How To Fix A BAD Credit Score ASAP / Ask The Money Nerds

Do you have a financial question you'd like one of our Financial Nerds to answer? Submit your questions at https://askthemoneynerds.com and watch for our response on an upcoming episode!

Your credit score influences more than just the amount of money you can borrow. It can affect what your interest rates are, how much you pay for insurance, on top of limiting the amount you can borrow. Today on our Ask The Money Nerd Segment of the Wealth Labs Podcast, Tim, Amanda, and I are going to deep dive everything you need to know about credit. How your score is calculated, where you can go to see your reports, as well as how to fix and dispute errors on your credit!

Time Stamps:
1:28 – How do I fix My Credit?
1:53 – How is Credit Actually calculated
2:05 – What is your Utilization Rate
3:45 – The Second Highest percentage of your Credit Score: Payment History
4:45 - - Other Categories that effect your credit but are much lower percentages of your total score
5:45 – How to call your credit card company to request a credit limit increase without affecting your score
6:45 – Should you close a credit card account once you pay it off?
7:45 – The process for cleaning up your credit score
9:10 – Check for Errors in your Credit Score
10:00 – How often should you review your credit score for errors?
10:30 – How to check your scores ever year from all credit bureau for free
12:30 – What to do about reporting errors on your credit report

_
► Subscribe to my channel here: https://www.youtube.com/channel/UCs--ejlVMYcMZF4tUC8yNRQ?sub_confirmation=1
_
Want to listen to the Garrett on the go? Subscribe to the Wealth Labs Podcast today by using the links below:
Apple Podcast: http://bit.ly/WealthLabsPodcastApple
Google Play: http://bit.ly/WealthLabsPodcastGoogle
_

Garrett is the author of the New York Times and Wall Street Journal bestselling personal finance book Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity.

He is the Founder and Chief Wealth Architect of the Inc. 500 firm, Wealth Factory. A regular on ABC’s Good Money, he has been on Fox, CNBC, as well as hundreds of radio interviews, and is a contributor for Forbes. Garrett is a frequent speaker at workshops and conferences. He lives in Salt Lake City.

Garrett has also been interviewed by some of the greats in the personal development space like Hal Elrod, Robert Kiyosaki, Ryan Moran at the Capitalism Conference, Dan Sullivan from Strategic Coach, the Mindvalley Podcast, Project Life Mastery with Stefan James, Joe Polish of Genius Network, Entrepreneur on Fire with John Lee Dumas, The Science of Flipping with Justin Colby, The How of Business, and many more!

If you want to build sustainable wealth, increase your monthly cash flow and enjoy economic independence without using budgets, cutbacks, limiting your lifestyle or adding new customers to your business, then Garrett & the Wealth Factory team can help provide the tools and training you need to build the life you love.

Interested in getting a Financial Checklist to you back on the right track? Click the link below:
https://wlth.co/Garretts-financial-checklist
_
Follow Me Online Here:
Facebook: https://www.facebook.com/garrettbgunderson
Twitter: https://twitter.com/GBGunderson
Instagram: https://www.instagram.com/garrettbgunderson
LinkedIn: https://www.linkedin.com/in/garrett-gunderson-651359b3/
Website: https://wealthfactory.com/

Interested in going deeper?

Killing Sacred Cows - https://amzn.to/2lMbX1i
What Would the Rockefellers Do - https://wlth.co/Garretts-free-book

#GarrettGunderson #WealthLabsPodcast #AskTheMoneyNerds

This video is about How To Fix A BAD Credit Score ASAP / Ask The Money Nerds
https://youtu.be/UttOnXQ4A60
https://youtu.be/UttOnXQ4A60