Which credit building options are you rolling with? Let me know!
@mikeb4892
Жыл бұрын
on the waiting list for Grain. Going to apply for Extra Thanks.
@shaunsmith8780
Жыл бұрын
I'm going with Self and Kikoff! Is it normal for your credit to take a hit after adding them. My credit went down 8 points. Also , is it wise to pay off kikoff or pay ahead instead of paying monthly?
@KelvinMcNeil
Жыл бұрын
@@shaunsmith8780 there’s no way for me to tell without looking at your credit profile. However, the presence of a new account does impact your average age of credit.
@joemejorado9478
Жыл бұрын
I paid Self - the BIG $150 per month
@KelvinMcNeil
Жыл бұрын
@@joemejorado9478 high roller 😂
@antonioartis6778
Жыл бұрын
Ive been watching multiple youtube peiple teaching so many ways. Live adding tmthe 1st ans 3nd video on credit building apps and cards to my mix! Ill be applying for Grain today! So far you guys, the KZitemrs, have helped me raise my credit 90 points in the last 3 months. I applied for self and kikoff together and just got approved for my 3rd card yesterday! Now i have 3 unsecured and 2 secured cards with 2 credit building apps! This is all love! I advise everyone like Kelvin says, to work on that credit mix, utilization and hidtiry lioe no other! Another note: if you pay your CC balances between the statement date and the reporting date, down to 7% utilization overall (down to one card is best, you can also get a quick 30-50 point credit boost! Good luck everyone!
@omarjimenez679
Жыл бұрын
Thank you kelvin! this year was amazing for me thanks to you I start building business credit, 5 months ago I got my first credit with shell with a $5,500 credit then apply with LOWE’S LAC credit approved for $3,000 then i got LOWE’S supply for $5,000 the I got Quill approved for $1,500 then Home Depot For $3,000 then FUELMAN for $5,500 then BP for $5,000 and I feel went so quick with this less the 6 months, thanks to you videos who teach me. Keep it up👍 🎉
@KelvinMcNeil
Жыл бұрын
Wow, that’s awesome Omar, nice work taking action. Anybody can watch KZitem videos, but not many apply the knowledge and go through with it to make things happen. You are a go-getter and I wish you the best! Keep up the great work
@anhelinabodnar1066
Жыл бұрын
I love EXTRA, especially how fast and friendly they reply in chat!
@KelvinMcNeil
Жыл бұрын
Thanks for sharing your experience!
@juliovazquez82
Жыл бұрын
Thank you so much for helping me get my business credit together. You have help me a lot, and if it wasn’t for you helping me I wouldn’t be were I’m at today ! My business credit and my credit are so good that I’m not using my money. I’m using the bank money now and give me 30 days to pay it back. Thank you so much 🎉🙌🏻🙏💯💰
@KelvinMcNeil
Жыл бұрын
Wow, thanks for sharing your testimony Julio! That’s what’s up. Glad I could help. You are now set up to achieve whatever you set your mind to without financial limitations! 💪🏾👏🏾👏🏾👏🏾
@rltuniverse
Жыл бұрын
I have 3 of the 5! Grain, navy fed & discover and I love all 3!
@RachelMcNeil
Жыл бұрын
Great video Kelvin Keep them coming 🔥
@integritypavementsolutio-yg1xt
10 ай бұрын
I just downloaded it and set it up 🎉 used your name in the “ how’d I hear about this” hope it benefits both of us thank you brother
@KelvinMcNeil
10 ай бұрын
Which service did you sign up for?
@integritypavementsolutio-yg1xt
10 ай бұрын
@@KelvinMcNeil I signed up for extra, used your name for reference and now applying for Varo, will also use your name if they have a place for it
@integritypavementsolutio-yg1xt
10 ай бұрын
@@KelvinMcNeil also if you have the time I would appreciate chatting with you maybe zoom or Google meet or FaceTime
@integritypavementsolutio-yg1xt
10 ай бұрын
@@KelvinMcNeil I just signed up for Varo, I tried to send 100$ 3 times it’s coming out of my bank but not showing balance on Varo
@KelvinMcNeil
10 ай бұрын
@@integritypavementsolutio-yg1xt okay, great choices. Using the link in the description would support the channel but I’m not worried about that.
@fabvibe1337
Жыл бұрын
Imma start now thank you for all your info
@KelvinMcNeil
Жыл бұрын
Good & you’re welcome!
@davidjohnson2662
Жыл бұрын
The top 3 from this video I say is extra , varo and grain if a person get just those 3 you can grow your credit in 6months incredible
@KelvinMcNeil
Жыл бұрын
I would definitely put Discover It Secured in the top 3 but hey, that’s just me. 🤷🏾♂️
@davidjohnson2662
Жыл бұрын
@@KelvinMcNeil discover it is I’m listening to you kelvin you the expert!! How can I get further knowledge about personal and business credit I have a lot of questions
@KelvinMcNeil
Жыл бұрын
@@davidjohnson2662 you can always drop questions under each video. I always try my best to respond.
@bossladybee8323
Жыл бұрын
Another awesome video info!!
@ANDREBODDIE1
Жыл бұрын
Excellent presentation 👏🏿
@KelvinMcNeil
Жыл бұрын
Thank you
@ibkb777
Жыл бұрын
GR8 vid! 🙌🏼
@KelvinMcNeil
Жыл бұрын
Thank you
@texasRoofDoctor
Жыл бұрын
Great content as usual. I have a quick question about these. It sounds like extra is the best way to build more credit because it works kind of like Divvy. Is that correct? I just want to build higher limits based upon what I spend anyway. Can you clarify? Thank you and keep up the great work.
@KelvinMcNeil
Жыл бұрын
Correct. It works the same way. I call these spend cards.
@Beautiffulme01
Жыл бұрын
Thank you
@GiftsAndGrace
2 күн бұрын
Does the Extra card count against the 5/24 rule?
@KelvinMcNeil
2 күн бұрын
@@GiftsAndGrace no. It’s not a major credit card.
@tammygladney6808
Жыл бұрын
How soon can I get the navy fed nRewards secured credit card after I open navy fed flagship or free checking account ?
@KelvinMcNeil
Жыл бұрын
I assume you can get it immediately after becoming a Navy Fed member.
@marcresasco4146
Жыл бұрын
Thanks fam
@bryamgarcia3718
Жыл бұрын
What a diverse young black man!
@KelvinMcNeil
Жыл бұрын
Thank you! 🙏🏾
@eveoliviacronin6558
5 ай бұрын
Are there any products like these for people in the European Union, more specifically, Portugal, Spain, and Ireland? Thanks!
@KelvinMcNeil
5 ай бұрын
Sorry, I’m only aware of products and services in North America since that’s where I live.
@pencilheadfamily19
Жыл бұрын
🙌🏾🙌🏼🙌🏾👽🔥🔥🔥 Thanks you !!!
@KelvinMcNeil
Жыл бұрын
You’re welcome!
@prophit06
Жыл бұрын
Good info. Have you ever reviewed SoFi's credit card?
@KelvinMcNeil
Жыл бұрын
No, I haven't but its on the list to review.
@prophit06
Жыл бұрын
@@KelvinMcNeil It's worth a look. Especially when you have direct deposit. 3% accross the board and 2 pts/$1 and the first year I think rewards are doubled.
@user-ds1id6mw6z
Жыл бұрын
As a SOFI member I have found their credit card and personal loan products to be relatively difficult to qualify for. Minimum score & credit report criteria must be rather strict.....
@prophit06
Жыл бұрын
@@user-ds1id6mw6z 1 have better credit. 2 learn relational banking
@JonathanTaylor-ld9yk
5 ай бұрын
How long does it take for stellar fi to report the 25k ?.. id like to lower my utilization
@KelvinMcNeil
5 ай бұрын
IDK. “Steller Fi” isn’t mentioned in this video.
@erict.lynchsr.2096
Жыл бұрын
Wow!
@Janet96654
Жыл бұрын
Do you recommend me getting a self credit builder or a extra or discover it card? My score is 705 I have 1 credit card and a auto loan and students loans which one would help me raise my credit fast?
@KelvinMcNeil
Жыл бұрын
Sorry for the late reply. Just now seeing your comment. I like all 3 but keep in mind if your scores are over 700 these aren't the cards for you. These cards mentioned in this video is for people with low credit scores. These are what we call "tier 1" cards. With scores above 700, you can go straight for a Tier 2 like the unsecured Discover IT, Capital One, Citi Bank etc. or if your scores have improved since this comment you could potentially qualify for Tier 3 cards like AMEX & Chase.
@JM-hk1hk
Жыл бұрын
I currently started Ava Credit Builder & Savings Builder, Kikoff Credit Builder & Self Credit Builder. Any thoughts on all 3? What else do you recommend besides the 3? Thanks in advance.
@KelvinMcNeil
Жыл бұрын
Those 3 credit builders are all installment accounts it’s slight overkill. Only need 1-2 of those. The rest should be installment accounts (cards) if you don’t already have any open.
@JM-hk1hk
Жыл бұрын
@@KelvinMcNeil thanks for getting back to me. Is Ava Credit Builder considered as an installment card? I was planning to open a Discover IT secured card or Self secured card.
@JM-hk1hk
Жыл бұрын
Or Chime?
@KelvinMcNeil
Жыл бұрын
@@JM-hk1hk Ava actually has both a credit builder card & a loan. Yes, Chime would be a credit building secured card.
@Charlesnans
Жыл бұрын
Would the card accept rent pay through them
@KelvinMcNeil
Жыл бұрын
Each of the cards mentioned in this video are with Visa, MasterCard or Discover which are normally accepted everywhere. As long as your landlord or leasing company allows you to pay via debit or credit card you should be able to pay your rent with either of these cards.
@Savygurlfashion
Жыл бұрын
Can we use these to build business credit as well ?
@KelvinMcNeil
Жыл бұрын
No. These are only for personal (consumer) credit.
@jamesjackson1355
Жыл бұрын
Does secured credit card report as secured on my CREDIT and will that secured card HURT ME by showing as secured
@KelvinMcNeil
Жыл бұрын
No it doesn’t. It’s reported no differently than an unsecured credit card.
@KelvinMcNeil
Жыл бұрын
There’s only 2 ways to report a credit card: Individual, meaning you’re the primary account holder. Or Authorized User, meaning you are not the primary account holder.
@KelvinMcNeil
Жыл бұрын
The ONLY thing that can HURT your credit is missing a payment or having high utilization.
@NeckCollectorz
Жыл бұрын
Not true, I had a hard pull on that discover it
@TheRayder23
Жыл бұрын
Pre aprovals bro
@joemejorado9478
Жыл бұрын
I bought SELF... I hope they can Help me... I paid the Big amount $150 per month..
@ann-pc3yt
Жыл бұрын
Score IQ is 1.00 for 7 day then it is 32.99 a mouth let me know if i got the right one i did use the link in this video
@KelvinMcNeil
Жыл бұрын
Yes, that’s correct. Using my link. tinyurl.com/IndustryScores
@ygman73
Жыл бұрын
What would be the best option for someone that don’t have no credit. Extra Debit card Or Secured Builder Card ?
@KelvinMcNeil
Жыл бұрын
Both
@ygman73
Жыл бұрын
Ok Cool so get both ?
@KelvinMcNeil
Жыл бұрын
@@ygman73 if you have no credit yes, both would be best.
@ygman73
Жыл бұрын
Ok will do So it’s best start off with 3 right. so what could be 3rd one I should Get ?
@KelvinMcNeil
Жыл бұрын
@@ygman73 no need for 3. Get a credit builder loan instead. 2 cards and a credit builder loan would be solid
@tammygladney6808
Жыл бұрын
Any requirement to get a navy fed or dcu credit union account? Banking /checking/savings or is it like a regular us bank application approval
@KelvinMcNeil
Жыл бұрын
Navy Federal Credit Union requires you to have military affiliation to get a membership. Whether it be through a close relative or yourself. Similar to USAA Bank.
@tammygladney6808
Жыл бұрын
@@KelvinMcNeil i gotta learn the hack fo navy fed...donuts have a video on it? If so link it
@KelvinMcNeil
Жыл бұрын
@@tammygladney6808 there is no hack. Only fraudulent ways to sneak in & it’s not worth it to be honest.
@tammygladney6808
Жыл бұрын
@@KelvinMcNeil any 1 is able to get a navy fed free CHECKING account right?
@KelvinMcNeil
Жыл бұрын
@@tammygladney6808 no. You have to have military affiliation whether it be through a family member or yourself.
@tammygladney6808
Жыл бұрын
Is it ok if I have self, kikoff, credit sesame, and credit strong on my credit profile at once?
@KelvinMcNeil
Жыл бұрын
Yes, it’s fine. Just don’t miss any payments!
@tammygladney6808
Жыл бұрын
@@KelvinMcNeil is it great to add (cred ai credit card) to my credit profile even though I will have self, kikoff, credit sesame, and credit strong on my credit profile?
@KelvinMcNeil
Жыл бұрын
@@tammygladney6808 do you have an existing open accounts on your credit report like student loans, mortgages, or auto loans?
@KelvinMcNeil
Жыл бұрын
@@tammygladney6808 or are you starting from scratch?
@tammygladney6808
Жыл бұрын
@@KelvinMcNeil auto loan I wanna get off...(need HELP DOING it) public record child support I wanna get off ..(need HELP DOING it)
@tyrellmontgomery7118
Жыл бұрын
Do you or a family member have to be in the Navy to get a navy federal credit card?
@KelvinMcNeil
Жыл бұрын
Yes. It’s only for members of the Navy Federal Credit Union.
@jesusyebra2093
Жыл бұрын
extra vs credit sesame?
@KelvinMcNeil
Жыл бұрын
Extra.
@jesusyebra2093
Жыл бұрын
@@KelvinMcNeil I agree. Would you recommend getting credit sesame credit builder?
@jesusyebra2093
Жыл бұрын
@@KelvinMcNeil since they are both debit cards
@KelvinMcNeil
Жыл бұрын
@@jesusyebra2093 if you choose to, sure.
@infinitedarkmind8864
Жыл бұрын
Does extra works with cash app?
@KelvinMcNeil
Жыл бұрын
I highly doubt it. Will most likely need to be an actual debit card that’s linked to a checking account or they’ll require ACH payments.
@infinitedarkmind8864
Жыл бұрын
@@KelvinMcNeil I got it to lol
@SoundRyteMobileDJs
Жыл бұрын
What are your thoughts on StellarFi? Now I'm thinking Extra vs StellarFi should be a new video idea just give me a shout out 😂😂😂
@KelvinMcNeil
Жыл бұрын
I honestly haven’t heard of them. But I’ll look into it. Thanks for the suggestion.
@SoundRyteMobileDJs
Жыл бұрын
@@KelvinMcNeil me either until yesterday. You pay your bills through them up to $25k/mo and they report it as credit to 4 credit bureaus.
@joem551
Жыл бұрын
Does EXTRA assign you a credit limit in order or do they use your total purchases for the month as your credit limit when they report to the Credit report agency for that month?
@KelvinMcNeil
Жыл бұрын
Your credit limit is based on your current bank balance & account activity. Spend power limits are lower for new members and increase as your bill, positive payment, history and rapport with extra.
@eyeswideshut2800
Жыл бұрын
If Varo is secured how are you spending more than you have, that defeats the purpose. I can see the Extra card not recouping funds next day but Varo is your own money... make it make sense
@KelvinMcNeil
Жыл бұрын
Simple. You have to load money onto your VARO account to use the card. If you use that money to make reckless purchases, you are in fact spending money you don’t have. Example, If you can’t afford to eat out everyday using your debit card, that doesn’t change just because you’re attempting to build credit.
@KelvinMcNeil
Жыл бұрын
Trust me, I run a credit repair business.. I witness people max out secured credit cards then make late payments or stop making payments all together all the time.
@eyeswideshut2800
Жыл бұрын
@@KelvinMcNeil That still makes no sense and defeats the purpose and trust me I'm no financial novice. Any so called credit building service that functions like a credit card without fail safe protections isn't a credit builder. It's a high interest credit card and should be marketed as such hence defeating the purpose.
@eyeswideshut2800
Жыл бұрын
@@KelvinMcNeil Yeah well trust me I wouldn't go pushing products that can hurt the customer base I service but that's me
@KelvinMcNeil
Жыл бұрын
@@eyeswideshut2800 ma’am, I mention 5 financial services that all report your payments to the credit bureaus which make them credit builders. There’s no debate. If you’re not a fan of Varo, that’s completely fine.
@kahzi7650
Жыл бұрын
This is definitely sponsored
@KelvinMcNeil
Жыл бұрын
This video isn’t sponsored. If it was I would’ve shouted out the sponsor. Plus, I doubt a sponsor would want to be featured in a video highlighting 4 of their immediate competitors 😂
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