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July 15, 2024 - Fresh & Fit

01:46:48

How To Repair Your Credit And Boost Your Score

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Time	Text
	Thank you.
	And we are live.
	What's up, guys?
	Welcome to Freshman Podcast, regular edition.
	It's Money Monday.
	Guys, we're going to talk about how to fix your credit.
	You guys have been asking for this one for a minute.
	Let's get into it.
	it.
	Let's go.
	All right.
	And we are live.
	What's up, guys?
	Welcome to Fresh Your Podcast.
	It's Money Monday.
	Today, we're going to be talking about how to get your credit back on point, repair your credit.
	You guys have been asking for this one for a minute.
	We apologize.
	We've had a lot of guests on the show recently.
	We had ATM together.
	We had a pod on- Trucking with Jay.
	Trucking with Jay.
	Air traffic control.
	Air traffic control.
	DL Saint.
	DL Saint.
	And then we also had the one on leveraging credit cards as well.
	With Andrew and Bessie?
	Yeah, with Andrew and Bessie.
	So that one was really good too.
	So yeah, guys, we've just been giving you a lot of heat with the Money Monday stuff.
	I see that you guys are kind of getting the memo.
	We got way more of y'all watching on Rumble versus on YouTube.
	Shout out to all you guys on Rumble, man, because you guys already know what I'm going to say.
	Rumble is the home base, guys.
	If we ever get canceled, you know exactly where to find us.
	Rumble.com slash Fresh and Fit.
	As you guys know, censorship is real.
	Many episodes over the years about credit and how to get your credit on point.
	But today we're going to dissect and go into detail about credit repair itself and how to fix your credit.
	A1. Yeah.
	And then, what else?
	And then, oh yeah, castleclub.tv guys, we got around 7,100 of you guys in there strong.
	Let's go!
	So, shout out to you guys.
	Thank you so much.
	You know, it's awesome, man, like, to have the comedian there.
	Later tonight, we're going to be having a pod with Henkel, Zerka, and Sneeko.
	We're going to be breaking down the news.
	As you guys know, there's a bunch of stuff that broke, so please stay tuned for that.
	We're going to do that probably around 10 p.m.
	They're going to show up in studio.
	We're going to have that show.
	It's going to be a good time.
	Probably going to have to be on Rumble, to be honest with y'all, because a couple of the creators aren't necessarily on YouTube like that, so we're going to have to do it on Rumble.
	Also, speaking of Castle Club, Myron reacting to the Trump assassination is available right now, re-uploaded.
	There you go.
	So you guys, if you're on Castle Club, you can see it right now or after the show.
	Thank you, Mo.
	Yeah, guys, as you know, obviously some crazy stuff happened this weekend.
	There was an assassination attempt, which we're going to talk about in more detail when we got the bros here.
	But I did a whole breakdown on it, almost a six-hour stream.
	I gave you guys my professional experience on it.
	I've done Secret Service details in the past.
	I had to take it off YouTube because of certain things, so it's on Castle Club right now.
	Did I tell you that I had a weird encounter, that scene that he got shot at?
	This guy was like, yo, Trump got shot at.
	I was like, okay.
	Remind you, random dude.
	I'm walking with this chick.
	He's like, yo, come here.
	I'm like, nigga, who are you?
	The fuck?
	He got shot at.
	I'm like, maybe watch this podcast.
	I don't know, but that was kind of weird.
	It was so random.
	I don't know why he did that.
	Was this before or after?
	Like, right after.
	Oh, right after?
	He told you right away?
	So weird.
	Where the hell were you at?
	Brickle.
	That's walking my dog.
	That's fucking strange.
	It was weird.
	Anyhow.
	Well, yeah, so...
	Glad you're safe.
	Yeah, yeah, yeah, seriously.
	Literally missed him by millimeters, man.
	But yeah, and I did a whole breakdown on that, guys.
	It's on Cast Club right now.
	I had to take it off YouTube.
	It's just fucking technicality bullshit, guys.
	It is what it is.
	But yeah, we'll see what happens.
	But yeah, Castle Club, if you guys want to support, man.
	And then also on Castle Club and on Rumble, too.
	Mo has been working really hard.
	We have playlists organized now on there.
	So make sure to check us out on Castle Club and on Rumble.
	The podcasts are now organized.
	How do you have them organized, Mo?
	Can you tell them?
	And what you do, you have to go on Rumble, go on our channel, Fresh and Fit, and then you're going to see videos, you're going to see live, and then you're going to also see playlists.
	I have a bunch of playlists.
	I'm actually putting the videos in the playlist right now as we speak.
	I've been adding it since last night.
	I'm adding it right now.
	I'm going to be adding it after this.
	We got RP Womanizer Wednesday, Special Guest, After Hours, Money Monday, Call-In Show, Gaming Stream.
	Can we share a screen with them, maybe?
	Real quick.
	Special event.
	Can we show them on Rumble?
	Just give me a second after I do this.
	A fresh match, debates in politics, and FedReacts, high-profile cases.
	So just throughout the day, you're going to see more and more in these playlists.
	And what you should do as well, guys, if you are into credits, for example, videos, we did a bunch of them in the past.
	Go watch this as well.
	Just catch up on what's going on with credit and repair, and as well, Yeah, we try to do it every year.
	We do a travel one, we do a cashback one, we do a business credit card one, which we talked a lot about business credit cards when we had in Bessie here, actually.
	So definitely make sure to check those out.
	We try to do them once every year.
	And quick update, so Wednesday's show is going to be Pop the Balloon.
	So I can't wait for that, actually.
	It's going to be Hello Girls, a lot of guests too as well.
	We might even put Myron in there as well for one of the guest guys, so it should be pretty funny.
	Pop the Balloon.
	You ready, bro?
	And then here is our channel on Rumble.
	Go to the channel.
	You'll see playlists right there.
	You're seeing a bunch of them.
	Of course, you're going to see the videos.
	I'm literally adding more videos as we speak right now throughout the show.
	And I'm going to be keeping on uploading.
	So calling the shows Monday, Mondays, after hours.
	Boom.
	So yeah, guys, it's all there.
	Because I know on Rumble, it's really hard for you guys to find playlists and stuff like that.
	You will find them all there, man.
	And then Castle Club has everything, and we're organizing them on Castle Club as well.
	Yes.
	So that's our Rumble page, and just click playlists, and you can go to what you need to do.
	So we're getting on that and fixing it for you guys right now.
	Even the gaming streams as well, and the IRL. Okay, sweet, sweet, yeah.
	And a fresh match.
	Good.
	Nice, nice, nice.
	And then what else?
	Oh, yeah, guys, ffpod.org.
	Okay, go ahead and get into the Yacht Party, guys, as you guys know.
	We got a big yacht.
	It's going to be available starting July 28th, but we got the party set for August 10th.
	It's a brand new boat.
	We won't be able to see it until it's done.
	It's literally being made right now.
	It's a brand new boat, but it's huge.
	We're going to be able to see up to 350 people on it.
	It's going to be crazy.
	We're going to have somewhere between 100, 150 tickets for the guys, and then the rest are going to go to the girls, obviously, because we want to give you guys a good time.
	It's going to be open bar, free food, and we're going to be there.
	Maybe we'll have Sneak on some other influencers there as well.
	It's going to be a good time.
	And guys, guess what?
	The best part is the price point.
	Price point is only going to be $9.98, guys.
	You will never, ever find a fucking yacht for that price point in South Florida, ever.
	And if you do, you're going to have to get on a stupid boat with 13 people.
	You're going to have all these U.S. Coast Guard regulations on you, and you'll have to find your own girls here.
	We'll bring the girls to you.
	It's gonna be fucking lit.
	Open bar, etc.
	The fact that it's open bar in itself is already like crazy.
	I mean, some of you guys spend 2k on a bottle by yourself in the club.
	Spend that.
	Hang out with us.
	Girls, other creators.
	It's gonna be a fun time, man.
	General admission is 998, guys.
	And then the VIP is gonna be 3500.
	We got the bigger boat so that we can go ahead and give it to you guys at a more affordable price.
	We did a vote with the people and the people that Because we already had a bunch of tickets sold.
	But we're like, no, you know what?
	You guys want more people there?
	Cool.
	And we'll be able to bring more girls.
	So it's going to be great.
	Because last time we had our yacht party, we had to turn away around 100, 120 girls.
	Yes.
	At the dock.
	They were not happy, bro.
	Yeah, they were pissed.
	We overbooked.
	But hey, you guys know how it goes.
	We always overbook, right?
	That's how it goes.
	But yeah, that's going to be August 10th, guys.
	And we're going to IRL stream that as well.
	It's going to be a good time.
	From 9pm to 1am.
	9pm to 1am.
	See you guys there.
	Okay, today's topic.
	Alright, let's do it.
	Credit repair at its finest.
	So, as you guys know, credit is a cornerstone of success in America, so to speak, using debt to your advantage.
	And at the same time, without credit, guys, you can't get pretty much sometimes apartments, getting a good rate for loans, or even, for example, getting a job sometimes to look at all that stuff for your credit.
	Granted, though, let's say you made mistakes in the past, or you never had a score in general, you got to build that shit up from A1, which means you have to actually know what your score is.
	So some people are like, oh, well, what's your score?
	You don't know because you never checked it.
	So step one is going to be checking your score.
	Now, obviously, you can do it for free, but people pay for it.
	I don't know why, but we're going to cover how to do it for free with no cost at all.
	So you save $10 to $15 on your credit score.
	Go to creditcardkarma.com or any free credit service app.
	Go sign up for that account, log in, and then put your information in, and it'll tell you where your score is roughly between maybe 20 to 50 points off, if not much.
	But it's going to be close enough for you to understand where your score is by default.
	And it's pretty much free, creditcarmor.com.
	Yeah, and they're not paying us to tell you guys that, by the way, FYI. And that's step one, guys.
	You've got to kind of know where you are to identify a route for you, right?
	So you've got to figure out what your credit score is.
	And the thing is that some of you guys might have had a medical bill you didn't know about.
	Maybe a credit card payment you forgot about.
	Maybe you didn't pay a phone bill and you forgot about that.
	Or you are delinquent on some jewelry that you might have bought before where you opened up like a jewelry credit line.
	Or maybe you did something with a dentist where you opened up a...
	One of those care credits for your teeth and you forgot about it, right?
	And you got to identify where you are first.
	So running your credit, figuring out where you are, that's going to give you a good idea of what steps you need to take next.
	But in order for you to know where you're going, you need to know where you're starting.
	So that's very important.
	I remember I was at the mall one time with a friend and he had a Macy's credit card, right?
	And he was like, bro, I'm maxed out.
	I was like, what do you mean you're maxed out?
	He would literally go every weekend to buy clothes on his credit card.
	Stupid!
	And he'd pay off a little bit more money every month to kind of like just get money to have some balance there to buy some more clothes.
	I'm like, bro, what's wrong with you?
	And he did that for years, bro.
	I was like, but it happens, man.
	You're young.
	You waste money like that.
	You mess up your credit.
	Yeah.
	So definitely, guys, you want to go ahead and check and see where you are now.
	I know some of you guys are like, well, Myron, why do I need credit?
	Why don't I just pay for things with cash or just use my debit card?
	Well, number one, my friend, doing that...
	You stupid!
	And the reason why is because, guys, the United States of America is built on credit, man.
	That's what it is, okay?
	If I had the choice between a million dollars cash or...
	$100,000, but I had good credit.
	Million dollars cash for shitty credit or $100,000 with good credit, I would take the $100,000 in good credit all day over the $1 million cash only with shitty credit.
	Because the thing is, guys, in the United States, anything of real consequence, especially if we're talking about buying real estate, a hard asset, right?
	Which I told you guys the beauty of real estate many times.
	You're going to need good credit.
	And if you're buying houses cash, well...
	That's just a low IQ way to move.
	You shouldn't be buying houses cash unless certain circumstances, which I've talked about in real estate episodes.
	Feel free to check those out.
	Or if we have time, maybe I'll answer some questions.
	But the point I'm trying to make is that if you really want to get your shit together, if you really want to be that top guy, you want to have your money on point, you need to have good credit.
	Because having bad credit, guys, not only does it disqualify you from not being able to get a house, to get a car loan, to get credit cards, it also will disqualify you from jobs.
	A lot of jobs when you have responsibility or if they give you a company credit card, guess what they do?
	They run a credit check.
	If your credit sucks, guess what's going to happen?
	You're not going to get the fucking job.
	I know for a fact if you're going to get a job in law enforcement, if you're going to get a job for the government, especially if you have a clearance, one of the top things they do is run your credit.
	You're wondering, well, Myra, wait, hold on one sec, that doesn't make sense.
	The reason why, guys, is because if you're going to have a government clearance, a secret, confidential, top secret, SCI, whatever it may be, You can't have debt because when you have debt, guess what happens?
	You're more susceptible to being corrupted by a foreign power.
	Bribery.
	Bribery, etc.
	I can't tell you how many times I've seen cases where the FBI is out arresting someone that was selling American secrets because they had some fucking credit card debt, okay?
	Shit is real, guys, right?
	Having financial problems can absolutely ruin your life.
	And having bad credit can absolutely ruin your life.
	It affects a lot of things for you.
	Being able to get home loans, getting good interest rates, car loans.
	You want to get a boat in the future.
	All this stuff is going to fuck you up.
	And then also, it hurts your ability to find jobs.
	So guys, this is something that you need to fix.
	Immediately.
	If you're watching this podcast right now, 17, 18 years old, et cetera, great.
	Start getting your credit on point.
	Because as an adult, it's gonna be a lifelong thing that you're going to need, okay?
	The dumbest thing you can ever do is buy things with cash or debit.
	Why do I say that?
	Well, the reason why it's stupid, guys, is because you don't get a benefit for using your debit card or buying things in cash.
	But when you use a credit card, you do get benefit.
	You're able to go ahead and get your credit score up.
	It shows trustworthiness.
	You get more time to pay it off.
	And then most importantly, All these credit cards, guys, want your business.
	And you know how they incentivize you to join them and get their business?
	They do it by you getting points, getting cash back, getting flyer miles, getting certain benefits, rewards.
	This is the beauty of using credit cards.
	The way you do it is this.
	Use a credit card, pay it off at the end of the month, don't give them no goddamn interest, swipe it like it's a debit card or using cash, and then you pay it off, no interest, and then what ends up happening is you get all these rewards for free if you do it correctly.
	That's not how credit cards want you to do it, but if you're smart, that's how you use credit cards.
	And at the same time, you're increasing your credit score.
	You're showing your trustworthiness.
	You have more open lines of credit, which means you're a better borrower, which means you can get better and better terms on loans.
	You want to go and get a house, especially in today's market where interest rates are fucking sky high?
	Guess what?
	You'll be able to negotiate for a better interest rate On your first home when you have good credit, guys.
	When you got crappy credit, you're going to be getting a fucking 11-12% interest rate loan for 30 years fixed.
	That's terrible.
	Because that's thousands upon thousands upon thousands of dollars you're throwing away out the fucking window for no reason.
	Why?
	Because you decided to max out your Macy's credit card like an idiot because you wanted to buy some clothes and look fresh for the club on Saturdays.
	Absolutely moronic behavior.
	Okay guys?
	So, if you don't get this fixed, right, it's not enough to just have money.
	Because I know guys, by the way guys, that have money, But they have shitty credit because they made really bad financial decisions in the past, and they still don't get certain opportunities presented to them because they don't have good credit, man.
	So this is priority number one as a man, guys.
	You need to have your credit on points.
	You're not a cute girl that can go get a sugar daddy and go ahead and get your bills paid for, or you can have someone co-sign your shit.
	You're a fucking man.
	Ain't nobody coming to help you.
	You gotta help yourself, and one of the biggest ways for you to help yourself is to have your finances in check, and to have your finances in check, the cornerstone of that is your credit score.
	Okay, I've yelled at you guys many times in here about using cash or a debit card like a fucking broke peasant.
	We don't do that over here.
	If I ever see someone that watches Fresher Fit use a fucking debit card, I'm gonna smack you.
	Because you're throwing money outside the fucking window.
	You might as well just take your cash and throw it out the fucking window.
	Stupidity!
	Absolute stupidity.
	That's what brokies and idiots that aren't financially literate do.
	Buy shit with cash or a debit card.
	You're an idiot.
	You're an absolute fucking idiot.
	If you're right now, some of you guys watching this show, open up your wallet.
	If you pay for things using your fucking Bank of America credit card or your Wells Fargo or whatever the fuck, debit card, excuse me, you're a fucking moron.
	You need to slap yourself right now, okay, on some Home Alone type shit.
	And realize that you're a fucking dummy.
	Put on a stupid hat and realize that you are fucking dumb.
	You need to be using credit cards, guys.
	Now, again, step one.
	Figure out what your credit score is.
	Step two.
	Once you figure out what it is, then we can go ahead and move forward.
	But let's assume that your credit score sucks.
	You get like a 500 or 600.
	Well, today's episode is for you, my friends.
	But I needed to explain the importance and give you guys the baseline of why you need to take this shit seriously, guys.
	Especially in America, Canada, United Kingdom, etc.
	Credit is extremely important, man.
	Very colorful language.
	Well said.
	Okay.
	Listen, guys, real quick, one more tip as well.
	Let's say you want to get your free score.
	You can get a one-yearly report from ficoactually.com.
	They give you one report for free if you actually credit score.
	That's actually a pretty good jumpstart as well.
	And if you're using a bank like Chase or Wells Fargo, they give you an update on your credit score as well.
	You can sign up for that service for free, of course, in your account.
	So it's pretty good to get that number so you know what it is.
	We covered about the credit score.
	Once you know what it is, what you can do.
	So there's four categories you can cover to fix your credit.
	There's going to be four we're going to cover today.
	Then one's going to be actually late payments.
	Now a lot of you here have done some stuff in the past which is almost like sad, but also maybe you didn't know.
	You bought some stuff online or maybe you bought some stuff in person.
	You never paid it off.
	It could be medical bills.
	It could be, for example, stuff in the store.
	Or I have a friend that actually bought a car and I gave it to another friend that bought the car from him, but never took his name off the car.
	So what happened was, the guy gave him the car, he's making the payments, he stopped making the payments, and he didn't discredit, he didn't even know.
	This is why it's important to also monitor your credit score at all times.
	So we're gonna cover right now late payments, and look, it's simple.
	Make payments on time.
	Like I said earlier, with a credit card.
	Pay every single month.
	If you don't, you're going to be late on your payments and it's going to pay your credit score.
	And actually, it lasts up to seven years.
	I didn't even know that.
	So, late payment lasts up to seven years on your credit history.
	And guys, it's just very simple.
	If you're going to buy something, make sure you can afford it with your money.
	Offer it.
	We don't buy what we can't afford.
	People go buy travel destination tickets.
	They go buy lavish excursions.
	And they don't have the money in their account.
	And it's like, wait, hold on.
	Using credit for money you don't have?
	That's an L. So be smart about making money.
	Sorry, how you spend your money as well.
	But the main thing is your late payments.
	And for most people here on the chat, if you want to make money and be successful, have a credit score, keep in mind, make payments on time, every single time.
	And I've been in America for almost 10 years now.
	I've not missed one payment ever in my life.
	And it's because, guess what, guys?
	I know if I make one mistake with a late payment...
	It must have been my credit score.
	So for you guys that made those mistakes in the past, understandable.
	But moving forward, don't make any more late payments once you know your score.
	So, the most important factor, there's multiple factors, guys, when it comes to your credit score, right?
	And the number one factor is on-time payments, okay?
	I know some of you guys might not have your money on point like that, et cetera, but at least make the minimum payments.
	Pay something so that you're not late, because late payments by far is going to affect your credit score the heaviest.
	The two main ones are on-time payments and credit card utilization.
	We'll talk about that next.
	But on-time payments, guys, is super fucking critical.
	I don't care if, you know, it's the last, like, 20 bucks to your name or whatever, just make that fucking payment, the minimum payment, and then just work more hours and figure out a way to make more money.
	But you need to go ahead and make sure that you always make these payments on time because that's gonna affect your credit score the most.
	If you have a bunch of late payments, That's what's gonna knock you down 50 to 100 points on your credit score.
	That'll be the difference between you getting the loan and not getting the loan.
	It's on-time payments.
	Just so you guys know.
	You can literally lose a home, right?
	Let's say you're under contract for a house, you lock in the deal, you're under contract, etc.
	You go to the bank, you get the loan, etc.
	And then something happens, they run your credit, and they're like, oh, sorry.
	We can't guarantee the loan anymore.
	Boom.
	Deal fails because your credit score fucking sucks.
	Now you can't go ahead and do that real estate deal.
	Maybe it was a home that you were going to live in.
	Maybe it was a real estate investment property.
	Now you can't get it because you decided to not make a payment on time for your credit card.
	It happens, man.
	And guys, life happens to us at all times as well.
	We don't know what's going to happen the next day.
	We live daily.
	So if you're worried about not making that payment, you can do auto payments on your actual credit.
	So for example, you can set up auto payments on your actual credits that you have.
	So it pays them every month automatically from your account.
	Because you might forget, hey, you know what?
	I just built a pay.
	I forgot about it.
	Understandable.
	But there's no excuse because there's auto pay you can use to get that as well.
	Matter of fact, here, I'll give them a story.
	So guys, like about, so, okay.
	For a lot of you guys, I kind of explained this in Cow's Club, but I'm not going to go into all the details.
	You guys got the real sauce in Cow's Club of how I run my real estate properties.
	But basically...
	I have a bunch of LLCs, right, for each property that I have.
	And what I do is I pay each mortgage for each of my properties through that LLC. And I had just set this up, so obviously I set them all up on auto-pay, right?
	But for some odd reason, when I put the bank information, routing numbers, all this bullshit, some of them didn't properly take the money out, right?
	So, you know, I'm doing the podcast, I'm doing other shit, whatever.
	I forget!
	Thankfully, Angie helped me with this.
	Some of them didn't get paid and ended up being late.
	I was like, oh shit!
	And at the time, I was under contract for a house.
	To buy a house, I was under contract.
	So, literally, me being late on auto-pay, like basically a clerical error for a number not getting put in correctly, That could have jammed me up.
	Luckily, my lender, the guys that I work with, I have a relationship with them.
	And I've been working with them for a while, so they were able to go ahead and contact these companies that were servicing the loan and say, hey, don't fucking put this on his credit report because it's a clerical error.
	Because I had just done a transition where I was moving.
	I opened like 20 bank accounts in one day.
	So you guys know, it's fucking annoying shit.
	Open up all these bank accounts, put in each routing number and each account number for each one.
	Some ones deduct properly, some don't, etc.
	You guys know how it goes when you enroll in auto pay for the first time, especially when you're using banks.
	It gets really annoying.
	But either way, so some of them didn't properly take the money out and I was late.
	And I was under contract for another house.
	Guys, one of the worst things you could do is be under contract for a house and get another loan or be late on payments.
	Because that stuff gets immediately reported on your credit report because they're running your credit multiple times while you're in the process of buying a house.
	They run it typically in the beginning and sometimes depending on the lender and all this other shit, they might run it again before you close.
	So this came up.
	So this came up.
	And luckily, my lender was a...
	I worked with him before.
	He called these other companies and said, yo, you guys need to fucking take...
	You guys better not write anything late on his thing because we're in the middle of a deal right now and he's always paid you guys.
	He has the money.
	It's just that fucking...
	It was just a clerk error.
	And they're like, okay, it's cool.
	They waived it, right?
	But again, why did they waive it?
	Why did they make that accommodation for me?
	Well, number one, I had a relationship with my lender.
	Number two, I got a good credit score.
	Number three, I've never been late before.
	And then number four, I obviously opened up all these new accounts and it just happens, right?
	The fucking auto pay doesn't work.
	One website's being stupid.
	These mortgage websites are a pain in ass.
	They're all using like the same goddamn server, so I figured it out.
	But either way, the point I'm trying to make is, that could have fucked me up, guys.
	That could have fucked up my deal, and then on top of that, it would have got reported on my credit report, and it would have hurt my ability to get loans in the future.
	That's how important this shit is.
	One mistake.
	Your ability to acquire assets to create wealth for yourself is affected by a fucking number tied to your ability to pay bills.
	Do you understand that?
	I want you guys to really understand this.
	Your ability to procure assets that will build you wealth, and if you do it right, generational wealth, so that you get income coming in, is contingent upon your financial responsibility of paying fucking bills on time.
	That is how important on-time payments are.
	I really need to fucking stress this.
	Right now, some of you motherfuckers are sitting with a letter right now on your kitchen cabinet or on your desk saying delinquent or past due or whatever.
	Get rid of that shit now.
	It's going to ruin your life.
	I don't care if you gotta stop going out.
	I don't care if you gotta stop going on dates.
	I don't care if you gotta fucking stop eating Chipotle every day like you want.
	You need to pay those bills.
	Okay?
	If it could fuck me up as a multi-millionaire with a bunch of fucking assets to my name, I control damn near 11, 12 million dollars of real estate, guys, and they almost fucked my shit up.
	What the fuck do you think is gonna happen to you?
	Get your shit together.
	Pay your fucking bills.
	Because I promise you, you're not paying that Macy card off today, or you're not paying that Visa card tomorrow, or whatever it may be.
	It's going to come back and bite you in the ass, and it's going to bite you in the ass when you're trying to do something significant in your life.
	Could you fucking imagine?
	You got a girlfriend, you got a wife, you're about to build a family, you're trying to fucking buy a house, and then for some odd reason your dumbass forgot to pay a fucking bill when you went ahead and got your braces, or you went to a dinner emergency room visit, and then it comes back on your credit score.
	I'm sorry, can't give you the loan.
	You put your earnest deposit down, etc., and you can't get this fucking house?
	Could you imagine?
	Or your fucking dream car, you finally get it, oh my god, I'm gonna get this car, oh shit, they run your credit, sorry.
	They don't qualify.
	Happens every day.
	Guys, if that could happen to me and it could fuck me up like that, thank god I had a good lender.
	He made the phone calls for me.
	I've done business with him before.
	Obviously my credit score is fantastic.
	So it was an issue.
	They didn't report it.
	But guys, this could fuck you up.
	If it could fuck me up like that, it's gonna definitely fuck you guys up.
	Alright?
	And I'm not saying that to brag or whatever, but I'm just letting you know, no one is immune From making payments late.
	You need to take this shit seriously, guys.
	Please.
	I don't want y'all fucking having fucked up credit because it's going to fuck up everything else in your life, man.
	I'm telling y'all, the United States is built upon credit.
	That's how it goes.
	That is literally your financial trustworthy score is what it comes down to.
	That's what banks look at.
	Are you someone that we want to lend money to?
	If the answer is no, you're going to have a tough life, my friend.
	A really fucking tough life.
	Try building fucking wealth, buying everything in cash.
	No one does that!
	No one does that!
	Grant Cardone is damn near a fucking billionaire.
	You guys think he's using his fucking cash to acquire these assets?
	Robert Kiyosaki, you think these guys are using their own cash?
	Ken McElroy?
	These guys all control billions of dollars in real estate.
	You guys think any of these motherfuckers over here are shelling out their own cash to buy houses?
	Fuck no!
	They're using the banks!
	Okay?
	They're using the goddamn banks.
	They're using leverage.
	That's how you become rich in America, guys.
	Alright?
	Look, I know some of you are like, well I'll just buy crypto.
	Cool, buy some crypto.
	But it's a volatile market.
	Is it going to pay you dividends all the time?
	If it goes down, what are you going to do?
	People were jumping off fucking balconies here in Miami because Ethereum went down, I remember.
	Last year, vividly.
	I heard a couple of stories in the news.
	Guys jumping off balconies here in Miami because Ethereum went down to like a thousand bucks.
	Guys, We always tell you, be diversified, right?
	But anything that you want to buy of real consequence, house, car, boat, whatever the fuck you want to buy, right?
	They're going to run your credit, man.
	You can't run away from it.
	They're going to run your credit.
	You want to get an apartment?
	They're going to run your credit.
	You want to get an apartment in a good area that's safe?
	You best believe they're going to run your fucking credit.
	Every time, any building that's worth its fucking weight, that has any type of credibility is going to run your credit.
	Just after your point as well, it goes even deeper with the car insurance.
	I got a friend that bought a Range Rover back in the day.
	We were working at AT&T. And from getting insurance, he had to pull his credit.
	Well, guess what?
	His credit was terrible.
	It was like $390, something like that.
	$390?
	He couldn't get it.
	So, what he had to do was put it under his sister's name for insurance.
	The hell?
	Did that nigga, like, just die for a year or two and come back?
	Like, 390.
	This nigga got...
	There's dudes that are dead that got better credit scores.
	So, get this right.
	Homie had an accident on a motorcycle, was out of work for a little bit, and he got a check from, you know, the issue whenever you get hurt, whatever, you get a check for medical, whatever.
	Yeah.
	Used that money, bought a car, cash, which is not smart at all.
	Then, wants insurance, credit shot.
	Can I get insurance at all?
	It happens, bro.
	And that's car insurance.
	I didn't even know that it'll fuck you up with car insurance, too.
	100%.
	So credit affects all areas of life.
	And look, guys, listen, I get it.
	I didn't know that.
	The system itself, you don't have to like it.
	Damn.
	But go use it to your advantage, man.
	Once you know the truth, you know the system works, play smart about it.
	Let's say you get the car by the skin of your teeth.
	Yeah.
	And now you can't insure it?
	Bro.
	Bro.
	This is why a lot of people drive in Florida without insurance.
	That's why too.
	They can't have it.
	Back credit.
	You know what?
	Another thing too?
	Yeah.
	That makes sense now.
	Dude, no one is on their own insurance ever.
	They're always on other people's shit.
	But now it makes sense.
	Family, friends, sister, lovers.
	Bro, could you imagine you literally buy a car cash and you think, yes, I got it.
	I beat the system.
	And then you go ahead and you try to get insurance and they're like, nah, bro, sorry.
	Gagano got you today, boy.
	Yeah, I just remember, like, all the friends I had back in the day when I first came to Florida, they were so bad in debt, bro.
	It was tough.
	Progressive?
	Oh, yeah, yeah.
	State Farm?
	You better progress your way out this office, nigga.
	We ain't giving you insurance.
	Get the fuck up out of here, man.
	Nope.
	And then just to add as well to another story here.
	So I was going to Wynwood for a party after one of the events I had with my workplace.
	I was on my motorcycle.
	I had the red light.
	It's red.
	Light turns green.
	I'm moving forward.
	A lady comes from the opposite side.
	T-junction, right?
	Comes from the opposite side.
	Drunk with her friends.
	Just runs the light.
	Hits me head on.
	Boom.
	I fly this way.
	My bike goes that way.
	I could have died right there and there, right?
	I was just like, yo, is this it for me?
	I wake up, like, maybe 20 minutes later, looking up at the stars, I'm like, damn.
	I'm still here.
	It was 20 minutes, you timed it?
	Like, I mean, did you look at your watch or whatever?
	I didn't time it, but, like, roughly, that was what it was.
	He said I was up for, like, 20 minutes, the guy that was in the ambulance.
	So they picked me up, put me in the ambulance, and I was up for, like, a little bit, man.
	You woke up in the ambulance?
	No, I woke up outside the ambulance, and they were there, like, talking to me, oh, yo, you okay?
	They called the ambulance, and then they came.
	Okay, okay.
	So you wake up and there's a paramedic over you.
	Yeah, 100%.
	Okay.
	So then we're going to the hospital, but mind you, I'm like frazzled.
	I don't know what's going on.
	I'm just like, oh yeah, shit, I'm here.
	You know?
	Long story short, I had my bills on autopay.
	So back then, bro, I wasn't making that much money anyway, but having my bills on autopay, on my credit as well, even though I was out of it for like two weeks, everything was paid because it was on autopay.
	Yeah.
	So life just happens to you guys.
	No matter who you are, you could have an accident.
	Doing a transition like I was where you're moving all your shit over to a new bank account to pay stuff.
	A health issue, something in the hospital, you can't be mentally there.
	Guys, you need to do auto pay.
	Have to.
	So that way you don't have any late payments at all.
	No excuse, guys.
	Yeah, guys.
	Auto pay is literally like godsend, bro.
	Because like, yeah.
	All my shit now, like I checked last month, everything is good.
	I don't got to worry about that shit ever again because I put them all to the proper bank account.
	But yeah, guys, on-time payments, you got to do it, man.
	You got to do it.
	And late payments are 35% of your credit.
	There you go.
	That's huge, by the way.
	That's significant.
	That's number one, late payments.
	Yeah, late payments is number one.
	Quick word from our sponsor real fast, guys.
	Because he's got to pay their bills and shit, you know what I'm saying?
	So it is what it is, so he can make these on-time payments.
	What do we got here?
	Shout out to Rumble, man.
	Shout out to Rumble.
	Castle Club as well.
	All right, we're going to talk about 1775 Coffee.
	All right.
	So, all right, guys, it's time to say goodbye to Starbucks and say hello to Rumble 1775 Coffee.
	Unlike other brands, this is coffee that backs free speech.
	This is unapologetic about it.
	Visit 1775coffee.com.
	Use the promo code STUDIO40.
	All right?
	To get 40% off on any coffee subscription.
	The coffee comes in medium dark roasts.
	So you can get it as medium as me or as dark as fresh.
	Pause.
	It also comes in Peaberry, which is similar to a can of coffee.
	In other words, this stuff is premium.
	All right?
	Click the link in the live chat or the description.
	You can also go directly to 1775coffee.com and use the promo code STUDIO40 to get 40% off today.
	And as you guys know, we had Chris on, and we talked about this, building a parallel economy in this world.
	Because as you guys know, when you make certain types of content, advertisers don't necessarily want to advertise with you.
	And advertisers are the ones that control social media and control these platforms so we're giving them a nice middle finger back saying we don't fucking need you guys so So go ahead and support 1775 Coffee Guys.
	It supports Rumble.
	It supports free speech.
	It supports creators like us that aren't necessarily advertiser friendly because if we want to go ahead and make the content that we're making where I'm swearing at you guys for paying your goddamn bills, right?
	MasterCard isn't necessarily going to sponsor that.
	That's why we have to give these niggas credit card lists of free advertising because they'll never sponsor niggas like us.
	But hey, it is what it is.
	We're going to tell you guys the sauce regardless of us being paid or not.
	But yeah, I've just come to realize, bro, if you've got big deals and stuff like that, you're sponsored by Nike or whatever, you've got to become a bot.
	You've got to become an NPC. And we're just not willing to do that, man.
	So it is what it is, man.
	We're going to keep it real with you.
	I'm going to swear to you guys and tell you to stop being brokeies all day.
	And whatever.
	Fuck it.
	But to be fair, some of you need that hard, tough love because if you're soft or nice about it, you won't do anything, so it works.
	I'd rather hurt your feelings here than you get your feelings hurt at the fucking closing office when they tell you, oh, sorry, bro, he can't give you this house, man.
	One last thing, though.
	This coffee, man, is life-changing.
	You guys saw that stream I did last time with the coffee?
	Yeah, yeah, yeah.
	Fresh was the star.
	He actually said some funny shit.
	I was wired, bro.
	This shit was lit.
	If you make a lot of bad jokes, man, this might be the coffee for you, bro.
	Fresh actually said some shit.
	I was like, okay.
	Hey, man.
	Some dark humor.
	Yeah, some...
	Bro.
	Don't do it.
	Come on, man.
	You know I have to do it, man.
	Nah, bro.
	Don't do it, man.
	Dude, you really said dark humor, bro?
	Come on.
	I'm dark.
	Dark coffee.
	Anyway.
	So, anyway.
	What's the next one?
	Okay.
	So, number two.
	The cover is well.
	Not enough credit.
	So, I didn't understand how credit works in America.
	I just thought you get a credit card, get bills on time, I'm out of 850 credit score, off the rip.
	And then I was like, no, that's not how this shit works.
	So, I got a book called Your Credit Score by Liz Weston.
	Very good book for credit.
	I recommend you read it as well.
	Your Credit by Liz Weston?
	Yes.
	Okay.
	And we're not getting paid to tell you that either.
	Well, from A to Z, how about your score from 0 to 850?
	100%.
	Now, you need to have history, of course, which is why they have the history as one of the main cursors of credit, but also you need as well to have multiple credit lines open so they can see you're a good borrower and you can also pay back on time as well with no late payments.
	That's going to be paramount to your successful credit.
	Now granted though, during this period of time, with the length of history as well, you need multiple accounts.
	So what I did was I said, okay, cool.
	I have a credit card now.
	I'm working a job.
	I can pay it off each and every month.
	I pay my gas, pay my groceries, I pay my food bills, all my other incidentals.
	I pay as well with my credit card.
	Cool.
	I'm getting points so I can travel as well back to Barbados family and I'm getting my credit score up as well.
	Now, what else do I need to build my credit score?
	I got a car.
	I got to pay the car off cash.
	A Toyota Corolla, 1992.
	I know.
	It was a really old car.
	But it got me from A to B. And the car was worth like $4K at the buyer-payer.
	I put like $2K down and $2K finance to build my credit score.
	So I did that, the credit card, and...
	My phone, I bought with credit as well.
	So I got to pay the phone off as well.
	But I said, you know, I'll put 10% down on the phone, pay it off over time.
	So I'm building up different lines of credit that I'm paying back slowly but surely.
	And each one I can pay off fully, I just want to bill credit during this period of time.
	Now granted, the longer I kept these lines open, I was paying them back.
	The higher my score went.
	So you might have just one credit line open, which is your credit card, which is cool, but you need multiple.
	So this means definitely guys to get your credit score up.
	And preferably in different asset classes.
	Yes.
	So you want, you know, a home one is going to be great.
	Obviously your credit card ones, you want different lines of different types of credit.
	Sorry.
	No, no.
	But typically speaking, though, you start with a car, credit card, phone.
	That should be enough to get your boost off the ground running.
	And as well, guys, when you pay them off, you could guarantee your score is going all the way up.
	Because you pay off a huge, or I want to say you paid off one or two credit lines off your credit history, which is huge.
	Yeah, so this kind of ties into what we talked about utilization.
	So what is utilization, guys?
	Utilization is the amount of credit that's available to you that you're using, okay?
	So the two most important things when it comes to credit by far are on-time payments and utilization.
	So for example, let's say you get your first credit card and they give you $1,000.
	Well, your first goal when you get that credit card for $1,000 is to number one, use it, and then number two, if you max it out, that you pay it off immediately.
	Why do I say that?
	Because once you get over 30% utilization, guys, you start to become what's called risky to the credit card companies.
	And then once you go over 50%, that's when your card might start declining.
	They start sending you messages like, is this fraud, blah, blah, blah, because you start to become a higher risk spender at that point.
	And the chances of default are high.
	So credit card companies, guys, they got actuaries, they got all these fucking really smart people out there that have algorithmic, mathematic equations that they use for how common or the likelihood of someone not paying their debt off.
	Because their goal is obviously to lend money, but to get that money back on interest.
	So if they don't think that you're going to pay them back, they'll shut the card off, they'll obviously reduce your credit card limit.
	Etc., all this shit.
	They'll turn it off, whatever the hell, right?
	So with utilization, guys, your number one goal is when you get your first credit line open, try to get as much available credit as you can, right?
	Because you don't want that utilization percentage to be high.
	So let's say you go ahead and you get that first credit card for $1,000, right?
	And you go and you go buy, I don't know, something for yourself.
	You go buy something for your business.
	You buy a new computer.
	It costs you $700.
	Well, now you're at 70% utilization.
	But if you had opened a couple of credit cards, let's say you open up another credit card for $1,000, another credit card for $2,000, etc.
	Let's say you got a credit line of $5,000 combined between all those cards.
	Well, that $700 that you spent, that's a way smaller percentage now over your overall credit, and it's not going to ding your credit scores badly.
	Because once you go over 30%, that's when you're going to start to see some actual...
	Decent dings into your credit score.
	So what I always suggest is try to stay under 30% utilization.
	If you're really god-mowed, you're going to be under 10% utilization.
	That under 10% tip won't touch your credit score pretty much.
	That's where I like to be.
	But if you can, just try to keep it under 30.
	And then whatever you do, guys, please don't go over 50.
	Because once you go over 50, that's when you really are going to deal with some substantial credit score dings.
	And then the way to avoid that, like I said before, is obviously keep it low and Make more available credit to yourself.
	There's a couple ways to do this.
	You can call your credit card company right now, guys, by the way, and say, hey, or you don't even got to call them.
	You could do it on the app a lot of times.
	Another pro tip for you guys.
	When you do get your credit card, guess what you don't have to do anymore?
	You don't need to fucking check credit card money these guys.
	When you get your first credit card, guys, Capital One, American Express, Chase, Wells Fargo, like a lot of these credit card companies, you know what they'll do for free?
	They'll let you track your credit score in the app.
	You literally just go in there, click, it'll give you either your FICA score or your...
	I think it's Experian, I think.
	And then, well, there's FICO and then you got the Experian, TransUnion, the three main ones, right?
	Experian, Equifax, and TransUnion, right?
	And then you got the FICO one.
	They're basically the same shit, bro.
	I don't want to confuse y'all.
	They're two different ways.
	It's the same shit.
	It's really all the same.
	Like, they might be 5 to 10, between 5 to 20 points different Yeah.
	But it doesn't matter.
	It's not far off.
	It's not that far off.
	They're pretty much damn near the same thing.
	But the point I'm trying to make is that you'll get access to it through the app.
	And then the app will tell you what your credit score is, so you don't got to keep going and paying for these services that tell you, oh, we'll tell you your credit score like a credit card.
	You just use that to get your foot in the door for free, see where you are, and then get your first credit card.
	You get that first credit card, get the app that comes along with that credit card, and then monitor your credit from there.
	You don't got to pay again.
	It's 99% of the time it's going to be free.
	And then, like I said before, You want to keep that utilization low, and you want to try to get as much available credit to you.
	Now, going back to the app again, you can increase your limit, guys, a lot of times on the app.
	So let's say you have the card for a couple months, you're making your payments on time, you're keeping your balances low, etc., or you make some more money, go ahead and request an increase on the limit.
	That will be good for you because what ended up happening is, let's say you only got $1,000 on there's a limit, say, fuck it, let me try to bring it up to $2,000.
	If they bring it up to $2,000, well, now that's $700, it went from 70% utilization down to 35% utilization, right?
	And now you're under that 50% score.
	Or you could get it to $3,000, it goes even further down from there.
	But you guys see what I'm doing here.
	The more available credit you have, the more you can spend where you're trying to stay below that magical number of 30% utilization.
	Does that make sense, chat?
	Give me ones in the chat if that makes sense, guys.
	I know for us this is like common sense stuff, but I know for a lot of you guys you might be like, what the fuck are these guys talking about?
	If you're not familiar with credit, this might be like another language for y'all.
	It makes a lot of sense.
	Give me ones if it makes sense, give me twos if it doesn't, and then if it doesn't, tell me specifically why it doesn't make sense.
	But what else?
	Did I miss anything there?
	No, there's a hack you can do as well to kind of beat the system.
	This is very important because if you do this correctly, you can run up your credit card, pay it off at the right time, and it won't report to your credit history in a negative way.
	So if you know your statement date, whatever it's Chase, Wells Fargo, whatever company you use, right?
	It's a statement date that they report to the actual history as well.
	If you know that actual statement date, guys, you can pay before that date comes up, pay it off, and what you do is, you do this enough times, guys, and they're going to say, okay, his history, he's paying off this high amount each and every single time, close to the actual, you know, max number.
	So let's say you're making like maybe 60% of your credit card, you know, Capacity, right?
	And they're seeing it over a period of time.
	You're paying off before the statement date because you can call them and say, listen, I'm using this card a lot.
	I'm actually close to the limit.
	I want to expand this currently to make a bigger payment amount on my credit card.
	How can we do this?
	And they're going to say, okay, let's look at your history.
	You're paying maybe 60% of this off each and every single time.
	You know what?
	We'll give you this boost because they can see the history of you paying it consistently over a period of time before the statement date.
	Do the app first, and then if you don't get it on the app or if you want more, call them.
	Yeah.
	That's a good point.
	That's a good point.
	So if you can do that guys, beat the system a little bit, that's a good hack there.
	Once again, make sure you know your statement date.
	Maybe call them and say, hey, when do you report to the actual bureaus?
	Once you figure that out, pay it before that date, whether it's 70%, 80%.
	Don't go to 90%.
	That's kind of too high.
	Maybe 60% to 70%, anywhere around there.
	Then call them for an increase.
	They'll be like, you know what?
	We can see the history here.
	He's paying off on time.
	We'll give it to you.
	And you could have within three to six months of using your credit card.
	Yeah.
	Yeah, build up a little bit of history.
	But yeah, you can do it in the app or you can call them if you want.
	Or if they deny you on the app, call them.
	And you know what's crazy?
	In school, they didn't teach you none of their shit, bro.
	Hell no.
	I feel like this is almost like common sense, but it's not because people don't get taught us in school.
	You want to know how I know?
	We learn the hard way.
	I look at how people pay when I'm at the store.
	They almost always pay with debit cards or cash.
	And I'm like, fucking brokey.
	Stupid.
	I mean, even me, like, I was kind of, like, doing both.
	But then I met you, it was like, yo, bro, 100% credit card, man.
	And, hey, we've traveled to Vegas for free with credit cards.
	We did a lot of traveling to Romania, too, credit cards.
	So, like, it's a W, man, all over.
	All right, and the last two here.
	Concert Collection.
	So, this is typical of people having credit, making payments on things.
	Oh, say to them, we got something for you guys, by the way, that when you got really bad credit and you guys...
	We got something special for you guys that we're going to share.
	Some sauce.
	Yeah.
	That people pay for, by the way.
	We're going to give it to you all for free.
	So, typically, people spend money on credit, they forget about it, and they leave it.
	Now, sometimes things happen to you, like I said before, medical issues, you get in an accident, you got to pay the fire ambulance bill, whatever, and it's like, they didn't...
	Send it to you.
	Maybe your old address.
	Maybe you didn't get the mail.
	Whatever happens, guys, you didn't see that payment or you missed it by chance.
	And there's a collection now on your credit moving forward.
	This means you might go for a loan, like Marvin said earlier, and then they say, oh, listen, buddy, you have a collection here.
	Sorry, you're declined.
	And you won't know until you go because you didn't check your credit score.
	So, guys, what I used to do, man, this is going to be so paranoid.
	I would check my credit score every single day.
	Call it Paranoia, call it what you want.
	I just knew how important credit was to my actual success and as well my journey.
	And for me, it was like, you know what?
	I'd rather know what it is daily than forget about it and then lose or drop off, right?
	I was like a maniac for credit.
	Once I can see what it is, I can fix it because people often, more often than not, live their life, they have credit, and they don't check it at all.
	So things go by a couple months, years, and it does affect you negatively.
	This is why it's important to know your credit score from the very beginning and know all your accounts under each, you know...
	Where you owe money at.
	Yeah.
	Because then you can start reaching out to these companies, assuming it didn't already go to, if it's already a collections, but you can kind of have a footprint of, okay, these are the people I need to contact, these are the people I owe money.
	Now, if you don't pay on time, and time has passed, companies will buy your actual debt, and then they'll try to get it from you.
	Collection companies.
	Yeah.
	You want to cover that?
	Yeah.
	I mean, well, the thing here, guys, if you got a bill that's in collections, you're fucked.
	Because that's how you get into the...
	Okay.
	Whenever I see someone and their credit scores in the 500, 400, etc., A lot of the time it's because your debt has now went over to a collection agency.
	And when a collection agency has it, these are the guys that call you and hound you, right?
	Because what they'll do is they'll buy that debt from the credit card company or whoever you owe money to.
	They'll buy it really reduced and then they'll go to you and they'll try to collect money on that, right?
	So you can use this to your advantage.
	Let's say you owe a thousand bucks and the collection company keeps hounding you for this fucking money.
	Well, what you could do is be like, look, I only got 800.
	Mm-hmm.
	I'll pay you guys $800 and can we wipe this?
	A lot of times they'll do that because they just want to recoup something.
	You can bargain with them.
	That's the benefit of knowing the power you have.
	Rather than paying a full amount, listen man, I got, let's say you owe like $2,000.
	Listen bro, I got $800, that's all I have left.
	I'll pay you guys this.
	Once you promise to cancel this off completely and take it off my credit.
	If they can do that for you, cool.
	And they probably will, because you know what they did?
	They bought it dollars on a cent.
	Sorry, cents on a dollar.
	Yeah, they bought it for extremely cheap.
	Super cheap.
	Yeah.
	Like, let's say you owed $1,000 to American Express.
	Bro, they bought that debt from them for like $200.
	100%.
	So they don't care if you tell them, yeah, they get it super cheap.
	For nothing.
	Because American Express, the reason why is because American Express doesn't have the resources to chase after you like that.
	That's not their job.
	So it's like they're more concerned with like customer service.
	They're more concerned with like, you know, giving a certain experience.
	That's what they want to do.
	And then also, it's just like a bad look.
	You don't want Amex calling you saying, you owe us money, right?
	For a long ass time.
	I remember Eddie Murphy did a skit about creditors and that was hilarious how to keep calling him nonstop.
	That was funny.
	But it's funny as a joke, but in real life it's not funny.
	Imagine you're at your crib.
	Your girl's picking up the phone.
	Babe, you have a phone call?
	And they're like, yes, is Mr.
	Sanders there?
	He's been in collections for months.
	She's like, oh really?
	This nigga broke?
	Thank you.
	No wonder he only lets me come over at night.
	I'm telling you, man.
	Lights are always off.
	What the hell?
	So it's not a good look, man.
	I'm telling you to be romantic with the candles.
	He told me they're going to get fixed tomorrow.
	He said the power circuit was out.
	With dial-up internet.
	Yeah, dial-up internet.
	His dog chewed the wire.
	That's what he told me it was.
	That's what he told me, yeah.
	Man, I'm telling you, man.
	It's a bad look, man.
	Yo, you know...
	Oh, hold on.
	So, I was up with some girls, right?
	And they were telling me about this guy that they met in Miami.
	Yeah.
	Has a nice Maserati, which I know is a red flag right there.
	Dressed really nice.
	Has swag, whatever.
	Has all the chains.
	And, like, she's like, yeah, this guy sent me out to his restaurant.
	We had a cool vibe.
	But then the bill came.
	His car got declined.
	And I'm like...
	Wait, but what happened?
	She's like, oh yeah, he told me he's going to pay me back once we get back to the crib, and I'll be good to go.
	And then I was just like, hold on, who is this guy?
	I didn't know him at all.
	But he dressed the part with the look, had the rented Maserati, because it was probably rented, and took her out to the restaurant, didn't pay the bill, made her pay the bill, and just dipped.
	Never saw her again.
	And he smashed.
	Damn!
	But that's a finesse, though.
	But listen, man, if you're not going to be smart...
	You know what I'm saying?
	Like, people play those games.
	Yeah, I mean, because, you know, when you get good credit, like, here's the other thing too, guys, like, sometimes, like, every time, if your card gets declined, it's one of two things.
	Either A, you're a brookie, or B, you've got really good security on your credit.
	Because, like, if you go to try to buy something that you normally don't go shop at, they're going to be like, what the hell, is this you?
	And then you'll get a text message or a phone call.
	Then you just say, yes, one, it's me, or whatever, and then you do it again, and it'll work.
	Yeah.
	Because credit card fraud is very common, guys.
	It's the fastest growing crime in America right now is fraud.
	Swiper, no swiping.
	Literally.
	But yeah, that's number.
	Collections and...
	Right now I'm replacing my Amex cards, bro.
	Niggas steal my shit all the time, man.
	It's annoying.
	Bro, I don't know about you, but I'd be getting some weird charges on my shit, bro.
	Randomly.
	Yeah.
	Gift cards.
	Gift cards.
	I don't know who it is.
	Bro, if I ever find out who you are...
	I'm going to find you, motherfucker.
	And when I do, it's not going to be a good day for you.
	You keep buying these goddamn gift cards on my Amex cards.
	I see it.
	I don't know what the fuck is going on.
	You simp, you're probably buying them for some chick.
	This is bullshit, man.
	Shit pissing me off, bro.
	Amex probably looking at my show like, look at this nigga.
	He's a simp.
	It's not me!
	It's not fucking me, bro.
	I've had to replace my Amex cards like three times in the past couple months, man.
	Man, that was Myron when he was off the beam.
	It was him, man.
	He's on the...
	What?
	No, it's not me, man.
	I'm just kidding.
	I don't buy shit!
	Guys, I wear the same clothes every day!
	I'm not going to hold you, man.
	He don't buy shit for real.
	It's kind of sad.
	How about Chipotle?
	Only studio equipment.
	I buy studio equipment at Chipotle.
	I wear the same clothes every day, guys.
	I'm literally...
	I mean, I'm kind of a bum.
	I ain't going to lie.
	I mean, hell, these sneakers right here.
	I didn't buy these.
	Shout out to JR Choi.
	He got them for me.
	He said it, not me.
	Huh?
	You said it, not me.
	Yeah.
	Thought you were a bum.
	Yeah.
	And then other Jordans I got, Angie bought me those.
	That was nice.
	So, yeah.
	Where is Angie?
	She went to go see family in Portland.
	Nice.
	They're all over there.
	Must be nice.
	She wanted to drag me over there.
	I was like, man, I got to work, man.
	You can go.
	I'll run the show.
	You could, man, if you want.
	But I hate flying, too.
	I hate traveling, guys.
	I hate traveling, man.
	I hate that shit.
	Go, bro.
	Actually, come back tomorrow, man.
	Oh, okay.
	Yeah, it was too late.
	Like, it was for the weekend and shit.
	But then I wouldn't have been able to do the Trump breakdown.
	Oh, yeah, it's true.
	Good excuse.
	Yo, this nigga also has an excuse, Mo.
	I swear to God, bro.
	Literally, I'm like, let's go to Vegas, bro.
	We got UFC. We got Power Slap.
	We got all these things going on.
	Niggas like, I'm going to do a debate.
	Let's do a debate in Vegas.
	Oh, no, bro.
	They won't have all the equipment.
	I'm like, nigga, that's what they do.
	You just want to stay here.
	You don't want to come.
	They kind of don't.
	They didn't, though.
	They legit didn't.
	Bro, we have two studios.
	He's right all about that.
	Well, I only knew about the sticky paws.
	We wouldn't have been able to do it.
	We figured it out for you.
	You could have came.
	Okay.
	You didn't want to come, though.
	Nope.
	Yeah, I don't like traveling.
	I hate this shit.
	I ain't gonna lie, guys.
	I don't like planes.
	I don't like airports.
	I don't like traveling.
	Well, guess what?
	With your credit card, you can use the points for free.
	You could.
	Yeah, yeah, yeah.
	For free, guys.
	I actually can.
	I got a bunch.
	That's the W right there, man.
	Actually, our suite was to pay for for free, by the way.
	Nice.
	Yeah.
	So next time, give me your cards so I can use your points.
	Alright!
	Last point here, man.
	It's gonna be...
	Wait, should we do chats first?
	Yeah, we could re-chats first, and then we'll do the last one, and then...
	We got the ninjas coming?
	Yeah, we got the ninjas coming through later.
	I don't know you, bro, but I love this new segment, man.
	No girl, just the boys talking.
	Yeah, yeah, yeah.
	We got a lot to talk about on that new show.
	Oh, a lot, bro.
	Most banks and credit card companies allow you to change your due date, change it to 7 to 10 days before their report date, and that will help keep a positive report and a good score.
	Yes.
	Guys, if you can get that date, don't pack.
	I'm telling you, bro.
	You can...
	Don't do this though.
	You could max out your card and it's paid off before that date.
	You'll be good.
	Obviously speaking, don't be dumb about it, but you can actually do that and get away with it.
	Or what I do is I just like spend on it and then I just like periodically pay my credit cards like once or twice a week.
	Yeah.
	That's the other finesse that you could do too.
	There you go.
	What else do we got here?
	We got My Name is Richard.
	Hey guys, I'm a credit educator in Canada.
	I wanted to thank you guys for giving people this, W, and on credit because God knows we all need it.
	I'm trying to give some credit advice myself every day on Castle Club.
	P.S., more admin on Discord, please.
	It's Richard on Castle Club.
	I got you.
	We got you.
	Guys, we got a Castle Club Discord, by the way, as well, man.
	Join it.
	We do.
	Please.
	Moe's adding people in there.
	I think the free one is gone, right?
	Yes.
	Yeah.
	Yeah, yeah, yeah.
	Samson says, have you seen Destiny's reaction to Trump's attempted assassination?
	Holy!
	He seems mad that Trump didn't get deleted.
	He even mocked the firefighter who died.
	Yeah, it was going crazy on Twitter.
	We're going to talk about that on a new show.
	Don't worry, guys.
	We will.
	We will talk about that over there.
	Um, Let's see here.
	We got Rico Savage, part one.
	It's your boy General Rico.
	I just want to say, wanted to share today's W with the fam.
	My mom asked me if I would help her get the cosmetic surgery she's wanted for the past 20 plus years, but put her kids first instead of getting it.
	Oh, shit.
	Okay.
	You got your mom the surgery that she wanted.
	All right, bro.
	That's a W, man.
	Part two, my dad was going to pay for it since she hadn't asked for much.
	It's $5,000 and he's about to retire, so I told her I will pay for it.
	She cried.
	This is why we're here, gentlemen.
	The money, cars, and whores are nice.
	Looking after people who looked after you is better.
	Join CC. Yo, shout out to you, Rico Savage.
	That's a big W, bro.
	The fact that you're able to take care of your mom after she took care of you and you're getting her something that she actually wants.
	So, Rico, that right there, man, shows you your might as a man.
	And one of my goals on my dream board, bro, was to retire my mom.
	And before I bought any car, any crazy watches or whatever, I retired her.
	She quit her full-time job, all that stuff.
	And, like, the look on her face, man, happiness was, like, the best feeling ever, bro.
	Hey man, that's great, bro.
	I'm going to give you a down to Marco.
	That's great, man.
	You got to give back to your parents, man.
	That's fucking awesome.
	Rear says, you guys are the GOATs.
	One year ago, I had a devastating 644 credit score, and because of you guys, I now have a 747.
	This donation is set from Cash Rewards Card.
	Let's fucking go!
	Let's go!
	That's what I'm talking about.
	Hey, 30 bucks, man.
	Shout out to you, bro.
	He flexed.
	Where he couldn't get a fucking credit card that's good.
	I ain't got to lie, bro.
	The 644 credit score, you getting that shitty-ass- You getting the lowest rate.
	Sorry, the highest rate possible.
	You get that shitty credit card with the Starry Night Van Gogh with no benefits.
	It has a Starry Night Van Gogh.
	That's my card.
	Shitty-ass Capital One card, bro.
	That shit gives you zero benefits.
	I still have it open to this day.
	I opened that shit back in like 2007, 2008.
	I still have it to this day, bro.
	That shit charges me $35 a fucking year.
	I get no benefits.
	Wow.
	But the only reason I keep it open is because it was my first credit card and I want to keep the line.
	Oh, credit line length, guys.
	Credit history.
	Yeah, like credit time.
	Keeping a line open is very important too, bro.
	It goes in increments of 5 to 10 years.
	So, you know, obviously I got to keep it because obviously my credit score, it's not much.
	It'll drop your score off by like 10 to 50 points.
	But yeah, man, you want to keep a credit line open as long as possible.
	So yeah, I'd pay that 30 bucks a year or whatever for an annual fee, but it is what it is and I get no benefits from it.
	I don't even know where the fuck that card is.
	Why can't niggas steal that card, man?
	Like, goddamn, bro.
	Because it's lame, bro.
	They don't want that one.
	I guess, yeah, they don't like Van Gogh.
	Let's see here.
	So, shout out to you, bro.
	644, you ain't getting shit, but 747, you definitely going to get some good cards.
	That's some of the best tiers right there.
	PVO says, yo, guys, I do credit repair and business funding, and I'm in all the stuff minor fresh set up.
	Just hit me up.
	I got y'all PVO Weezy for all platforms.
	Okay.
	Alright.
	Watch from the lobe.
	Okay.
	When are you going to do a podcast for those on the next step?
	I already have a good credit score and money saved up looking for direction.
	Bro, now you need to start investing, my friend.
	You do all that so that you can start investing.
	Watch our real estate episodes.
	Or crypto, whatever you want to do.
	My score is 680 to 726, bro.
	Guys, okay, so here's the goal.
	We should say this.
	Guys, you need to all get to at least 720.
	All of you need to get to at least $720.
	I consider $720 like entry level...
	Good.
	Good credit.
	Excellent is $760 and above.
	Yeah, like you'll be able to get...
	Decent terms on most things and you'll get approved, most importantly.
	You ain't gonna get that embarrassing-ass decline.
	So try to get to 720 guys on your credit score.
	That's the bare minimum.
	If you're in the 600s or 500s, God forbid, or 400s, or you said some nigga had 390, like, bro, I think there's dead niggas that got better credit than that, goddamn.
	That's terrible.
	That's trash.
	That's deplorable, bro.
	I was like, nigga, that shit's terrible.
	You know what's funny?
	I didn't know what this is.
	Yo, you gotta try.
	Yo, to have a credit score under 400, you gotta try.
	Mind you, I was a novice at this whole credit stuff.
	I read that book.
	I was like, nigga, what's wrong with you, bro?
	Like, are you okay?
	But thing is, see, this is the problem with niggas, bro.
	Black niggas don't care, bro.
	All I care about is fucking black and milds.
	Oh, wait.
	On YouTube?
	Oh, wait, hold on.
	Let me stop.
	This is a Money Monday show.
	Fresh.
	My bad.
	Yeah, but hey, man.
	Don't be a nigga, man.
	Yeah, yeah.
	You just got to be smart, my guy.
	See, I lived in the hood, bro.
	You know what I'm saying?
	You got to be smart.
	Time step that, Mo.
	But yeah, you just got to be smart, guys.
	Don't be an idiot.
	Yeah, yeah.
	Be smart, man.
	Like, bro.
	It's deplorable.
	Yeah.
	Okay.
	Next chat.
	We got here.
	Rip Overdose.
	Oh, my score is 687-26.
	I currently have a cap one secured for the past five to six months.
	I was pre-approved for Capital One, Saver One.
	Okay, Quicksilver and Venture One.
	I applied to all three and was denied any tips.
	You got to get your credit score up.
	Those credit cards that give you benefits, bro, you got to be in the 720 range, at least.
	You're probably low 700s, high 600s.
	You're not going to get those cards.
	And that's the other reason, too, why I want you guys to get the 720s and above.
	You guys want to get these good credit cards that give you, like, real fucking benefits?
	My friend, you're going to have to be in the 700s for those.
	Otherwise, you're going to be using...
	You want to use Poverty Van Gogh card like me.
	Like, you know, when I was 18 and shit, you could do that, too, and you get no benefits, nigga.
	Credit limit like 300 bucks.
	It's the start, man.
	You try to buy some George's, that shit will decline on you.
	Can you upgrade that card at all to anything else or no?
	No.
	No, I don't think so.
	I mean, maybe I could.
	I could probably call them and figure something out, but whatever, man.
	It's fine.
	When are you doing a podcast for those on the next...
	Oh, sorry.
	I read that one?
	Yeah.
	What else have we got here?
	Hey, Ryan, I'm about to buy my first home and I got the VA home loan assistance from the military.
	Do you remember me to use...
	Do you remember me to use my VA home loan or use another bank?
	My credit score is 760.
	I think he said, do you remember me to use my VA... I think he means recommend.
	Bro, go ahead and use your VA loan.
	I just want you guys to understand.
	Luckily, you guys don't got to pay PMI, but your mortgage is going to be high as fuck, bro.
	Because VA loan, you don't put no money down.
	When you don't put any money down, that means you're not...
	Really getting equity in the house.
	When you don't have equity in the house, you got to pay a lot when it comes to that mortgage.
	So just as long as you're ready to make that payment, you're good, man.
	A says, yo, Myron, how do I get rid of a hard inquiry?
	I got it a couple months ago when I got my second credit card and my credit score dropped 20 points from 74720.
	That's hard, bro.
	Damn, nigga, what'd you apply?
	What the fuck?
	Yo, is that?
	That's kind of a lot, right?
	Yeah, I mean, bro, that's going to take some time to go away, bro.
	Hard inquiries are not an easy fix.
	But that's a lot, 20 points?
	Yeah.
	He might have did it multiple times though.
	Okay, so this is how you deal with hard inquiries, alright guys?
	So this is what I want y'all to do.
	If you're gonna, like, let's say you get your credit score to a certain point and you're like, alright, cool, I can finally get my credit card.
	I want you guys to apply for as many credit cards as you can in that time span.
	You got a couple of days, right?
	And the reason why is because if you do multiple hard inquiries in a short span of time, The credit bureaus look at it as you're either trying to open a credit card or you're shopping rates, basically.
	Because when you're trying to buy a home and you're looking at lenders or anything like that, or you're trying to buy a car and you're looking at lenders, etc., it's very common for people to go with different lenders and get quotes.
	And for you to get a quote a lot of the times, they'll lie and say, oh no, it's a soft pull.
	Bro, it's gonna be a hard pull, man, every single time.
	It's gonna be a hard pull.
	So your goal is to do that hard pull, multiple them at the same time, because what'll end up happening is the companies know that people are typically shopping rates when they do that.
	We're trying to open multiple credit cards.
	Do them all in a time span, and it'll count as one hard inquiry.
	That's the trick, guys.
	Like literally, guys.
	You're going to go ahead and apply for a credit card or you're going to go ahead and shop rates for a home or for a car loan or whatever.
	Do it all in a short time span.
	Right?
	I don't want...
	And then the other thing, too.
	Oh, man.
	This is very important.
	If you're going to buy a house, guys, okay?
	Okay.
	Once you're under contract, or if you're going to do, I think with cars too this applies.
	I know for houses this will fuck you up.
	Once you're under contract and they do your hard inquiry, guys, please don't do applications for any credit cards or any lines of credit until you close that deal.
	Don't buy furniture, don't buy shit.
	Bro!
	Guys, one of the most important tips.
	You're under contract for a house.
	You're trying to get a secure car loan.
	You're trying to get a loan for anything, right?
	Especially something that's like big.
	A big purchase?
	Yeah.
	While you're in the process of doing this deal and closing the deal, especially like a house where you got a lot of times it's 30 days to close, don't apply for no credit cards.
	Don't open up any new lines of credit.
	Don't try to fucking buy something, a car, none of that shit.
	Don't try to finance furniture because people do that shit all the time.
	They'll try to finance furniture because they're like, we're going to get a house!
	And then guess what happened, you dummy?
	You might have just got that loan by the skin of your teeth for that home loan, and then you go ahead and you get this furniture.
	Guess what happens?
	Now you lost the fucking loan, stupid.
	Stupid.
	And now you got this furniture in the house!
	I have some co-workers at my old job that did that.
	There were a couple at my job.
	They worked together.
	And they got approved for this loan.
	They bought a bunch of furniture.
	A home loan.
	They went to home furniture goods.
	Bought a bunch of stuff.
	Like, I mean...
	And let me guess, because most Americans do this, by the way.
	They maxed out, not maxed out, but like the home loan they got, they got it by the skin of their teeth because they went off to afford the most they could afford.
	And guess what they did?
	They bought everything with a credit card.
	And they did also as well loans from the actual store as well.
	And they messed up their actual loan for the property and didn't get approved after that.
	So that's why I learned my lesson.
	Never get furniture or anything like that at all.
	Don't finance shit.
	Nothing.
	Don't finance shit.
	I mean, you can buy things, of course, guys.
	When it's done.
	When it's done.
	Close everything when it's finished.
	But before then, don't do it.
	Yeah, like if you got the loan barely, guys.
	And here's the other thing, too.
	A lot of you guys, like if you're going to go buy a home, a lot of Americans make the mistake of they try to buy...
	The biggest house they can afford.
	Yeah.
	Guys, don't do that.
	Because what ends up happening is if you, like, let's say you can afford 500k, right, for a house, right?
	They're giving you a loan, you can afford up to a 500k house.
	Don't go for the $500k house.
	Try to get the $300k to $400k house, right?
	Have it where you're not like maxing out your affordability on the home.
	Because what ends up happening is you get the loan by the skin of your teeth, you try to open up another line of credit because you're an idiot and you don't understand what the fuck's going on.
	Or this is very common where people, we mentioned the furniture example because that's so common.
	People do that and fuck their shit up.
	And a lot of lenders won't tell you don't apply for any other lines of credit because they just might not.
	And most Americans don't understand this shit.
	So what ended up happening is You'll fuck up the loan, and then you won't be able to close.
	And now you're stuck with all this furniture.
	Nobody tells you this before you do it.
	Nobody tells you that, bro.
	It's like, oh, you did that, sorry!
	Or you try to buy a boat, or you try to buy a car, right?
	No, man, close the house first.
	What I always say is, if you're trying to make a bunch of big purchases in your life in one year, do the house first.
	Close the fucking house.
	Once you close the house, cool.
	Now you go ahead and get the furniture and all this other bullshit.
	And then also the other thing I really suggest when you're trying to buy a house is keep all your credit cards because they're going to run a hard inquiry when you apply for this loan.
	They want to see your monthly commitments to debt.
	Try to bring your credit cards down to zero as much as you can when you apply for that home loan, guys.
	Try to make it where you have very little debt because everything is going to be based on how much you owe.
	I had no debt, bro.
	All the cards were paid off.
	Everything was paid off.
	All I had was to get a home loan and that was it.
	Bring your consumer debt down a damn near zero, guys, before you apply for that home loan.
	Trust me, man.
	And guys, I'm going to show you my credit score, actually.
	Currently, my personal score here on the screen.
	You can see what I'm talking about right here.
	No cap in the wraps.
	It's creditcarmor.com for a free service you can use.
	You might have to do it at the middle one.
	So yeah, this is a free service you can use here, guys.
	It's pretty simple.
	Just log into your account, make an account, put in an info, and you can see your credit score anytime for free.
	No, they can't.
	You got to go to the light camera for it, bro.
	Woo!
	Here we go.
	But yeah, now that I have a business account, business credit, it's way higher on that, so...
	But that's my personal credit score.
	Cool.
	Alright.
	Sure.
	Yeah, we can.
	Word from our sponsor?
	Yeah, word from another sponsor.
	All right, go ahead.
	Positive.
	Yo, shout out to Hero Man.
	Okay, when you think of traditional pet supplements and treats, what flashes to your mind first?
	The gross smell?
	The slimy, moist texture?
	Let's face it, why would you feed your family members snacks that are so foul-smelling and even worse-tasting than you'd ever think to eat yourself?
	Also, how can it be good for them?
	Bro, I ain't gonna lie, bro.
	Pet food does smell terrible.
	It does, bro.
	Anytime I walk into somebody's house and I smell that shit, I'm like, what the fuck?
	You dirty-ass...
	Yo, bro, Hero gets Wagyu steak, premium chicken, and as well bacon.
	Why do you feed him so well?
	That's my nigga, man.
	That's my son.
	Anyhow, but now with Positive, he can eat positive dog food with a positive smell.
	This is why we at Rumble started Positive Health, a company founded by people who are not only fighting for free speech, but love their pets enough to make healthy, clean ingredients and great tasting superfood supplements, waffles, and pet products that are human grade.
	Yes, that means you can eat them too.
	Oh, shit.
	Damn nigga, I'm starving.
	Each positive superfood waffle is packed with essential nutrients, minerals, and vitamins.
	That's your companion needs daily.
	It's healthy and full of energy.
	Go to our site right now.
	Use code studio to save 50% off your first sub order.
	That's positive.com slash studio.
	to save 50% off your first purchase.
	Like I said, vitamins.
	Vitamins.
	Vitamins.
	Well, in the Caribbean, they say vitamins.
	Vitamins?
	Okay.
	Yeah, that's true.
	Yeah, shout out to the Caribbean.
	But shout out to Positive, man.
	Yeah, shout out to Positive.
	Apparently, you can eat it yourself.
	That's crazy, bro.
	I can eat with Hero.
	Yeah, I guess you can eat with Hero.
	I'm getting all fours, though.
	That's what ABBA does.
	Okay, let's move on.
	Cool.
	How's it going, sir?
	Yeah, man.
	How's it going?
	That was actually a go right there, man.
	That was easy.
	Okay, last point.
	Yeah.
	So we're going to cover the last point here on the list, and it's going to be foreclosures and bankruptcy.
	So guys, back in 2008...
	This is Super Saiyan Collections.
	A bunch of people got property for next to nothing.
	They just applied for loans, they got loans, got property.
	You had a pulse, they gave it to you?
	100%.
	You just show up and they gave it to you.
	Single moms, especially.
	Yeah.
	Anyhow, so they show up, get these loans, and then they can't pay the mortgage anymore.
	And as a result, you know, things happen in life.
	No one's perfect.
	They lost their property and it's foreclosed upon.
	Or, if you had a business, you fell for bankruptcy, and you said, you know what?
	This company's dissolved.
	I do not want to pay any more debts.
	It is finished.
	Now granted, these actual incidentals can cost you a lot of pain and suffering in the future because those actual ailments stay in your credit history for seven years plus.
	Or seven years and about there.
	Which means you're going to get another loan, they're going to say sayonara, nobody, you can't get it.
	So you want to avoid at all costs getting a foreclosure or bring up Z. And guys, I'm telling you right now, man, paying off debt, it sucks, bro.
	It's the biggest L you can take because damn, I gotta spend my money that I got right now on things I did in the past.
	Man, this shit sucks.
	But the benefit is you stay as a good member within the credit system to use your advantage later on.
	Anyhow, what I'm saying is that right now, with these two things here I mentioned before, foreclosure and bankruptcy, this happens to you guys.
	For seven years, you're stuck with this on your history, and it doesn't go away.
	So to avoid this happening even in the first place, don't be in a spot at all.
	I'm simply saying, guys, you don't buy what you can't afford.
	If you can't afford it, guys, don't buy it.
	And if it's a property, guys, you better have at least...
	And this is at least, I would say, a year to two years of savings to pay your mortgage, at least, so that you can maintain while you find another job or do another business.
	But if you're gonna buy a property, be house poor, I did at 1.2, be mindful, if you get foreclosed upon, you get bankruptcy, it will definitely destroy your credit, and it lasts for seven years, and guys, that's no joke at all.
	Yeah, it will fuck you up, man.
	It will fuck you up big time.
	What else do we got here?
	And that is it.
	Okay, so we have something we want to share with you guys, too.
	So you want to tell them about the letters?
	Yes.
	So guys, typically speaking, we have an issue where people have bad, I want to say, credit points, which means they have bad things that happen on the credit.
	For example, they have a miscellaneous charge that they don't know about.
	Repossessions are big.
	Or collection.
	Or, for example, a report on your credit.
	Those things, guys, are not good at all.
	What you can do is write a letter to these bureaus to make a statement or even tell them, hey, listen, that wasn't even me.
	And you'd be surprised.
	They have to respond to you no matter what.
	If they don't respond to you, it gets cleared instantly.
	So here's the good part about it, right?
	Within, I believe, 30 to 90 days, if they don't respond to your actual letter that you send to them, Guess what, guys?
	That charge or, for example, that actual credit point you have, repo, whatever that means, can't be taken off your credit completely because they have to respond legally within a time frame.
	And if they don't...
	And guess what happens with this actual setup here?
	They're getting thousands of letters a day.
	So it is very likely that they won't respond to your letter because...
	You know, there's a lot of people hitting them up.
	And as a result, you get off pretty much like Scott Free.
	So that's a little hack we have there.
	And Myron found a template for you guys to follow so you can use that anytime for free.
	So we've got a free template here you can follow to get this done.
	And as well, guys, listen, we get it.
	Things happen to you.
	You might get identity theft.
	You might get things on your credit history.
	You can get it taken off with this letter here.
	Yeah.
	Sample letter to credit bureaus disputing errors on credit reports.
	So this uses a sample letter to dispute mistakes on your credit report.
	Your letter should clearly identify each item if your report, in your report you dispute.
	State of facts, explain what, can you make it bigger for me, Bills?
	I'm blind.
	This is where we are here.
	Okay, state the facts, explain why you dispute the information and request that it be removed or corrected.
	You may want to enclose a copy of your credit report with items and questions circled.
	So guys, we've got a go-by for y'all that we're going to put in the description.
	Is this the link right here for it?
	Yeah, just come down.
	Scroll down.
	And this comes from the Consumer Protection thing.
	So this is legal, by the way.
	And also, guys, just keep in mind, people pay for this information.
	We're going to give that shit for free.
	Creators for these statements and these templates to use to get credit things taken off.
	We're giving this for free here.
	Yeah, we want you guys to make it.
	All the love, man.
	Hell yeah.
	For free, absolutely.
	So yeah, we went ahead and found this thing for you guys.
	This is a go-by that you guys can use.
	Just copy and paste, steal this, and then put your info in as needed.
	And you can go ahead and dispute these credit card companies, guys.
	And you're going to be surprised at how you can really get some of the stuff knocked off your credit card.
	Report, because some of it can fuck you up, and this comes from the FTC, guys, so you know it's official.
	100%.
	Federal Trade Commission.
	Alright, last shots here?
	Yep, last shots.
	Hey, W Money Monday, man.
	Yeah, we got y'all, man.
	Of course we got less viewers, of course, because people don't give a shit about it.
	We got 4K Rumble, 1500 on YouTube, 4K X, that's pretty good, bro.
	No, it is pretty good.
	That's a good money Monday.
	That's a great money Monday.
	No, it is, it is, but it's just interesting to me how, like, People don't tune in for the shit that really could change their life.
	You know what I mean?
	Yeah.
	Like, we got a guy in the chat that's going to give his mom a surgery she's been wanting for years.
	Yeah.
	Because of taking his advice.
	We got a dude super chatting us money that he made on cashback.
	W, man.
	You know what I'm saying?
	Like, yo, that brings a smile to my face, man.
	Shout out to all you guys, man.
	That's good stuff, bro.
	Does adding to your available credit affect your in-process home purchase?
	For example, I'm using my credit card to save cash to buy a home.
	Will that affect my ability to buy the home?
	New fan here in Castle Club now.
	You guys changed my life, going to the gym, making 90K in the farming industry, great stuff.
	Have the most control of my life ever.
	Thank you for your constant brotherhood.
	We got you, Jacoby.
	Good job, bro.
	Here's the thing, bro.
	All I'm saying is that before they pull your credit, try to pay all your shit down.
	Does that make sense?
	Try to have all your shit paid down a week or two before they pull your credit.
	Does that make sense?
	JohnB2 goes, I only have a card under my mom, Capital One.
	What is the best first card under only my name, and should I get the line under my mom?
	Okay.
	Hell no, bro.
	You want to talk about authorized user?
	Yeah, so, guys, if you're blessed enough to have your credit line tied to a good creditor, like your mother or auntie or uncle or father that trusts you, you trust them, and they have a high credit score, stay.
	Stay as long as possible.
	That right there, guys, is cheap code to heaven because that right there, you're basically absorbing their history and length of period of credit within yourself for nothing.
	They just put you on their credit history and you build up credit length, time, and everything for nothing.
	So stay as long as possible.
	And honestly, man, at that point...
	And then use that to open up your credit card, too.
	Like, stay as an authorized user, but open up your line as well.
	And he's saying, what's a good, like, first credit card?
	Honestly, guys, my first card was a Trace Freedom, so that's what I did.
	Oh, that's going to be hard for them to get off rip, though.
	Well, no, no.
	Hold on.
	I was on my auntie's credit line for...
	Six months?
	And I was paying as well.
	Remember my car, my other stuff.
	And within that six month period, bro, I had a pretty good score to get that freedom card.
	So if you do it correctly, my aunt had a maximum score.
	She had 850.
	So she had a high score.
	For some of you guys, like, okay, let's assume that your authorized user isn't the greatest or you might not have that ability to, like, you know, have other loans in your name or whatever.
	Yeah.
	Just get to Discover It.
	Guys, that's a really good starter credit card.
	You can get one secured and unsecured.
	Or if you get the one that's secured where you got to put some money down on it, you can transition it over to an unsecured credit card later on.
	So it's a really good starter credit card.
	And we did a whole episode on this, guys.
	Please go watch it.
	Beginner credit cards.
	I don't know if we...
	Have we done one for 2024 yet?
	We have.
	No, no.
	We did one a while ago.
	We haven't done one for 2024 yet?
	I don't believe so.
	We did business and we did personal, I think?
	Alright, we gotta double check.
	But we do have beginner credit cards, guys.
	Go check that out.
	But the one that comes off the top of my head is that Discover is a very good one.
	The only thing that sucks about Discover is they're not accepted everywhere like that.
	See, I wanted a Visa because Visa is anywhere.
	Visa, MasterCard.
	The pro tip for you guys, always have at least one Visa and or one MasterCard on you at all times.
	Even though I'm an American Express guy, I understand that Visa and MasterCard are just master race, bro.
	They're going to be accepted everywhere.
	And then especially if you're an international guy, you like to travel internationally, Oh man, I found this out the hard way.
	Guys, always have a Visa MasterCard if you're going internationally.
	And try to get a travel credit card, like a Capital One Venture, one of these cards that doesn't have transaction fees, foreign transaction fees.
	I'll give you a tip.
	So, well, pause.
	One of my Chase cards, I put one under my mom's name, sent it to Barbados, and she uses it with no fees.
	So she doesn't have to spend money at all.
	Her money is only my money.
	Okay, gotcha.
	So you made her an authorized user on your account.
	Yeah.
	So that works as well, yeah.
	Yeah, guys, if you're going to be abroad a lot, you want to get a travel credit card, that doesn't give you foreign transaction fees.
	Okay, because that adds up.
	It becomes a pain in the ass.
	Travel credit cards almost always never have foreign transaction fees, so just keep that in mind.
	But what was I talking about before?
	That was one other thing I was going to add to that.
	We were mentioning doing episode...
	No, oh, yes, yes.
	The starter credit cards, it's out there, guys.
	Search Fretish and Fit starter credit cards, and it's there.
	That'll be one of your cards that you can use.
	Okay.
	Is it better to get multiple credit cards when you run a business, personal credit use, or increase the limit of one card, bank and Navy, Fed, and currently have one cash rewards card?
	Okay, so this is what I always say.
	Have one travel credit card, have one cashback credit card, and then have one, what I call like a multi-purpose card that gives you all kinds of benefits.
	You mentioned Freedom to Flex, which is a fantastic card for that.
	Yeah.
	I think one Visa, one Amex, and maybe one external One Visa, one MasterCard, one...
	Yeah, anything.
	One Visa, one MasterCard, for sure, and then one Amex, and then if you want to have a Discover...
	I don't have any Discover cards, but there are good Discover cards out there.
	But yeah, Moe's letting you guys know that he has a Discover card.
	Man!
	I got it from you guys!
	There you go.
	Oh, which one did you get?
	Discover It.
	Oh, you got the Discover It?
	Oh, you want to talk about it then, since you got it?
	How did you get it?
	I found out because I wasn't part of the team yet.
	I think you guys did this in 2021.
	Okay.
	So it was a discovery.
	It was one of the beginning credit cards.
	It takes you in when my credit was a little lower.
	What was your credit score when you got it originally?
	About 650.
	Damn, nigga, you brokey.
	Yeah, yeah, yeah, yeah.
	Hey, man, it's a start.
	It's a start.
	It's a start.
	I'm in the 700.
	It's a start.
	Now you're in the 700 though, right?
	Yes, I will.
	Let's go, baby.
	And actually, even before I discovered you guys, I was about five.
	I was like 500, like 550, 560.
	So you were at 650 when you saw the show.
	Yes.
	What card did you...
	You got to discover it unsecured?
	Yes.
	Yes.
	Or no, secured.
	Secured, secured, secured.
	You got a secured one.
	Yes.
	How did you go about, for the audience, because this is actually important, because there's a bunch of y'all right now that probably need to start a credit card.
	How'd you transition over to the unsecured one?
	It's an extremely easy process.
	Tell them, how'd you do it?
	I had clicked the link that you guys had sent in the show at the time, and then all I had to do, because I had to use it a couple more times, apply.
	There were times I had to send a letter.
	Very similar to this, and they ended up approving it.
	Especially when my credit got up to $700.
	It was about $720 when I ended up applying for the unsecured.
	How long did you have the unsecured before you transitioned over to the unsecured?
	Two years.
	Moe.
	Okay, you didn't have to wait that long.
	Yeah, I didn't.
	I just wanted to be on the safe side.
	Can we send them the link for this Discover It card?
	Yes, I can.
	That's pretty good.
	Oh, on Castle Club?
	Yeah, yeah, we'll send it.
	Yeah, yeah, yeah.
	Yeah, that's the one I always recommend.
	There's another good one.
	It's called The Petal.
	Oh, yeah.
	We have it in the episode, too.
	That one might be a Visa or MasterCard.
	I forget.
	But that one's good, too.
	But these are really good starter credit cards.
	I mean, Mo had his shit for two years.
	Guys, you don't got to wait that long, just like a month or two, and you'll probably be able to transition over to the unsecured.
	You can upgrade to a better card later on if you can get it secured.
	Yeah, and the difference, guys, is when it's secured, you have to put money down, right?
	And it kind of operates like a debit card, but it builds your credit up, too.
	So use it for a month or two and then switch over to unsecured as quickly as you can.
	I also want to say the more you use it and the more you pay back, they actually up your limit.
	They upped my limit, and I didn't even ask.
	There you go.
	That's good.
	So they just do it because they know it's a beginner credit card, so they just do it for you.
	That's good.
	That's really good.
	Yeah, there you go, guys.
	And again, none of these credit card companies are paying us.
	We just want y'all to get the sauce.
	I wonder if Chris took this advice, that bum.
	I think he did.
	No, I think He did?
	He better have, man.
	He's been here longest.
	Okay.
	Hey, is it better to get...
	Oh, we got that one.
	Oh, yeah, yeah.
	So, yeah, that's how you set it up, guys.
	So, my credit card stack, I got two...
	Well, you want one good travel credit card, one cashback credit card, and then one multi-purpose credit card.
	And then if you want, you want to really flex.
	Like, let's say you shop at a certain place, you can go ahead and get one card that's specific to that location.
	Like, you mentioned the Macy's card before.
	Yeah.
	You know, if you like to shop at Macy's or whatever.
	Those are kind of lame, though.
	Yeah, those are lame.
	But, like, you get discounts and rewards if you shop there all the time.
	So if you shop there all the time...
	Oh, Apple Card.
	Amazon.
	I have an Apple Card.
	I have an Amazon Card, too.
	The Amazon Card, I ain't gonna lie.
	The Prime Card is worth it, guys.
	Because you get, like...
	You're pretty much Amazon Prime for free all the shit.
	So depending on where you shop and stuff like that, it might be worth it to have a specific card that you can use at certain merchants.
	So, like, the Apple Card, I think, gives you back...
	3%, it's 1.5% all the time.
	The terms change, so forgive me if I'm wrong here.
	The credit card terms always change, guys.
	If it becomes too OP, they nerf it.
	But I think you get 3% to 5% cash back when you buy Apple products.
	That's pretty good.
	That Prime is my favorite one.
	The Prime is a good one.
	I think that's a no-brainer.
	If you shop on Amazon, bro, or Whole Foods and shit like that, the Prime card is a no-brainer.
	You get so much cash back on Whole Foods.
	You get like 5% cash back on Whole Foods or some wild shit like that.
	And they haven't nerfed it for a long time.
	That's good.
	Damn.
	When we make purchases using credit cards, is it better we pay it off the same day or later?
	It doesn't matter.
	I mean, if you want to pay it that same day and bring your limit down to zero, that's personal preference.
	The point is just try to always keep it under 30%.
	Keep it under 30% recurring most of the time.
	Man, Myron, and Fresh are busy guys.
	I do this credit shit.
	I do the same shit Andrew and Bessie does.
	Y'all might as well get the help y'all need from your brother's cast club, which is me.
	Alright, nigga.
	Self promo.
	Okay, bro.
	Evan F. Crew, what's going on?
	How would someone who has filed for bankruptcy rebuild their credit correctly?
	Person is in their early 30s now and just got a new job making 80k.
	That shit's gonna hang over you for seven years, my friend.
	Yeah, I mean...
	It is what it is.
	We give you guys these tips so you don't ever have to file for bankruptcy.
	Yeah, hopefully not.
	That's the mission here.
	Because that fucks you up.
	AV says, Myrie, we didn't forget when you slid that credit card down that stripper's butt crack just like Nelly.
	It was actually my Husky card.
	What?
	What the fuck is that?
	I'm trying to use Husky Dollars.
	Your story?
	Yeah, because my buddy, what happened was, we were at a strip club.
	This was years ago.
	I know, I know.
	Yeah, so I used my college ID. So what ended up happening, we're at the strip club.
	This is in Hartford.
	What the fuck?
	I forget what the name is.
	What's a...
	Yo, type in Strip Club Hartford.
	I'll tell you guys what the name it is.
	I ain't from there, nigga.
	No, no, no.
	Mo's gonna just Google it for me real quick.
	I'll tell you what it is.
	So my buddy's there.
	He's fucking drunk as hell.
	He's just like...
	He's like throwing money at the fucking stage and shit, right?
	And he's Asian, so it's even funnier because I didn't know if his eyes were closed or not.
	Like this, right?
	Jeremy, you know who I'm talking about, motherfucker.
	It's called Minx?
	Not Minx, no.
	It was Vixen?
	They're probably closed now.
	Gold Club?
	Some shit like that.
	Gold something, maybe?
	It's like a branch.
	It's like a fucking thing.
	Anyway, so he's over there throwing money drunk as fuck, right?
	So I'm like, bro, what the fuck are you doing?
	I take the money off the stage and I give it back to him.
	And I pull out my fucking Husky card.
	I'm like 20 years old doing this stupid shit, 21 or something like that.
	Pull out my fucking husky car because I was in college at the time, and I tried to slide it down her ass crack, and they fucking kicked me out the fucking car for that shit.
	If you did that shit in Miami, bro, it would come out to you so fast, bro.
	Nigga say, get the fuck out of here, man.
	Yeah, Martin not even denying the allegations, bro.
	Yeah, it was funny as hell, man.
	Yeah, that nigga just kicked me out so fast.
	That's the old story.
	Is it Gold Club?
	Gold Club, yeah.
	Gold Club?
	Right there, yeah, yeah, yeah.
	Okay.
	Oh, it is.
	They're saying it is closed now.
	It is closed?
	Yeah, fuck that place.
	Damn.
	A couple of niggas must have went over there and tried to pay on Husky dollars and they said, fuck this, we don't take that tender.
	Oh, man.
	I was next based a few minutes ago after Marcel said federal government, I will say that you should have cornered him with how the federal government get that fund.
	That's what I said, bro.
	I said, who's going to pay for it?
	Marcel gave an empty answer and led with your background because you didn't have an answer.
	You escaped.
	You're a trap.
	However, Marcel doesn't know how money works 100% out.
	Yeah, bro.
	I mean, they're stupid.
	These guys say the government's going to pay for it, but who funds the government?
	The middle class.
	I'm ahead of my payments.
	Can my credit score take a toll if I split my payments to stay under 30% utility?
	Hit the like button and just...
	I'm ahead of my payments.
	Just keep it under 30% on everything, bro.
	Mine are fresh.
	I just hired my first employee for my mobile detail business.
	He's my cousin, but you got to start somewhere.
	Thank you for inspiring me, FNF. Can I get it down to Marco?
	For a dollar, nigga, no.
	You try to be one of them boys, man.
	Okay, and by 100%, I mean Marcel, because he thinks black people don't spend on drugs and alcohol or diet chargers.
	Look what happened when the stimulus checks was handed out.
	People still have less than 500 to 100K. Reparations.
	Marcel don't know shit, just want free shit.
	Facts, bro, he does.
	That's funny.
	Because I was in a space before this arguing with some dumb fucking FBA. Hey, FNF, I asked my seven-year-old son what he wanted to do when he grows up.
	He said he wants to own a gas station for free snacks.
	Anyways, I think it'd be a good business, a good idea to make Money Monday for owning gas stations.
	Would y'all consider it?
	You know any Indians?
	I don't actually, but maybe we could do that for y'all in the future.
	We'll find some Durkis, man.
	I have a question.
	I got a new job, but I had a huge pay cut and I'm behind on a couple of credit card payments.
	Lowered my credit score and I need your advice.
	Don't know what to do.
	What would you guys do if we were in my situation?
	Love you guys.
	Keep going.
	You have to pay your debt off.
	Guys, imagine there's a chain and a ball tied to your leg, and that's your debt, bro.
	That needs to be paramount with your success.
	You need to make more money, bro.
	It sucks, bro, but your goal should be to have two to three jobs to pay that shit off.
	And keep that shit running, bro.
	Because, dude, you being in debt, bro, with credit, it's gonna fuck you up.
	Yeah, consumer debt is the worst debt.
	It's gonna fuck you up.
	And the problem is that with these credit card companies, the interest rate can go from 17% all the way up to like 27%, et cetera.
	So, bro, you pay that shit off, you gotta get in the job, and you gotta make more money, my friend.
	No excuses.
	Shout out to my boy, Big Mo.
	It's cool getting a reply back on Instagram, WFNF, and CC Nomamezway.
	Nomamezway.
	I currently have 70,000 personal credit limit, and I wanted to pay off my truck I bought two years ago for 24k.
	I sent my boy, I trust 100%, 7,000, he sends it back to my PayPal.
	I use my credit card to send it, which I do lose 3%, but I get 2% back.
	And I put a flex pay for monthly payments with zero interest, zero monthly down on my offer, and then having a high credit score of 767 plus truck is 100% paid off in my own bank.
	So this is how them boys feel.
	Feels great.
	WFNF, WCAS. Shout out to you, brother.
	We teach you guys that shit, man.
	Myron Fresh, my question is, why was Trump's recent case dropped, and what are your guys' opinions on the judge who dropped it?
	If you can't answer now, could you save the question and answer it?
	Yeah, we are.
	Actually, Hinkle and Zerk are here, guys, so we're going to talk about that actually next show.
	Stay tuned.
	Myron, be like this every time you see Fresh's waves.
	Yeah, his waves are trash, bro.
	What are you talking about, bro?
	This shit's fire, man.
	Question, if I got a gym membership with a prepaid debit card and never canceled and the dudes keep adding up, would it eventually come back as collections?
	Potentially.
	It depends if they're going to do that.
	Zitterin, shout out to FNF Money Monday.
	Bro, just cancel that shit and switch it to another card.
	Zataran goes, Shout out FNAF Money Clips.
	This is extremely valuable content being provided to us for free, which is insane.
	These credit episodes are always gems.
	Take it from me, I started with nothing to now.
	I'm sitting at a 757 credit score with two personal credit cards and business card.
	Thanks to FNAF. Let's fucking go.
	Shout out to you, baby.
	I don't want to hear no shit about paywall, nigga.
	This shit is crazy advice, bro.
	And that's why we make sure we give this to you guys for free.
	Hell, bro, if you guys do this right, you can literally pay for your Catholic Club membership off your fucking points.
	And get cash back.
	And get cash back.
	And travel for free.
	Yeah.
	What else do we got here?
	How many more chats?
	Real Ninja Alert.
	Alright, shout out to you.
	I don't know what that is.
	I usually have two tabs open, Castle Club and Rumble while watching, but the playlist on Rumble is super impressive, WMO. Thank you, Mo, so much for doing that, bro.
	Shout out to you.
	I'm still working on it right now.
	You guys are literally going to get all of our content there organized for you guys because Rumble is the home base, guys.
	Which, by the way, if you guys are watching on Rumble, open up another tab and watch this on YouTube, too.
	I'm AK Underwater on the value of my 23 Charger.
	How can I get out the loan with Navy Federal?
	It's literally my income.
	Bro, this nigga, bro.
	Brother.
	Yo!
	Okay, you know, I'm not gonna yell at you because you probably came in late when Fresh fucking told you guys for like the better part of a year to not buy a car.
	Yeah.
	But Fresh, what do you want to tell him?
	Go ahead.
	You're the car guy.
	So, uh...
	Listen, brother, just keeping it real, bro, you're a dumbass.
	Now, granted, hopefully you didn't see that episode so this would make more sense to you, but just so you know, man, buying a car nowadays...
	He's under.
	Hold on.
	Buying a car nowadays, especially if it's a new car, is an L. You bought a Charger note, too, so you know he's a nigga.
	Yeah, exactly.
	Now, granted though, how do you fix this issue currently?
	The only way is to pay it off.
	And it sucks because this lesson right here, bro, will stay with you forever.
	Listen, it happened to me, bro.
	I bought a brand new car like an idiot.
	I thought it was cool.
	It was a Hyundai Elantra 2019 or whatever.
	Bro, listen, bro.
	The pain I felt paying off that difference in what I owed, which is called basically your under...
	Water.
	I lost like what?
	7k?
	And back then, nigga, I was broke.
	So I'll tell you what, that pain that I felt back then, bro, is here today.
	So brother, the facts are, you gotta pay off, bro.
	It's what it is.
	You have to pay off.
	Or, what you can do, this is a little trick here, find a cheaper car, like a Toyota, Honda, something like that, and transfer that balance to that new car, and there's gonna be a difference you gotta pay, but at least you get it through your car with the difference.
	But honestly, just pay it off, bro, at this point.
	Yeah.
	That's all you can do.
	Damn, bro.
	Because remember, whenever you do a car loan, bro, you sign on dotted line, I'm paying this in full, or...
	What if he tries to sell it?
	He could try to sell it.
	The thing with selling those, like, chargers, bro, dime a dozen.
	And whatever you owe, I guarantee you're not going to make from the sale.
	Yeah.
	Because the values of the cars are way down.
	Like, dude, there's so many cars...
	And it's a 2023 Charger.
	Bro, the repo locks are full.
	AK Underwater on the value.
	Bro, the repo locks are full, bro, of cars.
	Actually, they're maxed out, honestly.
	People can't repossess 24-7.
	Anybody that's watching right now, guys, don't fucking finance a car.
	Don't, bro.
	This is one of the worst car markets ever, like right now.
	Even me, bro.
	I lost money on the Labo.
	Yeah.
	That's a special car, bro.
	All you guys that are out here trying to buy new cars and shit like that?
	No, don't fucking do it, man.
	Don't do it, bro.
	Don't even get a loan on one, right?
	Nah, bro.
	Like, if they're going to buy a car, what?
	Just get a beater and buy a cash?
	If you've got a business and it's going to actually help you with taxes, the payments, the lease payments, then yes, I would do it.
	Over 6,000 pounds, business, that makes sense.
	Yes, because 80% of the value of the car you can use as a write-off.
	It's no longer 100% like it used to be when Trump was in.
	Yeah.
	So just keep that in mind, guys.
	You're not going to get the same aggressive write-off that you could with the 6,000-pound cars anymore.
	So keep that in mind.
	They changed the fucking load.
	I can do a whole episode on what you should and shouldn't do because, bro, I made some mistakes, too, even me at this point.
	Didn't we do an episode on cars already?
	Wait a minute.
	I got some more stuff.
	Oh, newer shit?
	Yeah.
	Actually, you know what?
	I can give it to them.
	Okay.
	Yeah.
	So we'll talk.
	So I gotta talk about the elephant in the room.
	Ninjas don't trust credit.
	Several of my homies use debit cash with 600 credit scores and they have bread but don't trust credit because white man.
	They're idiots.
	Even my close homie spending the past six years to save cash for a house cash even though he has a 750 credit score and bar goes higher because housing prices.
	Black folks just don't trust credit and we need to fix that WFNF. Yeah man, that's why we're trying to educate you guys this stuff.
	Guys, I mean, I'll just be honest with y'all.
	If you're buying a house cash, you're fucking stupid.
	I just don't know what to tell you.
	I'm just going to call a spade a fucking spade.
	If you're buying a house cash, you're fucking low IQ and stupid.
	Okay?
	The only time you should ever, ever fucking buy a house cash...
	Really, this is the only thing I could think of.
	Oh, two options.
	Either A, you don't have the time to do a conventional deal, and it's the end of the year, and you want to go ahead and get that house into your portfolio before the year ends.
	That's one option.
	Or, it's off-market deal and the seller's only accepting cash.
	That's the only time you should be doing deals cash, guys, to be honest with y'all.
	Because you want to tie up all this fucking capital and buy house cash?
	Well, you could have taken that cash situation, let's say, and buy like four!
	And use loans!
	And then guess what?
	Guys, it's very simple, right?
	We'll do a quick math for you.
	Let's say you have $400,000, right?
	You could buy one house cash, right?
	Like a fucking moron, right?
	And you get that one house, and you get the tax benefits of that one house.
	Or, you could take that $400,000, buy four houses, put 25% down on each house, and now you basically, you just acquired $1.60 million worth of property.
	Guess what you could do with each of those properties?
	Because each one's worth $400,000.
	You get to go ahead and aggressively deduct off of cost segregation and off of depreciation on $1.6 million worth versus only $400,000.
	There you go.
	That is the power of leverage, guys.
	Because remember, 27 and a half years for residential properties per year.
	You want to talk money?
	That's how you do it.
	Guys, please, don't buy houses cash unless it's the two situations I gave you.
	The owner isn't accepting anything else except for cash, and it's a good deal.
	Or B, and it better be a goddamn 10% ROI or better, by the way.
	So, for example, you spent $400,000 on that fucking house, you better be getting $4,000 cash on rent, motherfuckers.
	Didn't Snickle buy his house cash?
	He did, but that was for religious reasons.
	I guess the third reason is for if you don't want to be involved with usury.
	This nigga, bro.
	But, you know.
	Alright.
	Which I understand.
	I can respect that.
	Because in Islam they forbid it.
	But, bro, dude, you know what I mean?
	You're putting yourself at a significant financial disadvantage if you want to acquire wealth and be able to build long-standing stuff.
	Because when you're buying houses in cash, bro, you've got to take so long to build capital.
	The average American isn't going to be able to save.
	The average home nowadays, guys, single family, is like $350,000 to $400,000.
	The average American's not going to be able to save up that amount of liquid and buy a fucking house cash?
	Yeah.
	What the fuck?
	It's crazy.
	As long as it's possible.
	That's wild.
	Anyway.
	Message your sand ninja on IG and he didn't respond for the channel whitelist.
	Is he a habibi?
	Oh.
	He means noble.
	Noble.
	Would you be interested in a reliable sand ninja like myself?
	And this is from Menline Ninja.
	Yeah, I don't know.
	Where'd you message him?
	On Twitter?
	Message him on Twitter now, bro.
	Me when Trump got shot.
	Okay.
	Yeah, Noble's here, by the way.
	Right now, Trump.
	Okay.
	How many more do we got?
	Because we got to close this thing, guys.
	We got the bros in the house.
	Two more?
	Okay.
	Matt goes, I'm 22 making six figures in blue collar industry.
	Me and my brother just recently bought our first duplex.
	What steps should we take after purchasing this property?
	That's good.
	That's good.
	Get your next one.
	Keep on going.
	I have five credit cards, $200, $300 credit on each.
	Low amounts.
	Went through hard times.
	All accounts charged off.
	Should I pay them or should I open a secured credit card and just start fresh stuff?
	No, pay those down to zero, my friend.
	Pay them shits down to zero, bro.
	Nigga, you won't even be able to open another line if you owe money.
	I don't understand how niggas have debt and don't want to pay the debt off.
	What's wrong with you, man?
	Like, bro, pay your shit off.
	How do y'all go to sleep at night?
	Fuck wrong with y'all, man?
	I mean, that, bro, I can't sleep properly.
	I'm like, fuck, I owe this person money, owe this person money.
	What the hell?
	Nigga, I feel like shit.
	The hell, man.
	How do you go about life in debt?
	Niggas walk in the Foot Locker to buy some new Jordans when they owe $100,000.
	What the fuck wrong with y'all, man?
	Bro, you want to know how serious it is, bro?
	I just spent...
	This is me being transparent as fuck.
	A bunch of money to pay off this car that I don't want no more.
	I lost money because remember I got hit in my Lambo?
	Lamborghini, yeah.
	It was like what?
	Should I say number?
	That's up to you.
	140k, bro.
	Goddamn!
	Nigga!
	This shit pisses me off, bro!
	Call because this f-word hit my car from behind, pause, and I'm like, nigga!
	This shit special, nigga!
	Yo, you guys wanna know what made him first stop being a nigga?
	That's what made him stop being.
	You guys are probably wondering, why'd he stop the chains and be a fucking black dude?
	That's why.
	This Lambo was supposed to be a fucking winner for me, and this f-word, I won't say it on YouTube, but I just had to pay 140k to get this shit off my nigga!
	It's just crazy, bro.
	That's why I'm like, yo, y'all niggas, man.
	Listen, I had it worse than y'all niggas, man.
	Trust me when I tell you this, bro.
	Will I do it again?
	Hell no!
	That's why Fresh is converted.
	He's no longer a chain-wearing idiot.
	He's like, fuck this shit, man.
	This ain't me, man.
	I'm done.
	He's like, I'm upside down on this car.
	I'm done.
	It was other stuff, too.
	But that was also a component as well.
	You know what?
	All right, man.
	But hey, man.
	Epic L for Fresh.
	The peanut peanut off, it hurt.
	But guess what?
	The car's gone.
	That's why I ain't flashy no more.
	Debt-free, and I'm chilling, bro.
	Yeah.
	You know?
	I'll keep the other cars, but that one, I want it gone.
	So, all right, guys, stay tuned.
	We're going to be live here in about the next 10, 15 minutes.
	We're just going to reset back up.
	Fucking Sneeko's saying some shit about, I'm tired or whatever, Lazy Co.
	He better get his ass over here.
	I'm going to fucking harass him.
	You guys better go and spam his...
	Shit, he banned off everywhere.
	Spam his Twitter or some shit like that.
	And we're going to be back with the bros here, guys.
	Give us about 10, 15 minutes to set up, and we're going to talk.
	We're at Fresh Fit News coming up.

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