• kajib
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    61 year ago

    Congrats on turning that around so quickly!

    • karmanj
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      31 year ago

      Kept scores like it was a video game.

      • @[email protected]
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        11 year ago

        My country doesn’t really work with credit scores, so I don’t really understand it. How can you ruin and fix your score like that?

        • karmanj
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          1 year ago

          In the U.S. there’s a system that reports all of your financial information to 3 different credit bureaus. When you make an owed payment late ,don’t pay for something, apply for too much credit or just not even use credit your credit score shrinks. By paying bills on time ,having more available unused credit and just doing that overtime makes your score go up.This is a simplified explanation and I’m no expert ,but that’s the basics of it.

          • @[email protected]
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            11 year ago

            The less you spend the better? Goes a bit against economic progress. But I’m probably not really getting it. Thank you for your explanation.

            • karmanj
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              11 year ago

              Sorry ,that was a broad explanation. Using only about 1/3rd of your available credit is a plus.no matter if that’s $100 or $100,000. The other crazy part is the worse your credit is, the more things that require credit costs.So it’s a bad cycle to fall into and helps keep people broke.