+
upworthy
Personal Finance

Her credit was an obstacle to buying a house. Here's how she fixed it.

True
Capital One

Karleh Wilson didn't know she had a credit problem until she wanted to buy a house.

Karleh and her fiancée, Kareem, have been living in a rented 3-bedroom home with their daughter, Kaari, in Philadelphia. But when they realized how much money they were forking over in rent that wasn't going towards any long-term investment, they decided to start the process of purchasing their first home.

Karleh researched what she'd need to make that happen, and found out she'd need a credit score of at least 650. However, when she looked at her free credit report, she found out her credit score was a dismal 315. So, in order to get a mortgage, she'd have to find a way to at least double her score, and hopefully get it even higher to land a competitive interest rate.


Karleh Wilson. All photos via Upworthy.

Karleh is a smart and responsible person. She went to an Ivy League school. So how did she end up in such a terrible credit situation?

It came down to an oversight that she made while she was in college.

She had gotten a card at a department store not realizing it was a credit card.

"I remember being in college and getting my first credit card," says Karleh. "I also remember being confused about the difference between a credit card and a store card. At that point, I was still getting used to using a bank account, much less navigating the complicated world of consumer credit."

Since Karleh didn't realize the retail card was actually a credit card, she had been missing payments for quite some time, which ultimately had a negative effect on her credit score.

Like many college kids, she didn't have the financial education to fully understand how credit worked. Karleh's dad feels that he bears some responsibility for that fact. "That's not stuff you talk about in the family," says Karleh's dad. "You don't want to put that stress on your child."

Karleh's dad.

Thankfully, Karleh was able to turn her credit score around with some diligent research and new habits.

She was embarrassed by her low score, and she and Kareem want to raise Kaari in a financially secure household.

Her dad was a big cheerleader throughout the process. He told Karleh she could turn her credit around, and said it with such confidence that she believed him.

Karleh started paying all of her bills on time. She got a credit card that was built for people with poor credit, used it for all of her purchases, and payed it off in full every two weeks. "That really drove my credit through the roof," she says.

"At this point, I've gotten my credit in a really good situation," Karleh says, "and now I'm approved for a mortgage."

At 24 years old, Karleh has gotten her credit under control and will soon be closing on her first home. In addition, she'll be providing a financially savvy example for her daughter, and her dad couldn't be more proud.

To learn more about Karleh's financial journey, check out this video:

She didn't know she had a credit problem until she wanted to buy a house.
Posted by Upworthy on Monday, November 26, 2018

The gaze of the approving Boomer.

Over the past few years, Baby Boomers (1946 to 1964) have been getting a lot of grief from the generations that came after them, Gen X (1965 to 1980), Millenials (1981 to 1996), and now, Gen Z (1997 to 2012). Their grievances include environmental destruction, wealth hoarding, political polarization, and being judgemental when they don’t understand how hard it is for younger people to make it in America these days.

Every Baby Boomer is different, so it's wrong to paint them all with a broad brush. But it’s undeniable that each generation shares common values, and some are bound to come into conflict.

However, life in 2023 isn’t without its annoyances. Many that came about after the technological revolution put a phone in everyone’s hands and brought a whole new host of problems. Add the younger generations' hands-on approach to child rearing and penchant for outrage, and a lot of moden life has become insufferanble.

Keep ReadingShow less

Taylor Swift at 2022 Toronto International Film Festival Red Carpet Day 2.

The wordsmiths over at Merriam-Webster have announced their official “Word of the Year for 2023,” they say it’s something we are “thinking about, writing about, aspiring to, and judging more” than ever.

The word is authentic.

According to the dictionary, the most common definitions of authentic are “not false or imitation,” “being true to one's own personality, spirit, or character,” and “worthy of acceptance or belief as conforming to or based on fact.”

Merriam-Webster says the word saw a “substantial increase” in lookups this year. That’s probably because we now live in a world where artificial intelligence, deepfake technology and questionable memes challenge our basic notions of reality.

Keep ReadingShow less

Prepare to get Thatcherized.

It seems that Adele is going viral once again.

Perhaps you’ve seen the image in question previously (it seems to make the rounds every couple of years). But in case you missed it—it’s Adele’s face. Normal, just upside down.

Only it’s not normal. In fact, when you turn Adele’s face right side up, what you notice is that her eyes and mouth were actually right-side up THE ENTIRE TIME, even though the entire head was upside down. So when you turn the head right side up, the eyes and mouth are now UPSIDE-DOWN—and you can’t unsee it. Do you feel like you're Alice in Wonderland yet?

Keep ReadingShow less
Humor

Iliza Schlesinger's hilarious rant just might unite Gen Zers and millennials

The 40-year-old comedian begs for the younger generation to cut millennials some slack.

@ilizas/TikTok

Comedian iliza Schlesinger urges Gen Z to be nicer to millennials.

Generational differences have long been the bread and butter of TikTok humor, but lately, millennials have been a prime target for their younger Gen Z counterparts.

Clips of Gen Zers mocking stereotypical millennial behavior, otherwise known as “millennial core” is particularly popular—everything from a millennial’s affinity for skinny jeans and self-deprecating humor to their love of the word “adulting” is current fodder for ridicule.

Things have gotten so heated that millennials have, as the kids say, begun serving clapbacks—accusing Gen Zers of acting superior, nihilistic and completely disconnected due to their over-reliance on social media.

But earlier this month, comedian and self-described “elder millennial” Iliza Schlesinger went viral for her rallying cry for both generations to unite. It’s a delightful blend of unhinged and insightful that Schlesinger has truly mastered.

Keep ReadingShow less
Family

New England mall's ingenious ‘Santa elevator' is a child’s Christmas fantasy come true

Natick Mall takes Santa visits to a whole other level with its magical "elevator" to the North Pole.

Visiting Santa at the Natick Mall is an otherworldly experience.

Visiting Santa Claus at the mall is a holiday tradition for countless American families, and it's usually a similar setup no matter where you go. You find the big display with the big Christmas decor, step into a long line of parents and kids ranging from giddy to terrified, wait for Santa's helper dressed in an elf costume to say it's your turn, then take pics of your kid telling a stranger in a Santa suit what they want for Christmas in an effort to give your kids a taste of holiday wonder.

But one mall in Massachusetts has upped the mall Santa bar so far it's above the clouds—literally.

The Natick Mall's "Magic Elevator Express" takes visiting Santa to a whole other magical level that even the Grinchiest of grownups can appreciate. And the idea is so brilliantly simple, it could be replicated just about anywhere.

Keep ReadingShow less

A TikTok post about McDonald's prices and President Joe Biden speaking with attendees at the Moving America Forward Forum.

Sometimes, there are images that perfectly encapsulate a moment in time. In December 2022, a viral TikTok video featuring a burger meal at McDonald's that cost a whopping $16.10 went viral, and to many Americans struggling through inflation, the image rang true.

Topher Olive posted the TikTok video on December 10, 2022, showing a burger, large fries, and a large Coke that cost $16.10.

The price of a value meal at McDonald’s is something that every American understands. The Economist even uses the Big Mac sandwich as a tongue-in-cheek way of measuring the purchasing power between countries.

Surely, if a McDonald’s burger meal was becoming too expensive for the average American to eat for lunch every day, then the country must be headed in a disastrous direction. The image was the perfect weapon for those looking to blame President Biden for his handling of the economy in the aftermath of the COVID-19 pandemic.

Keep ReadingShow less