Hello!
Here it a two part series regarding emergency credit situation, and online resources that can help you get funding for small to large installations when combined and done strategically. I needed to replace a roof (I should have replaced it a year and a half ago, but I only patched it. Check out my article 0058 Do Your Repairs Up Front on what you should do next time). So, I want to discuss using online resources to use for emergency credit situations such as:
1) Creditcards.Com
2) CompareCards.com
These two sites are similar, and offer a great way to strategically apply for credit cards. In this instance, it helped me filter by credit profile (fair to good), and then by promotions (0% introductory APRs on purchases and balance transfers from 6-9 months). I applied to 6 different cards in 30 minutes, and I want to explain in this episode what happened with those inquiries and my credit score.
Watch This Video For Free By Signing Up For My 12 Week Newsletter Series Or By Supporting Me On Patreon For As Little As $1 A Month to view them all now!
!!!Stay tuned for part II!!!! I am going to put up the same information my Experian reporting service shows me when I applied to credit. This is the same information you would see if you signed up for Experian Credit Report Monitoring Service. Im excited to share with you, as this was happening near real time:
1) Hard Inquiry Alerts
2) Score changes – (spoiler alert – it went up! I said 6 points in the video, but it was actually 12!)
3) 10 different, fact and content filled specific reasons my Experian score goes up and down
4) Insider Information I gleaned from a 10 minute credit specialist conversation, which was included for free since I have the service
5) How now that that score has risen sufficiently, I am now going to look into Equifax, which I know is my lowest score, and start from there.
6) Which cards denied me, and which ones approved.
Hopefully this will help give you some firm figures if you are trying to improve your credit score yourself, as I navigate using credit and discovering how available it can be if you know how to search for it.
Lisa Phillips
Some changes to my channels:
Start building real wealth, and take the course here: Getting Started Series
Support me and GET REWARDS (really cool ones, actually)! Support me and my rental education on Patreon for as much as $1 a month on and see all NEW videos here
(Some of these will be Patreon Only Bonus Videos) AND GET REWARDS: AffordableREI on Patreon
Thank you all so much!
Please remember, if you want to submit a question, please send and email titled “Audience Question” to LisaPhillipsREI@Gmail.com If it doesn’t say that in the subject line, its easy for
me to overlook it as SPAM and get deleted.
*****Don’t forget to like and comment! I need your participation to make this work! 🙂 Thank you.*****
You can also follow me on Facebook, Twitter, and Google Plus