Bridger PenningtonFund Launch & Investment Expert

Get a 700+ Credit Score in Your 20's! #shorts

29 Nov 2022 · 1 min

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Open one to three credit cards every six months, use them like debit cards, and pay the full balance monthly. This strategy pushed the speaker's credit score above 700 in two to three years, qualifying them for rental properties.

Chapters

Here's exactly how I built my credit. Every 6 months, I opened up 1 to 3 new credit cards. I know this sounds crazy, but it worked. I would then receive those credit cards and start using them, and I would pay off the balances every single month. 6 months later, I would get another 2 credit cards. Another 6 months, I'd get another credit card. 2 of the largest contributing factors to your credit is number of accounts and utilization on those accounts. I used them like a debit card, but over about 2 to 3 years, my credit score jumped to well over 700, and I was able to go qualify now for rental properties.