Martin Lewis: How credit scoring works – a quick game to explain…

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Information Martin Lewis: How credit scoring works – a quick game to explain…

Title	:	Martin Lewis: How credit scoring works – a quick game to explain…
Lasting	:	3.00
Date of publication	:
Views	:	13 rb

Please give WARNING at the beginning of this video maestro☝️😄my heart rate went up " IN FULL " and i could have a sudden heart attack for just trying to save some pennies my friend☝️🤪😂
Comment from : Arian

So, I was in a pub My wallet was bulging, I’d just been paid! 3 girls, I’d never met before, eached approached me separately asking to borrow money One was in her late teens and still at university One was in her early 20s and unemployed The other, in her mid 20s worked for a high street bank Which girl did I lend money to?brbrThe blond girl, with big tits, sporting a really short skirt Of course!
Comment from : Howard Skeivys

2:37 Relax Martin! SHHHHEEEESSSSH
Comment from : Zeeshan Muhammad

“good credit citizen”brSlipped up there Martin Lewis!! brSocial Credit System written all over you brThey won’t thank you for it Martin, they will cast you aside as soon as they have finished with you Your not one of them and your not one of us, ur just their Puppet!
Comment from : Awaken2TheTruth

sad that this feels like teaching people how to apply to borrow money they probably wont afford to pay back
Comment from : Ben Jammin

Never make debt you can never pay back
Comment from : Carl Conner

Dont shout FFS
Comment from : TwistedCherryPop

In other words pay cash
Comment from : Wood Nugget

All growth plans are pointless, national government debt is growing at 5k per second and now totals at 26 Trillion this will never be repaid, it’s impossible at this point brTheir only option is to devalue the currency which in turn devalues their debt brbrI’m 2021 11 of total uk government spending was just paying the interest on the debt this will only get bigger and bigger and bigger they will continue ti devalue the pound through inflation The nhs, unfounded pensions, military, social care spending can only decrease as a result of this brbrThis who don’t own Gold, Land and Bitcoin (scarce assets) will get left behind as the pound is devalued and continue to think left or right is the
Comment from : TheFourSatoshis

The only thing I've ever borrowed for was a mortgage and that was paid off many years ago Now I have difficulty when I even want to transfer my cash ISA to another building society They can never 'verify my identity' Infuriating
Comment from : World of Randometry

can someone make a meme out of the INFULL cmon tiktokers!
Comment from : constantfear

You frightened the frigging life out of me!!
Comment from : Justine

I'm 32 & don't have any creditI buy everything outright with cash! Yep even my cars & houses I sometimes wonder if I could even get a loan with no credit records apart from zero financial defaults or late bill paymentsever!
Comment from : Paul Hitchens

That's fine, but what if you are on universal credit and can't do this
Comment from : Diane Paterson

Good to know another systemic issue that will affect the neurodivergent disproportionately Can we stop this IN FULL!? Can we make a system that isn't so ableist?
Comment from : mark nugent

Credit scores are hopelessly flawed Renters are excluded from having their monthly payments included and the self employed and those with low incomes but high savings also struggle It's not necessarily a good gauge I have a good score but I can't get a rental agreement because I am self employed and my squeaky clean renting history doesn't count
Comment from : Work In Progress

Anyone watching this with headphones in, be careful when you reach 239 😅 I pooped myself 🙈
Comment from : buttercup

His dog must of bite him at that point he said in full 🤣 but like a proffessional he powered on regardless of the fact he is now missing a foot Btw if your young living at home, buying your first car, even if you can afford to pay for it out right, dont take a loan with low interest or zero if you can and pay it over a year or two instead that will help put you on the radar Similarly buying furniture etc any zero interest loans just do that hell I own my house and car but I'll still do monthly payments if I get a good deal, there is no finish line on credit scoring
Comment from : Ash Redfern

No more jump scares please I got some funny looks at work!
Comment from : TKGriffiths

In full is the key When you don’t it takes extra months to finish all the interest In US it is calculated interest as you go For gasoline credit is the best way to pay out the card in Pump It’s done You don’t hold the line up going in and out You usually know how much it will be every month as well Easy enough to track And there are things you just need a card for Hotel for instance A car repair In the US medical bill In a year the $50 item you will have spent $60 on Why pay 20 or more more than the actual item or service?
Comment from : kristine Sharp

In the 90’s US they were giving stuff to university students to apply for credit cards My parents were floored as they had the same trouble to get a credit history to get a card but could not build a credit history as Mr Lewis described I think they managed a gas station card eventually I think it got people into trouble but I remember the credit limits being $500-$$1000 Not horrible Students were already taking out many thousand in loan for tuition and sometimes room and board
Comment from : kristine Sharp

Bro you nearly gave me a heart attack with IN FULL
Comment from : David Gray

Thank You Martin Lewis!
Comment from : Lloyd

Made me jump in my chair with the 'IN FULL'
Comment from : Ross Purves

Martin, Start a campaign to get the 5 VAT taken off energy bills please
Comment from : Steve B

Martin saying "IN FULL" scared the sh*t out of me 😂
Comment from : David Darnes

The biggest threat to your credit score is not how you manage your debts, borrow money etc, but private parking companies who try every trick in the book to make you pay, and use old addresses etc, to try and get a default CCJ (whereby you receive absolutely no correspondence, yet the apply to the count court for a default CCJ – apparently they get about a million of these a year and use court loop holes (as you cannot amend your address – only the parking company) – it’s a national scandal
Comment from : Samuel j

Real world example for those wondering like I was at the end of last year, my credit score went from about 550 to 800 in a few months just by getting a 0 credit card and using it to buy fuel and pay for car services etc brbrI only use it to buy stuff I’d absolutely have to buy anyway and pay it off in full via direct debit
Comment from : Matching Apples