@daveramsey: You could get a million dollar raise today, and it wouldn't impact your credit score one bit.   We as a culture just take it for granted that a high credit score means we’re doing great with money. It doesn’t. It just shows how much we enjoy being in debt.   Hear me clearly on this: The credit score is NOT a measure of winning financially. It is 100% based on debt. The credit, or FICO, score is simply an "I love debt" rating. No part of the credit score calculation even hints at how much wealth you have.   All a credit score represents is your relationship with debt. It's based on how many times you've borrowed money and paid it back, so you could borrow more money and pay that back, and continue to dive deeper and deeper into debt.   Chasing a high credit score is ridiculous. It makes the banks richer and richer and pushes you further and further away from your goals. It's time to stop playing the credit score game and take back YOUR money.   Pay off debt as fast as you can, and don't look back. You know what you'll have when you don't have payments? Money! #debt #creditscore #debtfree #moneytips

Dave Ramsey
Dave Ramsey
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Region: US
Monday 13 May 2024 13:49:24 GMT
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boarmffm
Jimbo Slice :
Dude financed a ford raptor. His fico score isn’t zero lol
2024-05-13 14:31:11
876
ashfill1
ashton fillery943 :
Dave Ramsey is so out of touch with today’s world. He still thinks it’s the 90’s.
2024-05-13 19:42:48
2011
mr.clean6307
Mr.Clean :
I’m ok with getting a mil a year without fixing my score
2024-05-13 13:55:58
1928
mrssmarts
MrsSmarts :
Actually my FICO score is why my financial planner was able to take out a $1M loan at 2.5% to invest it for better returns. We're using bank money to make money!
2024-05-13 14:16:51
92
bigtimetrucker313
Big Time :
Having a FICO score doesn’t automatically mean debt. I have a 790 currently with zero debt. All my stuff is paid off and has been for over a year. 👍
2024-05-14 03:52:34
21
colorsoftheocean
ColorsOfTheOcean :
My FICO score dropped 60 points when I paid off my student loans. 😒
2024-05-13 15:46:06
127
toddtsignman
ToddTsignman :
how do we buy a house with low fico score?
2024-05-13 20:34:33
24
pilotstephen
Stephen :
You do need to build your fico score what is this dude talkin about💀
2024-05-13 14:15:57
110
austin_a103
austin_a103 :
He just said himself he can’t get an apartment without a credit score Not all of us can buy the apartment complex. What should we all do?
2024-05-13 14:42:52
40
miketb_22
Mike TB455 :
But my FICO score affects autoloans, utility bills, appartment access. Regular people cant buy the complex but need a fico to rent a 1 bd 1ba
2024-05-13 14:44:16
507
soniay2022
Sonia :
I forgot to pay my CC and my score dropped by 100 pts! Am so annoyed. Am going to cancel the card.
2024-05-14 03:00:50
20
dreamxccd3v
asdf :
My score is over 830, and life is no different than 750. Only real debt is mortgage. I use a Sapphire Reserve for daily stuff (paid in full monthly.) There is no reward for super high scores.
2024-05-14 07:45:55
21
gman8888
G Mann :
unfortunately FICO is important for most everyone. it affects the ability to borrow money for a house. It impacts your insurance rates.
2024-05-13 15:04:11
16
rogueleader21872
RogueLeader2187 :
His point is to be debt free as much as possible. I agree. Take control of your financial situation and minimize the interest that can be avoided.
2024-05-13 17:30:46
20
sturkjrock9981
Jason Sturkie :
after I used that million to pay off all my bills my FICO would go up lol 🤣
2024-05-13 15:02:54
19
edwarddavison7
Edward Davison :
Dave’s such a taker
2024-05-14 01:21:23
23
justcuz129
Dangyr :
So my thing is if I get rid of my fico score how am I going to rent when I cannot yet afford a house? Sure it’s great to not need it but a lot of people do.
2024-05-14 02:21:32
20
lotustea09
Casey :
I wish you came to my university to speak when I was in school.
2024-05-13 15:52:01
21
justacasual02
JustACasual :
I use the banks money to buy businesses and make money 😂😂😂 what is this guy on about 😭😭😭
2024-05-13 15:34:18
17
survivalfarms3
SurvivalFarms :
You just explained exactly why you need a good fico score. And you can get a good score by charging what you buy and paying the bill off every month. And you can get $$ back and save more if smart
2024-05-14 02:45:43
48
thecatcrew
Dale :
Low or no interest offsets inflation, Dave. No need to use your capital to make purchases, use someone else’s.
2024-05-13 17:30:38
19
ninjafish206
Beau Summers875 :
we dont have money given to us or even a decent economy dave
2024-05-13 14:56:43
18
leocampbell91
Leo Campbell :
listened to Dave and I don't have a fico score to get an apartment and I can't buy the complex. I'm living in a tent I guess 😅
2024-05-14 04:28:29
27
guyfrombos
Dennis Bowley :
Ok Dr phill
2024-05-13 15:08:28
16
mannymuses
MannyThoughts :
Love Ramsey but you will need a FICO score. Borrow and pay it off.
2024-05-13 15:09:41
23
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