What first world problem did you have today?

[BoomerD]

Some dead guy got your $$...or you're the dead guy.

 

[Ajay]

my Fico score was constant 835 this year (jan-march) but today it dropped to 830.
WTF?

why would a pandemic lower my credit score?

sure i could still get any loan i want.
it's the principle...

Ours had dropped just below 700 briefly. So instead of paying cash for everything, we took out a couple of credit lines (Lowes, Amazon and Apple) and did the equal payment thing for stuff we planned to buy anyway. 100 point gain in under year. Freaking credit bureaus .

 

[highland145]

Payment History – 35%

As you might expect, the repayment of past debt is a major factor in the calculation of credit scores. It helps determine future long-term payment behavior. Both revolving credit (i.e. credit cards) and installment loans (i.e. mortgage) are included in payment history calculations. Although installment loans take a bit more precedence over revolving credit. That’s why one of the best ways to improve or maintain a good score is to make consistent, on-time payments.

Amounts Owed – 30%

This category is basically credit utilization or the percentage of available credit being used/borrowed. Credit score formulas “see” borrowers who constantly reach or exceed their credit limit as a potential risk. That is why it’s a good idea to keep low credit card balances and not overextend your credit utilization ratio.

Length of Credit History – 15%

This factor is based on the length of time all credit accounts have been open. It also includes the timeframe since an account’s most recent transaction. Newer credit users could have a more difficult time achieving a high score than those who have a credit history. Since those with a longer credit history have more data on which to base their payment history.

Credit Mix – 10%

FICO® Scores consider the combination of credit cards, retail accounts, installment loans, finance company accounts and mortgage loans. Credit mix is not a crucial factor in determining your FICO Score unless there’s very little other information from which to base a score.

New Credit – 10%

Today’s higher use of credit factors into FICO® Score calculations. Still, opening several new credit accounts in a short period of time can signify greater risk – especially for borrowers with a short credit history. So how one shops for credit and within what timeframe can affect a FICO Score in a number of ways.

 

[BoomerD]

Payment History – 35%

As you might expect, the repayment of past debt is a major factor in the calculation of credit scores. It helps determine future long-term payment behavior. Both revolving credit (i.e. credit cards) and installment loans (i.e. mortgage) are included in payment history calculations. Although installment loans take a bit more precedence over revolving credit. That’s why one of the best ways to improve or maintain a good score is to make consistent, on-time payments.

Amounts Owed – 30%

This category is basically credit utilization or the percentage of available credit being used/borrowed. Credit score formulas “see” borrowers who constantly reach or exceed their credit limit as a potential risk. That is why it’s a good idea to keep low credit card balances and not overextend your credit utilization ratio.

Length of Credit History – 15%

This factor is based on the length of time all credit accounts have been open. It also includes the timeframe since an account’s most recent transaction. Newer credit users could have a more difficult time achieving a high score than those who have a credit history. Since those with a longer credit history have more data on which to base their payment history.

Credit Mix – 10%

FICO® Scores consider the combination of credit cards, retail accounts, installment loans, finance company accounts and mortgage loans. Credit mix is not a crucial factor in determining your FICO Score unless there’s very little other information from which to base a score.

New Credit – 10%

Today’s higher use of credit factors into FICO® Score calculations. Still, opening several new credit accounts in a short period of time can signify greater risk – especially for borrowers with a short credit history. So how one shops for credit and within what timeframe can affect a FICO Score in a number of ways.

like you bother with FICO scores before you shark money...

 

[highland145]

like you bother with FICO scores before you shark money...

If it's over 620, I don't want you. People with scores higher get all uppity when I kick their dog.

 

[Red Squirrel]

I'm at like 850ish range last I checked. I honestly don't know how I got that high. I guess paying your bills helps lol.

 

[Ajay]

Payment History – 35%

As you might expect, the repayment of past debt is a major factor in the calculation of credit scores. It helps determine future long-term payment behavior. Both revolving credit (i.e. credit cards) and installment loans (i.e. mortgage) are included in payment history calculations. Although installment loans take a bit more precedence over revolving credit. That’s why one of the best ways to improve or maintain a good score is to make consistent, on-time payments.

Amounts Owed – 30%

This category is basically credit utilization or the percentage of available credit being used/borrowed. Credit score formulas “see” borrowers who constantly reach or exceed their credit limit as a potential risk. That is why it’s a good idea to keep low credit card balances and not overextend your credit utilization ratio.

Length of Credit History – 15%

This factor is based on the length of time all credit accounts have been open. It also includes the timeframe since an account’s most recent transaction. Newer credit users could have a more difficult time achieving a high score than those who have a credit history. Since those with a longer credit history have more data on which to base their payment history.

Credit Mix – 10%

FICO® Scores consider the combination of credit cards, retail accounts, installment loans, finance company accounts and mortgage loans. Credit mix is not a crucial factor in determining your FICO Score unless there’s very little other information from which to base a score.

New Credit – 10%

Today’s higher use of credit factors into FICO® Score calculations. Still, opening several new credit accounts in a short period of time can signify greater risk – especially for borrowers with a short credit history. So how one shops for credit and within what timeframe can affect a FICO Score in a number of ways.

Thanks for the 'inside' info

 

[JEDI]

I used up my last bottle of Fuji water and none of the supermarkets near me have it in stock.
Now I cant drink my Johnny Walker Blue

 

[JEDI]

If it's over 620, I don't want you. People with scores higher get all uppity when I kick their dog.

wait.. you're now a legal loan shark?
what happened to working on oil rigs/tugboats?

 

[highland145]

wait.. you're now a legal loan shark?
what happened to working on oil rigs/tugboats?

That was .... Name escapes me.

 

[lxskllr]

That was .... Name escapes me.

TexasHiker

 

[JEDI]

That was .... Name escapes me.

TexasHiker

thx
getting old sucks

 

[BoomerD]

I used up my last bottle of Fuji water and none of the supermarkets near me have it in stock.
Now I cant drink my Johnny Walker Blue

Never seen Fuji water...is it any better than the crap sold as Fiji water?

(boycott everything sold by the Resnick family. )

Water & Power: A California Heist (2017) ⭐ 7.3 | Documentary

1h 27m | PG

www.imdb.com

 

[dave_the_nerd]

Got a new TV, bigger. Housemate says "it's too high! I have to lift my head up!" Which meant lowering the wall-mount 6", which meant I peeling off the cable channel... and a bunch of the wall came with it.

So now not only am I not watching my new TV, but I gotta pick up some drywall mud tomorrow morning to repaint the damned wall.

 

[sdifox]

I used up my last bottle of Fuji water and none of the supermarkets near me have it in stock.
Now I cant drink my Johnny Walker Blue

Well Fuji water was bottled in Fukushima nuclear plant and that kind of went south. You should really drink Fiji water.

 

[snoopy7548]

Got a new TV, bigger. Housemate says "it's too high! I have to lift my head up!" Which meant lowering the wall-mount 6", which meant I peeling off the cable channel... and a bunch of the wall came with it.

So now not only am I not watching my new TV, but I gotta pick up some drywall mud tomorrow morning to repaint the damned wall.

Just mount the TV lower to cover up the wall.

 

[BoomerD]

Just mount the TV lower to cover up the wall.

or tell the housemate to fuck off.

 

[dave_the_nerd]

or tell the housemate to fuck off.

Not that kind of housemate. If you're married, you understand.

It's an easy enough repair, just frustrating.

 

[BoomerD]

Not that kind of housemate. If you're married, you understand.

It's an easy enough repair, just frustrating.

oh...married. You poor bastard. I'm going on 45 years of "wedded bliss."
I'm well versed in being wrong...even when I'm 100% right.

 

[shortylickens]

Divorce lawyers are gonna be REAL busy when the quarantine ends.

 

[Red Squirrel]

This situation definitely makes me glad to be single with no kids. Only thing I'm kinda looking forward to is visiting with friends and family again, going out for coffee etc.

Other than that though I can't say it's disrupting my life much. I'm just feeling blessed I have a job in an essential sector. Telecom is pretty important right now, especially the internet part.

 

[sdifox]

ran out of liquid hand soap and was too lazy to refill. used wife's. Big fucking mistake. I have no idea what the smell is supposed to be but it is nasty. Had to refill my liquid soap bottle and wash my hand five times to get rid of the smell.

 

[lxskllr]

ran out of liquid hand soap and was too lazy to refill. used wife's. Big fucking mistake. I have no idea what the smell is supposed to be but it is nasty. Had to refill my liquid soap bottle and wash my hand five times to get rid of the smell.

 

[ponyo]

Wife wanted another $2,300 Salvatore Ferragamo handbag. I had $600 gift card from Neiman Marcus from like 4 years ago so I tried to use it online towards the purchase. System said it was unavailable. It turns out the gift card had expired. I didn't know Neiman Marcus gift cards could expire. Neiman Marcus is sending me replacement $600 gift card in the mail but I won't get it for like 3 weeks and wife wants a new bag today. So I ended up ordering the handbag without being able to use $600 gift card. Which means my wife will get another handbag or something else from Neiman in the future. Provided NM doesn't go out of business.

 

[ultimatebob]

Wife wanted another $2,300 Salvatore Ferragamo handbag. I had $600 gift card from Neiman Marcus from like 4 years ago so I tried to use it online towards the purchase. System said it was unavailable. It turns out the gift card had expired. I didn't know Neiman Marcus gift cards could expire. Neiman Marcus is sending me replacement $600 gift card in the mail but I won't get it for like 3 weeks and wife wants a new bag today. So I ended up ordering the handbag without being able to use $600 gift card. Which means my wife will get another handbag or something else from Neiman in the future. Provided NM doesn't go out of business.

I doubt that Neiman Marcus will go out of business. They'll probably close more of their stores and do more business online, though.

Honestly, that's probably the path for most retail that isn't Target or Walmart.