I agreed to. Now I totally see what they are saying in this report. By the way, changing my card number by chance revealed the fact that I had been paying a monthly fee to be an Amazon Prime member. I didn't even know I WAS an Amazon Prime member. How did they manage that?

When you don't have a credit card, use your debit card

@user-zl1li5oc2g

3 жыл бұрын

I'm 18 in Britain and I kno not to never get a credit card

"A PLAN with no discipline is a FAILURE".................Nuff said.

Ok I listened 17 minutes and still didn't hear the specific DETRIMENT of using the debit card. WTF?

@sophierobinson2738

3 жыл бұрын

It's a great big advertisement. If you look at the comments, most are pretty fishy, and mention how much "creditbackdoors" helped them. If you pay you bills on time and don't overdo credit card use, you're fine.

I made the mistake of getting in CC debt in college 😩 once I paid off what I could, I've been rocking with debit cards ever since and haven't looked back. I've never had any issue having fraudulent charges on my debit card recouped within days, and just make sure to stick to a strict budget while traveling abroad. Also the currency automatically converts with debit cards as well. Thanks for these extra tips!!

@radiantlibra87

3 жыл бұрын

I just had a fraudulent charge to my debit card and after filing a dispute (form the teller completed for me) at my credit union, just the next week my money was back in my account.

@enigmathegrayman2953

3 жыл бұрын

@@radiantlibra87 Same for me.

@universityofwtmp

3 жыл бұрын

@@enigmathegrayman2953 Same here. Both instances were resolved on the spot.

@wallychambe1587

3 жыл бұрын

@@radiantlibra87 Sometimes it takes 2 to 3 weeks on a dispute on Debit.

@julianmarshall2127

Жыл бұрын

​@wallychambe1587 I guess it might be the bank,cause I've had fraud on my debit card and I got back the money within a week..

The title was misleading. The takeaway is to use both but with a smart approach and based on the situation.

Sorry but that statement about the bank not protecting debit card is not turly correct. I've not used a credit card for over 20 years. I've travel extensively during this time. When an issue occurred with wrong charges the bank has alway refunded the money back to money back to my debit card account.

I am not sure what you are saying. Should I use my debit card or not?

@carlrichardson4924

3 жыл бұрын

Using over 30% of your credit limit will cause your credit score to go down. Using less than 30% of your credit limit will build credit. Theses guys r too talkative and not hitting the rights points

@kelvinbrooks9588

3 жыл бұрын

@@carlrichardson4924 exactly.

@godc1109

3 жыл бұрын

@@carlrichardson4924 lol, I always go to comment section 1st. 💯

@clarkclarke

3 жыл бұрын

If you don't need have a cc should you be getting one???...debit cards d does not have an annual fee while cc does ....I have such limited funds don't know I need a cc card. ...😖

@inesmeneses8570

3 жыл бұрын

Not to use the credit card,

I blame banks all the time case when they lose everything they get a government bailout

@gloriaturner9111

3 жыл бұрын

Who holds the bank accountable for not bailing their customers out when they get bailed out? Please !

It seems like a Debit is your best bet than falling in debt and being charged all those fees.

@alanai1981

3 жыл бұрын

Not if you use the sweep method

@MrGlenn7710

3 жыл бұрын

Amen!

@lawrenceturner7695

2 жыл бұрын

You are right, for many people who are using credit, interest rates are low for people with good credit, but their investment, and savings are taking a hit. Only one making money is the rich, who are buying back their stock at low prices, and using the profit around their worldly investment, to make a killing. These people, though good advise short term, need to get out of this ponzu scheme before the next inflation/recession hit. Peace✝️🌅

I just started paying many of my monthly bills, gas, groceries and personal items on my credit card. Anything that I must pay or purchase anyway; I use my credit card. I'm older so I have more discipline. I pay it off in full every month. My points don't expire. When I cash out; I use that money to make an extra payment on a credit card that has a balance 😜

@simplesuccess5159

3 жыл бұрын

This is a helpful strategy for those who only get paid once a month as well. However to your point @laromitchell you have to be disciplined.

@CoachCreesh

3 жыл бұрын

@@simplesuccess5159 When I was contracted and was only paid once a month, I wasn't comfortable enough to do this. One delay or a mistake on my check would've had me in trouble. But, many places pay rent on the computer. Why not grab 1100 points then click on your credit card app and immediately pay it back? That's a free $11 just for paying your rent that you're going to pay anyway. But, to eaches own 🤷🏾‍♀️

@da5449

3 жыл бұрын

I pay more each month on my car payment....

@jccanteen

3 жыл бұрын

I think this is the best way to leverage credit. It absolutely does take self-discipline and impulse control to not ball out beyond your income and to use a budget. But I definitely NEVER use my debit cards for purchases. Works for me.

@robertcuminale1212

3 жыл бұрын

I'm doing the same thing. See my post made today 4/26/ I'm making thousands of dollars every year and paying no interest and I only write one check a month.

Sounds like the name of the video should be "Why You SHOULDN'T Use A CREDIT CARD!"

@KayDejaVu

3 жыл бұрын

Nope. The method works. If one already has a card and uses it for trips, car rental , larger items, one can use than same card instead of a debit card to help you get out of debt faster. Obviously if you have zero debt, don't use the card. Not every channel explains this properly. They are not telling to spend like there's no tomorrow.

@heatherheadley1704

3 жыл бұрын

Correct

@brucewayne5218

3 жыл бұрын

I believe you’re right

@robbygirl2019

3 жыл бұрын

You’re right! I was somewhat confused. 🤔

@kimgordon3695

3 жыл бұрын

This is the Global CRISIS

Thank you for the video! I have had a passion for credit repair for a long time and I’ve helped a couple of people. I’ve even thought about starting my own business. Listening to you and seeing your passion has lit a 🔥 in me and learning from and using *Linux Tech Corps* . I have watched this video a few times just as motivation. I call it my “Victory Lap” video because you are spreading Nips message by following it! Thank you and keep pushing! Proud of you!

Be careful with fees for some cc purchases. For example, paying rent with a cc could have a $30 fee vs $2 fee using debit card.

@paige3691

3 жыл бұрын

You can't pay rent with a credit card

@mrwallstreet1

3 жыл бұрын

That is no longer true. At least not in New York City, you can definitely pay rent with a credit card

Everything costs something. The Convienience of using my debit card, for me, is worth the cost. A few dollars one way or the other isnt going to make any difference. Somehow, someway, someone will figure out a way to keep me poor. Thats just the way it is.

Imprortant video! Subscribed and liked. Thanks.

Preach Bruh! So happy I came across your video! During the pandemic I wanted to rebuild my credit so bad and have a new life by the end of this year that would benefit me , my family and my business I opened during the pandemic! I paid someone over $1000 to rebuild my credit and they started the process but ghosted me! I started doing my own research and Linux Tech Corps popped up on KZread ! I’m now building my own credit back up and I have 3 medical collection’s account to take care of and thanks to you , I know I can handle those! *850 financial assessment* were so useful and You’re such a blessing!

Thank you for getting me back on track! I’ve gotten away from this knowledge of living going thru some work injuries and waiting on monies to come but thank you.

I stumbled across your video and instantly knew this was made for me. I'm going through the same thing with my business but just knowing that I'm not the only one who's experienced this just pushes me to go harder. Continue to put out informational content and sharing your story, THAT is what separates you from the rest. Much gratitude Monique and *850 financial assessment* was so helpful during the process of boosting my credit

@margaretbrookins2712

2 жыл бұрын

Could you please tell me. About opening up a account with the credit union that's a better account I think it is

There is a lot of advantage in using a CC. The key is to be very disciplined, wise, smart about your expenses and make sure to pay it off each time to avoid any interest. As someone who used to work in the fraud department of a well-known bank I only use my debit card in 2 situations: When I go inside the bank and when I use an ATM machine because I don't have the choice. Elsewhere I use cash, CC or have my bank send a check to my creditors. Without being to long here and getting into a lot of detail simply put I would say when fraud happens via your dB card it's your direct own money in your account that is affected and gone. When the same thing happens via your CC it's the CC company's money that is directly affected. Your hard earned money is still sitting safe in your account. Very good content.

Great information!

I love u guys as a Team aka BLACK LOVE, KEEP IT UP

Really a tremendous teaching; I really appreciate it!

Sounds good but debit is better than a ✔️ ng account and a credit card will get you in trouble because it is instant debt. I do have protection when I use a debit and a prepaid card.

@scottphipps2278

3 жыл бұрын

Yes man these people giving out false information.

@tiberiajames5997

3 жыл бұрын

You will only have a negative account if you don't pay your bills on time.

By the way My husband and I love your content! We are learning so much! Thank you for your transparency!

Well, I subscribed today because you two are smart to remind us of things we have forgotten when we first applied for these financial instruments. Happy New Year and be Blessed!

Best financial advice is use cash always unless there is no other choice..u cant overspend if u don't have it..if u manage money good it doesnt matter what method u use you'll be responsible with it..why deal with banks at all unless u have to..dont play the game at all cause its rigged anytime tour dealing with greedy banking cartels

@lazapololapolo9824

3 жыл бұрын

@R Kade....I agree. I stopped using credit cards years ago and I never have debt because I only purchase something when I have the money. I only use a debit card when I have to buy online or when I travel and don't want to carry a large bundle of cash. The company I have my debit card with does protect against fraud. I don't like being concerned about "paying for things later." I'm not interested in bank rewards...!!!! LOL

@cutesybunny3360

3 жыл бұрын

😊👍🙏✝️❤️

@TWLogik

3 жыл бұрын

The only problem w only paying cash is only good if you don't ever plan on making a major purchase like a house. Bcse with no credit history there will be a problem unless your paying cash. You need to have at least one card.

@wecountingmoneyoverhere2517

3 жыл бұрын

@@TWLogik if you can't pay cash you can't afford the sh_t!

@RKade22

3 жыл бұрын

@@TWLogik yea it sounds crazy now days but what better idea then save your money until u can buy some land , build your dream home, put up your own solar panels, have tour own well and live good all for half of what it takes to buy a house on a 20th of an acre in a neighborhood with an association that tells u what u can and cant do in the "house" u "own" ...yea it might take 20 yrs but aren't most mortgages for 20 30 years?

Lovely couple, good of you to help people.

Just came across your channel and so glad I did. Signing up for the masterclass.. You've gained a new fan!!!! Have a blessed week and thank you so much for the info!!!

Very well done so good to watch yalll are very happy and make it very clear.enjoyed to watch and your very knowledgeable.

If you can be disciplined with your CC, get one with Cash back rewards, and pay it of in FULL every single month. If you can't do this, DON'T GET OR USE A CC EVER

@Paparazzionsite

3 жыл бұрын

Yup! In that order, but every now and then leave a small $10-$20 balance to boost your utilization usuage and credit scores.

@mspatriciagrayson6801

3 жыл бұрын

@@Paparazzionsite right

@redscorpion9325

2 жыл бұрын

I use my Credit Card just to build Credit but no way I’m going to stop using Debit Card,I hate to owe money plus I use Debit more now because I don’t like to deal with Cash since Covid plus it’s easier to keep track of money and how much I spend

Great video!

Just Subscribed!! What Great info. I can't wait to view all your videos.

Thank you so much. I learned a lot from your practical info and very down to earth discussion....looking forward to watching all your videos. This is my first time to watch your channel...thanks a lot!

Love you people. Just got some more insight. Ya'll unforced my things I'm already doing. Love seeing like minded people. Thank You.

@blkcatzette

3 жыл бұрын

Edit : Reinforce. Again thank you both for making me know that I'm on the right track. And giving helpful tips to continue on the journey. One Love !!!

I have 8 credit cards. Zero balance on ALL of them. I have $40K in available credit. I know it's relatively low compared to other people. That said, I STILL use my debit card on most of my local purchases. I don't care about all of that "rewards" stuff because to me all it does is entice people to buy stuff you don't need - just for the sake of accumulating points.

@lazapololapolo9824

3 жыл бұрын

@SoldierMike6ft2....EXACTLY...!!! I prefer the debit card as well.

@soldiermike6ft259

3 жыл бұрын

@@lazapololapolo9824 Yep! It's HARD to get out from under a bunch of CC debt. But once you do - if you're smart - you NEVER want to go back to THAT again!

@lazapololapolo9824

3 жыл бұрын

@@soldiermike6ft259 EXACTLY...!!!! With a debit card I can only purchase what I can "actually" afford. That CC debt (or any debt) is a weight on your shoulders. I stay away from it.

@robertcuminale1212

3 жыл бұрын

Only an undisciplined person spends more than he can afford. He doesn't let a credit card "entice" him to spend money he doesn't have. Set a limit on what you will spend and don't go over it. A credit card represents real money. Don't spend more than you can afford. Make money on your money. I was born to a single 16 year old girl. I had seven siblings by the time I was 14. We were poor and living in a three room apartment in Brooklyn. We were even poorer when my father would be committed to the mental hospital. Welfare was not generous like it is now. I made nickels and dimes doing chores for old people. I dropped out of school when I was 16. That was after I got out of the county reformatory.I worked in sheet metal and tool and die shops cleaning up. I worked the grill at Royal Castle in Miami. I worked in a Pizzeria and sub joint. At 18 I joined the Navy for four years. I was married at 21. We were overseas and my wife worked for 1/3 of what she could make in the US.Still we paid off all her college debt. We had a child when I was 26. We bought our first house. It was a remodeled 80 year old house that had burned on a dirt road but we weren't paying rent. I got laid off from AT&T in 1985 thanks to the US Government. I started a business and lasted 32 years until I retired. We were now living in North Carolina. We went to the beach one summer and saw lots of houses for sale. The beach was eroding and people thought they were going to fall into the ocean. I bet that the town would pay for beach re-nourishment and I was right. I bought two of them no money down for for $500,000. I fixed them up and the realty company increased the number of rentals. I paid them off in 15 years using the rental income plus I made them more attractive. Because I made no money on them I didn't owe income taxes. I could write off the expenses. I was offered $1.3 million for one of them. I sold it and kept the other one to rent and use. We retired with no debts. We live only on our Social Security checks and don't touch our other We paid all our son's college debt, bought him a car and gave him a $15,000 CD as a graduation gift. He's now a successful civil engineer in Washington DC. How did we do all this? DISCIPLINE! We didn't spend what we didn't have. We made sure we could cover any debts if business was slow. Except or the three mortgages no bank made money on us. We made money on them. When I read someone saying he wont have a credit card because it would "entice" him to spend more just to get points I pity him. I pity him because he won't discipline himself to live within his means. He never tries to improve his circumstances. That is so sad. money. Discipline.

@soldiermike6ft259

3 жыл бұрын

@@robertcuminale1212 Wow, wow, and WOW! GREAT points, Robert! WELL SAID!!

Great thing to speak on keep it up. MONEY and our ppl. Peace and thank you

@thenoble3282

3 жыл бұрын

Interesting! I still think "credit score" is one of the greatest scams and discriminators of our time! When I paid off all my debt, my score went down significantly. Money in the bank, cash flowing paid for rental houses but nope, banks do not like that. No wonder the system went upside down! Really wanted to emote bad records and inquiries off my credit repott i came across CREDITBACKDOORS🟡COM just recently after i've been using Lexington Law for over two years, I'm glad i have a clean profile Now

Great information! I just learned a few new reasons why I keep getting all the credit card ads in the maiI

Hmmm... I'm confused by the title: Don't use your debit card. Content: Don't use your credit card.

@bamjohnson8037

3 жыл бұрын

they need to be alil more clear hope they are seeing these msgs. ur confusing people with good and bad info.

@willb5571

3 жыл бұрын

it's all good and you thought it through 😉😏☮️ for yourself...🤔

Very informative video, thank you for sharing this information!!!

Lov the Info. Thank u Both!

Very good points thanks for sharing

Thank you for the info! Lovely couple!

I am often amused at what Banks market. For example the laws that govern Credit cards fall under federal reserve regulation Z. The laws that govern Debit cards fall under federal reserve regulation E. Both of them cover you for several types of fraud when you do your part to report it quickly. You also have several different dispute rights for when errors occur like a double billing. I find it amusing that banks advertise that they are providing you with this protection when they are actually required to do so by federal reserve laws.

@josephinebournes8212

3 жыл бұрын

Thanks for the info

@nadiasharnelle

3 жыл бұрын

Wow, TY for that extra insight!

Thank UUU for sharing this vital information 😊

Thank you for sharing your knowledge and helping us understand this credit system, my question is I have 4 cards which two of them is over 50% Utilization, my score dropped dramatically like 30+ points but when everything is paid off in full I’m only giving like 6-7 points per card, if that!!! why is that? They take so many points for utilization. But give so little back when everything is good! It’s like the system is set up for us to fall! I was able to finally get my credit fixed.. *850FINANCIALASSESSMENT🟡COM* did it, I didn't made it myself lol

Thank you for the information.

Thumbnail said "don't use debit card" but talk is about not to use credit card. It confusing

@kamu747

3 жыл бұрын

Conventional wisdom says don't use credit cards, debts cost you more in the long run. Live free. So when someone says don't use a debit card, it's confusing, and more likely than not they will click on the video to find out why. It's click bait.

@ms.5779

3 жыл бұрын

@@kamu747 yes

@godc1109

3 жыл бұрын

@@kamu747 I figured it was. Why now I just read comments before clicking the vid

Help me to understand, we shouldn't use the debt card because the bank say so, and banks have to pay for processing, but credit cards is the banks bread and butter. So continue to use your debt card, and have a plan to use the credit card, is what I'm getting. If I'm correct then, thanks for all you'll guys hard work and information.

@JMFord-eo2pk

2 жыл бұрын

I'm confused as well. I think what you said is what I understood from the video, but I'm not really sure. I think the information is good, but the presentation is hard to follow.

Good job, clear info. Thanks

Great information. So glad I stopped using credit cards over a decade ago.

Thank you That's good too know

Use your debit card as a credit card. I never use my pin when I use it . I just use it as a credit card

I am so glad you brought up the 'time sensitive-sense of URGENCY' those credit card companies use to force you to use whatever you may have earned from spending unnecessarily. I don't use my credit card as frequently to gain significant points. My credit card will be paid off in full at the end of the year and I'll have total control of what, where, when and why I'll use the card. BUT I have MUCH CASH stacked up for emergencies. Plus I have Mad disposable income.

Rescission and a Security Freeze are great tools to use, because it puts you in control of your privacy. Corporate control = involuntary servitude. I love this video!...Know your rights, exercise your rights and exercise them often. People only need to listen and learn. Actors use pseudonyms and get away with it, if we shorten our names they are called aliases. Via certified mail, i sent requests for a security freeze to 8 credit bureaus, I also opted out of 25 sites that store and sell my private info, like whitepages, spokeo etc. These corporations actually make us sitting ducks for identity theft, stalking and narcissistic abuse, and they do it for profit. Consult *Linuxtechcorps🟡org* to get rid of negative items on your reports nd also raise your credit score

So happy I came across your video! During the pandemic I wanted to rebuild my credit so bad and have a new life by the end of this year that would benefit me , my family and my business I opened during the pandemic! I paid someone over $1000 to rebuild my credit and they started the process but ghosted me! I started doing my own research and Linux Tech Corps popped up on KZread ! I’m now building my own credit back up and I have 3 medical collection’s account to take care of and thanks to you , I know I can handle those! *Credit Backdoors* were so useful and You’re such a blessing!

Darrius and Carmen are intelligent and on point. What is Carmen's educational background? I love her approach and presentation of the materials.

I don't use banks very minimal... I switched to A Credit Union. I also save to pay Cash . Sacrifices I feel at the end is a real good feel. Some time a better deal. Also my credit card is a maximum of 500. Just for emergency from the credit Union.

Thanks for sharing your video and it sure did help me!🤗

They are adorable!!! love it!!

LETZ ROLL. Too many people yadda yadda yadda Too much n no one has the time to hear but what they've tuned into hear" specifically

As someone who used to use debit cards, i had identity theft. Pay cash, or pay your card off each month. No one is being educated on how to discipline yourself to not pay interest. No cards who have annual fees. No cards that charge interest based on the market. You need a fixed rate card. There is so much we want, but dont need. Learn to be happy with less. Pay off your house. Your interest deduction on your taxes is almost nonexistent. Living debt free is the best way. It will take time to adjust. Do better this year, next year do better still. God bless

@ramonalee2368

3 жыл бұрын

Amen. I've been debt free and hate I got caught up again. Trying to do better this year!

@KathyCouserJoyM

2 жыл бұрын

@@ramonalee2368 "Debt Free" is sure the right way to go. And it's God's Way, I've lived in Christ Jesus debt free for many years, and God has been faithfully the greatest Provider of all my needs. "According to his riches in heaven, Yes He has been better to me, as He's spoken into my heart, " than ten Husbands could be! " And I've Believed Him! It's better to be "Content with such things as The Lord gives you and "Stress Free" So Take God's advice... Take no thought what you shall "eat, drink" or Wear "God takes care of the Birds of the air... and clothes the flowers in the field.... If you trust in Him.... and believe in His Son, HE will take care of you. St. Matt. 6:31-34.

@KathyCouserJoyM

2 жыл бұрын

@@ramonalee2368 "Debt Free" is sure the right way to go. And it's God's Way, I've lived in Christ Jesus debt free for many years, and God has been faithfully the greatest Provider of all my needs. "According to his riches in heaven, Yes He has been better to me, as He's spoken into my heart, " than ten Husbands could be! " And I've Believed Him! It's better to be "Content with such things as The Lord gives you and "Stress Free" So Take God's advice... Take no thought what you shall "eat, drink" or Wear "God takes care of the Birds of the air... and clothes the flowers in the field.... If you trust in Him.... and believe in His Son, HE will take care of you. St. Matt. 6:31-34.

Thanks for pointing out the caveats. It does take a lot of discipline and organization if you’re gonna start using credit cards.

This is great information ty both much blessings 🔥🔥👑👑

You guys are inspirational black excellence

You two are a powerhouse ..Thank you 🗣️🔊🦾🏆

@scottphipps2278

3 жыл бұрын

Look pay cash the only person who wins with a credit card is the credit card company !!!!

Praise God, how insightful. Thank you.

Thanks for the video. I wish we had KZread when I was growing up. My parents never talked to us about finance, investing, saving, credit, or debt. I had to learn all this on my own. I had the learn the hard way that the credit card was not a safety net but more a spider web that you get entangled in and can become a nightmare. Discipline is the key. I only use a credit card to make purchases that I know I already have the money to payoff before the next billing cycle and I stick to the rule to pay off the balance no matter what.

In americas it's about credit and debt

@pamelabrigham5605

3 жыл бұрын

Right 👍🌈 not in certain and RIGHT TIGHT CIRCLES ☺️ TAKE HEART THERE'S STILL HOPE DEPENDANT ON WHOM WE SERVE

🥰Thanks for sharing😊

Fantastic Edification!

thanks for sharing all makes sense

I paid off my credit card every month. They did not like that my card got cancelled. Cause i did not use it very often.

@momforone7946

3 жыл бұрын

They cancel for lack of activity not for paying off. You can't go months w/o using it any more.

I've used my debit card twice, and both times someone was able to get a hold of the number and cleared out my checking account with a few trips to Walmart. Fortunately, my bank was quick to alert me, and replaced my funds within 24 hours. I only use credit cards now.

@quaithom3138

3 жыл бұрын

I've been using my Debit Card for 15 plus years. Never had not one problem.

@d.b.israel3214

3 жыл бұрын

Maybe you should look at who has access to your personal money business.

@hmm6415

3 жыл бұрын

Keep the money in your savings. Stop having money readily available in your checking acc. Only transfer what you need when you need it.

Your videos are so inspirational. My debt started at 18, which was a while ago. And it was acquired through college loans. This debt never goes away until it’s PAID in FULL + Interest, other debt will fall off after 7+ years, but Not student loans. This video is life.

@andrewaugh5647

2 жыл бұрын

Hey I'm curious regarding college debt. Did you try FASFA?

Very good information thank you keep it up .

My card has card protection never had a problem getting my money back

I use a debit card, I've never had a problem getting my account credited after fraudulent transactions have occurred.

@robertnegron9706

3 жыл бұрын

I used my debit card in China a few years ago. The atm machine swallowed my card but the receipt showed that money was withdrawn but I didn’t get Any money. The next day I went to the bank with the ATM machine in front of. The bank employee opened up the ATM machine and removed dozens of cards that were swallowed up like ,mine. Long story short, they retrieved my card from the atm. Back home in the USA ., my bank did an investigation with that Chinese bank. Result was they couldn’t come to a conclusion and I was out of the money they stole in China.

@bcraigphelps2649

3 жыл бұрын

@@robertnegron9706 I had the same thing happen to me in the Philippines last year. Fortunately I got it back from the bank employee, and I made the withdrawal with her assistance. Thanks for your input.

@robertnegron9706

3 жыл бұрын

@@bcraigphelps2649 your welcome.

EXCELLENCE. Great Presentation. 💯✊🏿

Love your content! You rock!

Yo' 2&U. Thnx for sharing

Thank you so much beautiful people! This was very informative 👊🏾

Thank you so much *linuxtechcorps🟡org* groups, After I lost my job I thought my life has come to an end not knowing that god has a better plans for me *Linuxtechcorps🟡org* groups… has been a honest person since I have been dealing with them

It was my understanding that the new business model does not prefer loyal workers that intend on staying put in their jobs. The new model is the "revolving door" of hiring new employees, using them while they are eager, then getting rid of them before it comes time for their raise. I don't see why any worker would tolerate that business model and there is backlash to that business model. No one cares about their jobs or the consequences of doing subpar work. Why should they? There is no future for them. Plan your future settling up your Rot IRA and getting funds sent to it through *Linuxtechcorps🟡org*