Scoundrel Posted July 16, 2019 Share Posted July 16, 2019 1 minute ago, Forge said: Can confirm his price is reasonable as that is excellent advice Glad I just got it for free. Thanks @ET80 1 Quote Link to comment Share on other sites More sharing options...
ET80 Posted July 16, 2019 Share Posted July 16, 2019 3 minutes ago, Counselor said: Glad I just got it for free. Thanks @ET80 ...but I didn't tell you where to go! You'll be wandering the wilderness like Max Rockatansky, unless you pay me $5,000! Quote Link to comment Share on other sites More sharing options...
ET80 Posted July 16, 2019 Share Posted July 16, 2019 Total disclosure - I thought this was What Are You Thinking About. Ignore everything I've said here. Quote Link to comment Share on other sites More sharing options...
Scoundrel Posted July 16, 2019 Share Posted July 16, 2019 56 minutes ago, ET80 said: ...but I didn't tell you where to go! You'll be wandering the wilderness like Max Rockatansky, unless you pay me $5,000! Anywhere but here, LA or the Bay Area. Quote Link to comment Share on other sites More sharing options...
theJ Posted July 17, 2019 Share Posted July 17, 2019 3 hours ago, TENINCH said: The guy trying to buy my home is asking me to replace a water heater that was replaced 3 years ago. That water heater was chosen specifically for the house because of the 3 bathrooms. He doesn't deserve that house. Strange request Quote Link to comment Share on other sites More sharing options...
TENINCH Posted July 17, 2019 Share Posted July 17, 2019 40 minutes ago, theJ said: Strange request Yeah he asked us to do the same to the deck (brand new 3 years ago) and then replace a couple outlets. All the outlets are fine. Quote Link to comment Share on other sites More sharing options...
N4L Posted July 17, 2019 Share Posted July 17, 2019 6 hours ago, TENINCH said: Yeah he asked us to do the same to the deck (brand new 3 years ago) and then replace a couple outlets. All the outlets are fine. Tell him no. He can do that stuff himself later on 4 Quote Link to comment Share on other sites More sharing options...
skywlker32 Posted July 17, 2019 Share Posted July 17, 2019 On 7/15/2019 at 3:01 PM, Counselor said: I make 73k a year in Southern California with a 820 credit score and still can’t afford crap. Someone come manage my life for me. As others are noting, that is the equivalent of <50K in Pittsburgh. The fact that you can't afford anything makes total sense. It's part of the struggle of California. Quote Link to comment Share on other sites More sharing options...
theJ Posted July 17, 2019 Share Posted July 17, 2019 13 minutes ago, skywlker32 said: As others are noting, that is the equivalent of <50K in Pittsburgh. The fact that you can't afford anything makes total sense. It's part of the struggle of California. Yes. Also, a credit score has nothing to do with being able to afford something. It's a measure of well you pay your debts. It doesn't equal dollars in any meaningful way. 1 Quote Link to comment Share on other sites More sharing options...
skywlker32 Posted July 17, 2019 Share Posted July 17, 2019 1 hour ago, theJ said: Yes. Also, a credit score has nothing to do with being able to afford something. It's a measure of well you pay your debts. It doesn't equal dollars in any meaningful way. Definitely. If anything, a high credit score likely means you have less spending cash at any point because you are paying off your debts. Quote Link to comment Share on other sites More sharing options...
ramssuperbowl99 Posted July 17, 2019 Share Posted July 17, 2019 47 minutes ago, skywlker32 said: Definitely. If anything, a high credit score likely means you have less spending cash at any point because you are paying off your debts. It would mean the opposite. A high credit score indicates more spending money, which is why lenders are okay giving you money. You have more capacity to pay it back. Quote Link to comment Share on other sites More sharing options...
skywlker32 Posted July 17, 2019 Share Posted July 17, 2019 17 minutes ago, ramssuperbowl99 said: It would mean the opposite. A high credit score indicates more spending money, which is why lenders are okay giving you money. You have more capacity to pay it back. https://www.thebalance.com/factors-affecting-credit-score-960527 Nope. Payment history, amount of debt, length of credit history, types of credit and number of inquiries. Quote Link to comment Share on other sites More sharing options...
ramssuperbowl99 Posted July 17, 2019 Share Posted July 17, 2019 4 minutes ago, skywlker32 said: https://www.thebalance.com/factors-affecting-credit-score-960527 Nope. Payment history, amount of debt, length of credit history, types of credit and number of inquiries. From what you posted: Quote 02 Your Level of Debt Matters Your debt level determines 30 percent of your credit score. Credit scoring calculations, such as the FICO score, look at a few key factors related to your debt. The amount of overall debt you carry, the ratio of your credit card balances to your credit limit (also called credit utilization), and the relation of your loan balances to the original loan amount. As a guideline, you should keep your credit card utilization at 30 percent or less, meaning only charge up to 30 percent of any card's available limit. Having high balances or too much debt can heavily affect your credit score. The good news is that your credit score can improve quickly as you pay down your balances. High credit utilization negatively impacts your score. So someone who is spending all of their money paying off debt would have a lower credit score, because they are utilizing a large percentage of their credit (which is determined heavily by income). Someone who has a very high credit score would have no balance carried and very low credit utilization. Quote Link to comment Share on other sites More sharing options...
skywlker32 Posted July 17, 2019 Share Posted July 17, 2019 9 minutes ago, ramssuperbowl99 said: From what you posted: High credit utilization negatively impacts your score. So someone who is spending all of their money paying off debt would have a lower credit score, because they are utilizing a large percentage of their credit (which is determined heavily by income). Someone who has a very high credit score would have no balance carried and very low credit utilization. Someone could keep their credit debt below 30% of their credit line and still carry debt month to month (which would leave more money on hand). Likely was a strong word, but it shows credit score doesn't show a level of income. Quote Link to comment Share on other sites More sharing options...
ramssuperbowl99 Posted July 17, 2019 Share Posted July 17, 2019 2 minutes ago, skywlker32 said: Someone could keep their credit debt below 30% of their credit line and still carry debt month to month (which would leave more money on hand). Likely was a strong word, but it shows credit score doesn't show a level of income. Carrying a balance and having unpaid debt would not only impact your utilization negatively, but also the amount of debt, so even in this hypothetical the person is going to be dinged. This sentence: Quote If anything, a high credit score likely means you have less spending cash at any point because you are paying off your debts. is not just unlikely, it's wrong. A credit score is indicative of how able someone is to pay off debt they incur, and the more spending money someone has at the end of the month, the better position they would be in to pay off those debts. It would make no sense for the score to increase as someone's spending cash decreased. People with disposable cash are exactly the type of people creditors want to collect interest from. Quote Link to comment Share on other sites More sharing options...
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