Should I Fix MY Credit First or My Significant Other's? | Credit Repair ...

Today we're answering the question: should I fix my credit first or my significant other's? If you would like to learn how to fix your credit head to https://lynxshort.com/offers OR if you would like to get a free credit sweep head to https://my740.com I get questions all the time and this one has come up quite frequently - both for couples and even for parents and their adult children. When it comes to deciding who's credit to fix first, you will want to look at who makes the most money, who has more derogatory accounts, who has the higher credit score, and who will potentially get approved for higher credit faster. In case you didn't know, we've been covering the following lately: how to remove closed accounts from credit report how to remove charge offs from credit report how to remove late payments from credit report how to repair credit fast So make sure to subscribe so you don't miss any of the answers you've been looking for!

0:00 Hey, what's up? Today we're answering your frequently asked question, and that is, if you have husband and wife as an example that both have things on their credit report that needs to be removed, what do you do? First, let's just say that you can't afford to do both at the same time. What are you supposed to do? Right? Who do you choose? Well, the answer to this is actually quite simple. Now, you can look at this in two different ways. A, either financially, right, because you already know there's going to be someone that one makes more money than the other, and that's totally fine, right, you're not both going to make the same amount of money right? Now, either that person is going to need to be the one because they're the primary for finances to be able to fix your credit, or the person who has either the higher credit score or the lesser of the negative items, right? Because they're going to be able to fix their credit faster, so that you can go and move forward and get credit and utilize it, and then make, you know, a joint credit decision in the future once that second person fixes their credit, right. So, you know, like I said, there's a couple ways to think about this. But just as an example, when my husband and I got married, you know, I had good credit, he didn't, because he had no credit. And so we had to make certain decisions when it came to what we were going to apply for and when and how and all that kind of stuff, right? Because you have to start thinking about generational wealth, right? We want to get this house and we want to pass it down to the kids and all that kind of stuff. But oh, we have an obstacle, we need to, you know, get this only under you because I have things that need to be removed. And at the time, it was really frustrating. But we figured it out, build his credit, removed the negative items. And, you know, hey, years later, I mean, you know, over $1.5 million in credit in less than 11 months. And that's a story, as I told you the other day that I will go into in detail at some other time. But sometimes what all it takes is just breaking things down looking at the facts in saying you know what, yeah, it's a little bit frustrating right now. But if we want these houses and these loans and these credit cards and these high limit credit cards and like you know better neighborhoods and everything that credit affords you, it's going to take just a little bit of work, and you'll be able to get them right. So don't get frustrated. We don't get mad, we don't get stressed out. We turn stress into strength and we get money, right? That's all that it's about. So anyways, like this video, subscribe if you haven't done so and I will see you later. Transcribed by https://otter.ai