1 00:00:00,040 --> 00:00:03,600 Speaker 1: An illegal alien from Guatemala charged with raping a child 2 00:00:03,680 --> 00:00:07,480 Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador 3 00:00:07,720 --> 00:00:11,840 Speaker 1: accused of murdering a Texas man of Venezuelan charged with 4 00:00:11,920 --> 00:00:15,840 Speaker 1: filming and selling child pornography in Michigan. These are just 5 00:00:15,920 --> 00:00:19,680 Speaker 1: some of the heinous migrant criminals caught because of President 6 00:00:19,720 --> 00:00:23,320 Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States 7 00:00:23,320 --> 00:00:28,120 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 8 00:00:28,160 --> 00:00:31,680 Speaker 1: crossings are at the lowest levels ever recorded, and over 9 00:00:31,760 --> 00:00:34,960 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 10 00:00:35,040 --> 00:00:38,920 Speaker 1: are here illegally, your next you will be fined nearly 11 00:00:39,000 --> 00:00:43,000 Speaker 1: one thousand dollars a day, imprisoned, and deported. You will 12 00:00:43,040 --> 00:00:46,680 Speaker 1: never return. But if you register using our CBP home 13 00:00:46,720 --> 00:00:50,120 Speaker 1: app and leave now, you could be allowed to return legally. 14 00:00:50,479 --> 00:00:55,240 Speaker 1: Do what's right. Leave now. Under President Trump, America's laws, 15 00:00:55,400 --> 00:00:57,840 Speaker 1: border and families will be protected. 16 00:00:57,920 --> 00:01:00,000 Speaker 2: Sponsored by the United States Department of Homeland Security. 17 00:01:00,160 --> 00:01:02,960 Speaker 3: There's the importance of having credit at a young age. 18 00:01:03,000 --> 00:01:05,800 Speaker 3: Like you said, one of those factors is the credit age, right, 19 00:01:05,880 --> 00:01:08,640 Speaker 3: and so if we're getting credit at twenty twenty three 20 00:01:08,680 --> 00:01:11,319 Speaker 3: years old, we've missed some years that we actually could 21 00:01:11,360 --> 00:01:13,840 Speaker 3: have to talk about the importance of establishing credit at 22 00:01:13,840 --> 00:01:16,600 Speaker 3: a younger age, maybe talk about authorized users and things 23 00:01:16,600 --> 00:01:16,959 Speaker 3: like that. 24 00:01:17,040 --> 00:01:17,240 Speaker 4: Yeah. 25 00:01:17,280 --> 00:01:22,199 Speaker 5: Absolutely, So for the parents out there, I recommend every parent, 26 00:01:22,240 --> 00:01:24,360 Speaker 5: if you can, if you have a credit card that 27 00:01:24,440 --> 00:01:26,320 Speaker 5: you know you're not going to you know, pay later 28 00:01:26,400 --> 00:01:29,200 Speaker 5: or whatever, and with good history, I recommend to add 29 00:01:29,240 --> 00:01:31,560 Speaker 5: your child at no later than seventeen. 30 00:01:31,959 --> 00:01:32,039 Speaker 3: Now. 31 00:01:32,440 --> 00:01:34,280 Speaker 5: Now, if your child is eighteen, obviously you can add them. 32 00:01:34,280 --> 00:01:38,480 Speaker 5: But adding your child from the ages of sixteen through 33 00:01:38,520 --> 00:01:42,200 Speaker 5: seventeen will set them up for when they turn eighteen, 34 00:01:42,240 --> 00:01:45,360 Speaker 5: they'll already have an established credit profile. Most people don't 35 00:01:45,360 --> 00:01:48,120 Speaker 5: realize that you do not have a FYCO score just 36 00:01:48,160 --> 00:01:50,560 Speaker 5: because you turned eighteen. You have to have six months 37 00:01:50,600 --> 00:01:53,800 Speaker 5: of credit history with at least two accounts before FICO 38 00:01:53,960 --> 00:01:55,200 Speaker 5: will issue. 39 00:01:54,920 --> 00:01:55,760 Speaker 4: You a credit score. 40 00:01:55,880 --> 00:01:59,000 Speaker 5: Right, So, as opposed to just starting at eighteen and 41 00:01:59,040 --> 00:02:01,400 Speaker 5: building your own credit, if you have a parent, a 42 00:02:01,440 --> 00:02:03,840 Speaker 5: responsible parent that will put you on their credit card 43 00:02:04,280 --> 00:02:06,760 Speaker 5: prior at least six months prior to your eighteenth birthday, 44 00:02:07,280 --> 00:02:10,000 Speaker 5: you'll already start off, you know, a little ahead of 45 00:02:10,040 --> 00:02:11,960 Speaker 5: the pack, right, so, as opposed to getting those entry 46 00:02:12,000 --> 00:02:15,400 Speaker 5: level credit cards. Sometimes you can get quality offers because 47 00:02:15,680 --> 00:02:17,519 Speaker 5: it's really easy to get a seven hundred credit score, 48 00:02:17,560 --> 00:02:20,079 Speaker 5: especially if you have no collections or you haven't messed 49 00:02:20,160 --> 00:02:22,040 Speaker 5: up your credit yet, it is super easy to get 50 00:02:22,040 --> 00:02:26,480 Speaker 5: seven hundred. So adding, if you have the opportunity to 51 00:02:26,480 --> 00:02:30,200 Speaker 5: be an authorized user on a family member's card and 52 00:02:30,360 --> 00:02:32,600 Speaker 5: if you share an address with them, it's better because 53 00:02:32,639 --> 00:02:37,160 Speaker 5: nowadays the anti abuse laws affects out effects trade lines 54 00:02:37,680 --> 00:02:40,400 Speaker 5: authorized users, and so if you have the same address 55 00:02:40,480 --> 00:02:42,880 Speaker 5: or the same last name, you'll be more credited for 56 00:02:42,919 --> 00:02:46,079 Speaker 5: those accounts right or for the yeah, for the authorized 57 00:02:46,120 --> 00:02:50,000 Speaker 5: user accounts setting once you turn eighteen though, because this 58 00:02:50,040 --> 00:02:52,600 Speaker 5: is the mistake a lot of parents make. They'll put 59 00:02:52,600 --> 00:02:55,120 Speaker 5: their child on their credit card at like fifteen, sixteen, whatever, 60 00:02:55,200 --> 00:02:57,800 Speaker 5: and then whenever they turn eighteen, the child will have 61 00:02:57,840 --> 00:03:01,360 Speaker 5: like a seven hundred credit score, and as opposed to 62 00:03:02,639 --> 00:03:04,920 Speaker 5: making the child or having the child apply for their 63 00:03:04,960 --> 00:03:09,360 Speaker 5: own accounts, they just kind of lean on lian on 64 00:03:09,440 --> 00:03:12,240 Speaker 5: mom's card or mom's credit history and think that it's 65 00:03:12,320 --> 00:03:14,480 Speaker 5: going to take them far. And that's where they run 66 00:03:14,480 --> 00:03:16,760 Speaker 5: into the situation of having a high credit score but 67 00:03:16,800 --> 00:03:19,920 Speaker 5: not a lot of credit, not a worthy credit credit 68 00:03:20,000 --> 00:03:23,360 Speaker 5: borrow wing right, So you need to make sure that 69 00:03:23,440 --> 00:03:26,080 Speaker 5: when that child turns it turns eighteen. Like on my 70 00:03:26,200 --> 00:03:28,600 Speaker 5: children on their eighteenth birthday, we're going to be applying 71 00:03:28,600 --> 00:03:31,440 Speaker 5: for a credit card on their eighteen birthday. Because the earlier, 72 00:03:31,639 --> 00:03:35,360 Speaker 5: the earlier, the better. Apply for a credit card. Please 73 00:03:35,440 --> 00:03:37,440 Speaker 5: apply for a credit card before a student loan. That's 74 00:03:37,520 --> 00:03:40,800 Speaker 5: just like a side note, that's one of the things, 75 00:03:40,800 --> 00:03:42,200 Speaker 5: that's one of the mistakes that I wish that I 76 00:03:42,200 --> 00:03:45,280 Speaker 5: can catch with a lot of people. Having a credit 77 00:03:45,360 --> 00:03:48,840 Speaker 5: card be your first established account. Your credit age is 78 00:03:48,960 --> 00:03:51,720 Speaker 5: going to be reliant on that account. The great thing 79 00:03:51,760 --> 00:03:54,080 Speaker 5: about credit cards is they can be open forever. Like 80 00:03:54,520 --> 00:03:57,240 Speaker 5: there is no end date to a credit card unless 81 00:03:57,280 --> 00:03:59,400 Speaker 5: you choose to close the card or the bank chooses 82 00:03:59,440 --> 00:04:02,000 Speaker 5: to close the car. Whereas a loan, every loan has 83 00:04:02,000 --> 00:04:05,640 Speaker 5: a term date. Every loan will end eventually. So when 84 00:04:05,640 --> 00:04:08,480 Speaker 5: your credit age is based on a loan, once that 85 00:04:08,640 --> 00:04:12,440 Speaker 5: once that account closes, yeah, yeah, your credit is going. 86 00:04:12,400 --> 00:04:13,400 Speaker 4: To be affected drastically. 87 00:04:13,440 --> 00:04:15,560 Speaker 5: Right. So if you have your first established account as 88 00:04:15,560 --> 00:04:17,919 Speaker 5: a credit card, that's sort of like a safety blanket 89 00:04:17,960 --> 00:04:21,840 Speaker 5: for your credit age. And so make sure at eighteen 90 00:04:21,920 --> 00:04:23,360 Speaker 5: apply for a card. It could be a It can 91 00:04:23,400 --> 00:04:25,880 Speaker 5: be a secure card, it can be a subprime card. Whatever. 92 00:04:26,040 --> 00:04:28,919 Speaker 5: Apply for a credit card and then start to build 93 00:04:28,920 --> 00:04:31,520 Speaker 5: your own credit history because authorized users can only take 94 00:04:31,560 --> 00:04:33,040 Speaker 5: you so far, and not very far. 95 00:04:33,080 --> 00:04:34,200 Speaker 2: Nowadays, it's a quick fall. 96 00:04:34,279 --> 00:04:36,200 Speaker 3: Because you did bring up closing cards, and I know 97 00:04:36,240 --> 00:04:37,840 Speaker 3: a lot of people as they're trying to fix their 98 00:04:37,880 --> 00:04:39,960 Speaker 3: credit like, all right, well I paid it off, let 99 00:04:40,000 --> 00:04:43,760 Speaker 3: me close it. About how that could negatively affect. 100 00:04:44,839 --> 00:04:45,360 Speaker 4: Yeah, it could. 101 00:04:46,360 --> 00:04:48,520 Speaker 5: My rule of thumb when it comes to closing credit 102 00:04:48,520 --> 00:04:50,960 Speaker 5: cards is if you have if the credit card has 103 00:04:50,960 --> 00:04:54,560 Speaker 5: an annual fee and you're not getting any increases and 104 00:04:54,760 --> 00:04:57,880 Speaker 5: the it's just not worth it to keep it. There 105 00:04:57,920 --> 00:04:59,800 Speaker 5: will be there will come a time where you'll probably 106 00:04:59,839 --> 00:05:02,279 Speaker 5: want to close that card. When you close that card 107 00:05:02,320 --> 00:05:03,039 Speaker 5: is super important. 108 00:05:03,120 --> 00:05:03,599 Speaker 4: Number one. 109 00:05:03,720 --> 00:05:07,440 Speaker 5: If you are applying for anything, any large purchase like 110 00:05:07,480 --> 00:05:09,880 Speaker 5: a car or home within the next six months, it's 111 00:05:09,920 --> 00:05:11,000 Speaker 5: not the time to close that card. 112 00:05:11,040 --> 00:05:13,720 Speaker 4: Close it after you get your car, your home, whatever. 113 00:05:14,800 --> 00:05:16,479 Speaker 5: The only time I would suggest you closing the credit 114 00:05:16,520 --> 00:05:18,320 Speaker 5: card is if you if you know, like I said, 115 00:05:18,360 --> 00:05:22,440 Speaker 5: six months free of any applications, and also make sure 116 00:05:22,440 --> 00:05:26,359 Speaker 5: that you have another card before you close that card, 117 00:05:26,600 --> 00:05:28,520 Speaker 5: Like do not like I see people all the time 118 00:05:28,560 --> 00:05:30,640 Speaker 5: like I just hate this card, I want to close it, etc. 119 00:05:30,960 --> 00:05:32,799 Speaker 5: And it's just like that's going to do more harm 120 00:05:32,839 --> 00:05:35,320 Speaker 5: than good. I have a two hundred dollars Capital one 121 00:05:35,320 --> 00:05:38,320 Speaker 5: card that I've had since college. That card is still open. 122 00:05:38,360 --> 00:05:40,360 Speaker 5: I haven't gotten an increase in years. I don't even 123 00:05:40,480 --> 00:05:42,760 Speaker 5: care to use the card. I keep it open. Specifically 124 00:05:42,760 --> 00:05:47,080 Speaker 5: because credit age. An aged credit card is the most 125 00:05:47,080 --> 00:05:49,080 Speaker 5: beneficial thing that you can have on your credit report, 126 00:05:49,320 --> 00:05:52,120 Speaker 5: that like the most and it's one of those things 127 00:05:52,160 --> 00:05:54,880 Speaker 5: that's like the gift that never never stops giving because 128 00:05:55,320 --> 00:05:57,560 Speaker 5: every single three to six months that a car ages, 129 00:05:57,920 --> 00:06:00,680 Speaker 5: it's going to add more to your credit and also 130 00:06:00,760 --> 00:06:03,920 Speaker 5: your fical points. So keep that in mind. 131 00:06:03,960 --> 00:06:07,120 Speaker 3: So don't earners, what's up. You ever walk into a 132 00:06:07,120 --> 00:06:10,880 Speaker 3: small business and everything just works like the checkout is fast, 133 00:06:10,880 --> 00:06:14,680 Speaker 3: the receipts are digital, tipping is a breeze, and you're 134 00:06:14,720 --> 00:06:17,400 Speaker 3: out the door before the line even builds. Odds are 135 00:06:17,920 --> 00:06:21,479 Speaker 3: they're using Square. We love supporting businesses that run on 136 00:06:21,520 --> 00:06:24,279 Speaker 3: Square because it just feels seamless, whether it's a local 137 00:06:24,320 --> 00:06:27,200 Speaker 3: coffee shop, a vendor at a pop up market, or 138 00:06:27,240 --> 00:06:30,400 Speaker 3: even one of our merch partners. Square makes it easy 139 00:06:30,440 --> 00:06:33,640 Speaker 3: for them to take payments, manage inventory, and run their 140 00:06:33,680 --> 00:06:37,680 Speaker 3: business with confidence, all from one simple system. If you're 141 00:06:37,720 --> 00:06:40,960 Speaker 3: a business owner or even just thinking about launching something soon, 142 00:06:41,360 --> 00:06:43,920 Speaker 3: Square is hands down one of the best tools out 143 00:06:43,960 --> 00:06:47,240 Speaker 3: there to help you start, run and grow. It's not 144 00:06:47,320 --> 00:06:50,520 Speaker 3: just about payments, it's about giving you time back so 145 00:06:50,560 --> 00:06:53,240 Speaker 3: you can focus on what matters most ready. To see 146 00:06:53,240 --> 00:06:57,720 Speaker 3: how Square can transform your business, visit Square dot com backslash, 147 00:06:57,800 --> 00:07:02,960 Speaker 3: go backslash eyl to learn more that Square dot com backslash, 148 00:07:03,000 --> 00:07:07,599 Speaker 3: go backslash eyl. Don't wait, don't hesitate. Let's Square handle 149 00:07:07,640 --> 00:07:11,520 Speaker 3: the back end so you can keep pushing your vision forward. 150 00:07:13,920 --> 00:07:16,160 Speaker 3: This episode is brought to you by P and C Bank. 151 00:07:16,560 --> 00:07:19,320 Speaker 3: A lot of people think podcasts about work are boring, 152 00:07:19,520 --> 00:07:23,360 Speaker 3: and sure, they definitely can be, but understanding a professionals 153 00:07:23,440 --> 00:07:26,720 Speaker 3: routine shows us how they achieve their success little by little, 154 00:07:27,080 --> 00:07:30,720 Speaker 3: day after day. It's like banking with P and C Bank. 155 00:07:31,200 --> 00:07:34,000 Speaker 3: It might seem boring to save, plan and make calculated 156 00:07:34,040 --> 00:07:37,120 Speaker 3: decisions with your bank, but keeping your money boring is 157 00:07:37,160 --> 00:07:40,480 Speaker 3: what helps you live a more happily fulfilled life. P 158 00:07:40,600 --> 00:07:45,440 Speaker 3: and C Bank brilliantly Boring since eighteen sixty five. Brilliantly 159 00:07:45,480 --> 00:07:48,120 Speaker 3: Boring since eighteen sixty five is a service mark of 160 00:07:48,160 --> 00:07:51,400 Speaker 3: the PNC Financial Service Group, Inc. P and C Bank 161 00:07:51,800 --> 00:07:54,000 Speaker 3: National Association Member FDIC. 162 00:07:55,760 --> 00:07:59,360 Speaker 1: An illegal alien from Guatemala charged with raping a child 163 00:07:59,440 --> 00:08:03,280 Speaker 1: in Master An MS thirteen gang member from Al Salvador 164 00:08:03,520 --> 00:08:07,640 Speaker 1: accused of murdering a Texas man of Venezuelan charged with 165 00:08:07,720 --> 00:08:11,600 Speaker 1: filming and selling child pornography in Michigan. These are just 166 00:08:11,720 --> 00:08:15,480 Speaker 1: some of the heinous migrant criminals caught because of President 167 00:08:15,520 --> 00:08:19,040 Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States 168 00:08:19,120 --> 00:08:23,920 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 169 00:08:23,920 --> 00:08:27,480 Speaker 1: crossings are at the lowest levels ever recorded, and over 170 00:08:27,560 --> 00:08:29,800 Speaker 1: one hundred thousand illegal aliens. 171 00:08:29,360 --> 00:08:30,200 Speaker 2: Have been arrested. 172 00:08:30,480 --> 00:08:34,040 Speaker 1: If you are here illegally, your next you will be 173 00:08:34,080 --> 00:08:37,960 Speaker 1: fined nearly one thousand dollars a day, imprisoned, and deported. 174 00:08:38,400 --> 00:08:41,640 Speaker 1: You will never return. But if you register using our 175 00:08:41,679 --> 00:08:44,880 Speaker 1: CBP home app and leave now, you could be allowed 176 00:08:44,920 --> 00:08:49,880 Speaker 1: to return legally. Do what's right. Leave now. Under President Trump, 177 00:08:50,040 --> 00:08:53,640 Speaker 1: America's laws, border and families will be protected. 178 00:08:53,720 --> 00:08:56,160 Speaker 2: Sponsored by the United States Department of Homeland Security, I'll. 179 00:08:56,000 --> 00:08:59,080 Speaker 5: Close the car, and unless you have to, if you 180 00:08:59,080 --> 00:09:01,320 Speaker 5: have a car that you don't use, put a subscription 181 00:09:01,400 --> 00:09:04,680 Speaker 5: on it. I have Netflix, like use one, use pick 182 00:09:04,679 --> 00:09:06,959 Speaker 5: one of your subscriptions that you probably have coming out 183 00:09:06,960 --> 00:09:09,880 Speaker 5: of your bank account. Assign those to each of you know, 184 00:09:09,920 --> 00:09:12,440 Speaker 5: each of your credit cards so that it can have usage, 185 00:09:12,440 --> 00:09:15,840 Speaker 5: so the bank will not close it due to non usage. 186 00:09:16,120 --> 00:09:19,200 Speaker 2: So what about putting your child on the credit card? 187 00:09:19,480 --> 00:09:21,520 Speaker 4: Yes, as a child, Yeah, for I. 188 00:09:21,880 --> 00:09:24,440 Speaker 5: So the one of the things that people think that 189 00:09:24,720 --> 00:09:26,480 Speaker 5: makes some difference is if they add their child at 190 00:09:26,480 --> 00:09:29,880 Speaker 5: like twelve or thirteen. That doesn't make it regardless if 191 00:09:29,920 --> 00:09:31,360 Speaker 5: you add your child at twelve or if you add 192 00:09:31,360 --> 00:09:34,120 Speaker 5: them at seventeen, it will not make a difference in 193 00:09:34,200 --> 00:09:36,320 Speaker 5: terms of the effect that it will have on their 194 00:09:36,360 --> 00:09:37,040 Speaker 5: credit reports. 195 00:09:37,040 --> 00:09:38,120 Speaker 4: That's a misconception. 196 00:09:38,240 --> 00:09:42,280 Speaker 5: However, me personally, I would suggest, like I said, adding 197 00:09:42,280 --> 00:09:45,120 Speaker 5: your child at like seventeen when you when someone asks 198 00:09:45,120 --> 00:09:47,439 Speaker 5: their child at thirteen, to me, it just that's a 199 00:09:47,720 --> 00:09:51,439 Speaker 5: that's that's what seven years seven eight years until they 200 00:09:51,480 --> 00:09:54,200 Speaker 5: turn eighteen, and that's a lot of room. It leaves 201 00:09:54,200 --> 00:09:55,839 Speaker 5: a lot of room open for a mistake. What happens 202 00:09:55,840 --> 00:09:57,240 Speaker 5: if you get a lay payment on their card, and 203 00:09:57,280 --> 00:10:00,560 Speaker 5: now your child's credit will be a f before they 204 00:10:00,559 --> 00:10:04,400 Speaker 5: can even establish credit. So we never know what can happen, right, 205 00:10:04,440 --> 00:10:08,800 Speaker 5: so I just for I just recommend, like I'll personally, 206 00:10:08,840 --> 00:10:11,240 Speaker 5: I'm adding my children at one day turn seventeen. As 207 00:10:11,240 --> 00:10:13,400 Speaker 5: long as you have six months before they turn eighteen, 208 00:10:13,559 --> 00:10:14,319 Speaker 5: they're fine. 209 00:10:14,559 --> 00:10:18,280 Speaker 3: I was a beneficiary of that, so I was added 210 00:10:18,320 --> 00:10:20,240 Speaker 3: to my mom's I told the story before, but I 211 00:10:20,280 --> 00:10:24,240 Speaker 3: was added to my mom's American Express card at six seventeen. 212 00:10:24,800 --> 00:10:26,440 Speaker 3: And so now even when I get the cards, it'll 213 00:10:26,480 --> 00:10:28,559 Speaker 3: say members since eighty five, even though I was born 214 00:10:28,600 --> 00:10:31,760 Speaker 3: in eighty two, but my credit history goes back that far, 215 00:10:31,840 --> 00:10:34,520 Speaker 3: so it's over thirty seven years. So every time I 216 00:10:34,559 --> 00:10:37,280 Speaker 3: get a new card, it gets averaged into that. Yeah, 217 00:10:37,400 --> 00:10:39,360 Speaker 3: so I think when I mean that's a blessing, it 218 00:10:39,440 --> 00:10:41,520 Speaker 3: was a blessing, and that it's still a blessing. Actually 219 00:10:41,559 --> 00:10:43,440 Speaker 3: I still have the card because I just want that 220 00:10:43,559 --> 00:10:46,520 Speaker 3: history because sure that thirty seven years plus a one 221 00:10:46,600 --> 00:10:50,240 Speaker 3: they average, it makes it like sixteen years of credit age. 222 00:10:50,280 --> 00:10:51,880 Speaker 3: So I'm like that works perfectly. 223 00:10:51,960 --> 00:10:55,440 Speaker 5: In American Express is a huge relation bank like indeed, 224 00:10:55,559 --> 00:10:58,360 Speaker 5: man having a long stand of relationship with them, you 225 00:10:58,400 --> 00:10:59,120 Speaker 5: can get anything. 226 00:10:59,520 --> 00:11:00,400 Speaker 2: This is true. 227 00:11:00,800 --> 00:11:03,400 Speaker 3: But we talked about the number seven hundred, and it's key, 228 00:11:03,640 --> 00:11:05,600 Speaker 3: and I don't want people to you know, some people 229 00:11:05,640 --> 00:11:08,000 Speaker 3: may not have seven hundred, but it feels like that's 230 00:11:08,040 --> 00:11:11,040 Speaker 3: the goal. But there are people like, what are the 231 00:11:11,160 --> 00:11:13,920 Speaker 3: numbers that in the range that people should be trying 232 00:11:13,920 --> 00:11:15,319 Speaker 3: to get to seven hundred. 233 00:11:15,080 --> 00:11:17,160 Speaker 2: Seven to fifty? I know we got some eight fifties 234 00:11:17,200 --> 00:11:17,600 Speaker 2: out there. 235 00:11:18,000 --> 00:11:18,360 Speaker 4: Yeah. 236 00:11:18,400 --> 00:11:22,079 Speaker 5: So I'm a little different when it comes to credit scores, right, 237 00:11:22,120 --> 00:11:24,880 Speaker 5: because I know the scoring model and how much your 238 00:11:24,920 --> 00:11:29,320 Speaker 5: credit profile matters. Most people don't believe me when I 239 00:11:29,360 --> 00:11:32,160 Speaker 5: say I had over one hundred thousand dollars in credit 240 00:11:32,160 --> 00:11:34,520 Speaker 5: card limits before my score was seven hundred, right, And 241 00:11:34,559 --> 00:11:37,080 Speaker 5: it was simply because I learned how to set up 242 00:11:37,080 --> 00:11:41,960 Speaker 5: my credit profile that will that far past my credit score. 243 00:11:42,480 --> 00:11:44,040 Speaker 5: There's a lot of time there's a lot of people 244 00:11:44,040 --> 00:11:46,080 Speaker 5: who have over seven hundred and still can't get approved 245 00:11:46,120 --> 00:11:48,520 Speaker 5: for over ten thousand dollars twenty thousand dollars right because 246 00:11:48,520 --> 00:11:52,680 Speaker 5: their borring power does not match their score. So I 247 00:11:52,960 --> 00:11:56,960 Speaker 5: don't ever recommend a specific score. What I will say is, 248 00:11:57,000 --> 00:11:59,760 Speaker 5: like I always say, a healthy profile will translate if 249 00:11:59,760 --> 00:12:02,840 Speaker 5: you people need to focus on their credit profile more, 250 00:12:03,200 --> 00:12:05,800 Speaker 5: meaning making sure you don't have any lay payments. If 251 00:12:05,800 --> 00:12:09,240 Speaker 5: you do have lay payments, try to rectify those. If 252 00:12:09,240 --> 00:12:12,640 Speaker 5: you have collections, try to try to rectify all of 253 00:12:12,679 --> 00:12:14,160 Speaker 5: your credit issues. 254 00:12:14,720 --> 00:12:16,840 Speaker 4: Make sure that you have at least. 255 00:12:16,679 --> 00:12:20,040 Speaker 5: Four accounts open at all times, like after you begin 256 00:12:20,160 --> 00:12:21,880 Speaker 5: to build credit. There should never be a time where 257 00:12:21,880 --> 00:12:25,160 Speaker 5: your credit profile goes below three open account or goes 258 00:12:25,200 --> 00:12:28,040 Speaker 5: below four open accounts any time. Regardless, you can have 259 00:12:28,080 --> 00:12:30,560 Speaker 5: an eight hundred credit score. If you do not have 260 00:12:30,600 --> 00:12:34,319 Speaker 5: at least four accounts open, any application that you do, 261 00:12:34,400 --> 00:12:38,720 Speaker 5: you're going to get what's called an empty profile penalty, right, 262 00:12:38,920 --> 00:12:40,400 Speaker 5: and we don't see this as consumers. 263 00:12:40,400 --> 00:12:42,960 Speaker 4: We can't see this on our credit score or our 264 00:12:43,000 --> 00:12:43,600 Speaker 4: credit report. 265 00:12:43,679 --> 00:12:47,040 Speaker 5: However, when it comes to lenders and how our credit 266 00:12:47,080 --> 00:12:52,920 Speaker 5: reports are assigned and how they translate over to their system, 267 00:12:53,520 --> 00:12:56,240 Speaker 5: if you have less than three accounts open, four accounts open, 268 00:12:56,400 --> 00:12:59,760 Speaker 5: then regardless of your score, you automatically penalize. You're automatically 269 00:12:59,800 --> 00:13:03,320 Speaker 5: moved moved down to a lower tier of borrowing power, 270 00:13:03,679 --> 00:13:07,240 Speaker 5: multiple tiers rather, So that's going to be more important. 271 00:13:07,280 --> 00:13:12,199 Speaker 5: Making sure you're not applying for a let's just say 272 00:13:12,200 --> 00:13:15,600 Speaker 5: an American Express card if you have just opened up 273 00:13:15,720 --> 00:13:18,120 Speaker 5: two other credit cards in the last six months, right, 274 00:13:18,760 --> 00:13:19,640 Speaker 5: So those are the things that. 275 00:13:19,640 --> 00:13:21,400 Speaker 4: Speaks more to like your approval. 276 00:13:21,840 --> 00:13:23,720 Speaker 5: Now when it comes to score, if I had to say, 277 00:13:23,840 --> 00:13:25,720 Speaker 5: I would say six. 278 00:13:25,600 --> 00:13:26,280 Speaker 4: Eighty and above. 279 00:13:26,320 --> 00:13:28,520 Speaker 5: You pretty much with a healthy profile, you pretty much 280 00:13:28,559 --> 00:13:33,160 Speaker 5: can get anything since eight six eighty and it's super 281 00:13:33,200 --> 00:13:34,800 Speaker 5: And the thing is, it's so And I know this 282 00:13:34,880 --> 00:13:37,400 Speaker 5: probably sounds far fetched to a lot of. 283 00:13:37,360 --> 00:13:39,800 Speaker 4: People, but it's so easy to get a six eighty. 284 00:13:39,840 --> 00:13:41,720 Speaker 5: Like I actually tell people, if you don't have at 285 00:13:41,760 --> 00:13:45,000 Speaker 5: least a six fifty, then usually one of three things 286 00:13:45,040 --> 00:13:48,040 Speaker 5: are the case you had a recent collection within eighteen months, 287 00:13:48,400 --> 00:13:51,400 Speaker 5: a recent aid payment within twenty four months, or you 288 00:13:51,440 --> 00:13:54,120 Speaker 5: have high utilization, Because as long as you don't have those, 289 00:13:54,160 --> 00:13:56,320 Speaker 5: you at least you should at least have a six fifty, 290 00:13:56,559 --> 00:13:58,480 Speaker 5: just in terms of how your credit scores, how our 291 00:13:58,480 --> 00:13:59,679 Speaker 5: credit scores are allotted. 292 00:14:00,000 --> 00:14:03,560 Speaker 1: An illegal alien from Guatemala charged with raping a child 293 00:14:03,559 --> 00:14:07,360 Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador 294 00:14:07,600 --> 00:14:11,760 Speaker 1: accused of murdering a Texas man of Venezuelan charged with 295 00:14:11,840 --> 00:14:15,720 Speaker 1: filming and selling child pornography in Michigan. These are just 296 00:14:15,800 --> 00:14:19,520 Speaker 1: some of the heinous migrant criminals caught because of President 297 00:14:19,600 --> 00:14:23,200 Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States 298 00:14:23,200 --> 00:14:28,000 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 299 00:14:28,040 --> 00:14:31,600 Speaker 1: crossings are at the lowest levels ever recorded, and over 300 00:14:31,640 --> 00:14:34,880 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 301 00:14:34,920 --> 00:14:38,800 Speaker 1: are here illegally, your next you will be fined nearly 302 00:14:38,880 --> 00:14:42,040 Speaker 1: one thousand dollars a day, imprisoned, and deported. 303 00:14:42,520 --> 00:14:43,680 Speaker 4: You will never return. 304 00:14:44,000 --> 00:14:47,000 Speaker 1: But if you register using our CBP home app and 305 00:14:47,120 --> 00:14:50,520 Speaker 1: leave now, you could be allowed to return legally. Do 306 00:14:50,560 --> 00:14:55,680 Speaker 1: what's right. Leave now. Under President Trump, America's laws, border 307 00:14:55,880 --> 00:14:57,720 Speaker 1: and families will be protected. 308 00:14:57,800 --> 00:14:59,920 Speaker 2: Sponsored by the United States Department of Homeland Security.