{"id":9163,"date":"2016-12-14T15:12:04","date_gmt":"2016-12-14T19:12:04","guid":{"rendered":"https:\/\/www.duck9.com\/?p=9163"},"modified":"2016-12-14T17:12:55","modified_gmt":"2016-12-14T21:12:55","slug":"chiang-its-all-about-the-p-it-i","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/chiang-its-all-about-the-p-it-i\/","title":{"rendered":"Chiang: “Its All About the P.I.T.I.”"},"content":{"rendered":"
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By Larry Chiang<\/div>\n
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If you wannna live rent free you’re going to need to pay attention. <\/div>\n
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A house has four things Principal, Interest, Taxes & Insurance. Principal because you are mortgaging, interest because you owe money. <\/span><\/div>\n
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<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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12\/14\/16, 9:29 AM<\/font><\/a><\/div>\n
PITI. Principal, Interest, Taxes & Insurance. pic.twitter.com\/2VrNgR4UZL<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


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PITI = 900.oo<\/span><\/p>\n

Get two roommates who pay you $500\/month in rent. <\/span><\/p>\n


\nTo get a $180k loan as a 22-24 year old, you’re going to need to start building a credit score when you’re 17.5 yo. 17 1\/2 years old, is old enough to start. <\/span><\/p>\n<\/div>\n

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\nStevie has a FICO of 780. <\/span><\/div>\n

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<\/span><\/td>\nStevie Ryan (@StevieRyan<\/a>)<\/b><\/td>\n<\/tr>\n
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7\/12\/16, 5:31 PM<\/font><\/a><\/div>\n
My credit score is 780. pic.twitter.com\/6xRf54BhbW<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span><\/p>\n<\/div>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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7\/24\/15, 3:57 PM<\/font><\/a><\/div>\n
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Answer on @Quora<\/a> by @arrington<\/a> to What credit score is needed for an AmEx Starwood credit card? qr.ae\/R7bL2z<\/a><\/span><\/p>\n

#FICO748pt8<\/a><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span><\/p>\n<\/div>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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7\/27\/15, 9:39 AM<\/font><\/a><\/div>\n
Inside this office, a device does a manual API call to an office that makes credit decisions #Fico748pt8<\/a> pic.twitter.com\/ZrGflLGVI3<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span><\/p>\n<\/div>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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7\/16\/16, 1:17 PM<\/font><\/a><\/div>\n
FICO percentages 100%, then 25% and upon maturity… 10% Subj *new credit* for 18-22 year olds starting #vigins<\/a> pic.twitter.com\/oajUJX6mXh<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


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<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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9\/1\/16, 11:29 AM<\/font><\/a><\/div>\n
What experts won’t tell you about scaling up and starting up a FICO score. youtu.be\/cPL_uwh4wIg<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


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<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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9\/14\/16, 9:47 AM<\/font><\/a><\/div>\n
What Penny Pritzker Knows About Starting Up an 800 FICO That Pretty Much Only Stanford Engineers Fully Grasp duck9.com\/blog\/uncategor\u2026<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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9\/14\/16, 10:07 AM<\/font><\/a><\/div>\n
Credit, and access to lines de la money, helps America. “What The Commerce Secretary Can and Can’t Do.”
\n@LarryChiang<\/a> pic.twitter.com\/hX57QILqQE<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


\nDownload<\/a> the Twitter app<\/span><\/p>\n\n\n\n\n
<\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
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9\/15\/16, 10:41 AM<\/a><\/div>\n
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“Who will get your Experian, Trans Union Equifax papers in order BEFORE u apply? (Yes, paper!)”<\/p>\n

@LarryChiang<\/a> pic.twitter.com\/ePdaEw5YP0<\/span><\/a><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

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https:\/\/www.youtube.com\/watch?v=eudADPfTWiE&sns=em<\/a><\/span><\/div>\n

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https:\/\/www.youtube.com\/watch?v=WVKHwYJzVVc&sns=em<\/a><\/span><\/div>\n

\n<\/span><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

By Larry Chiang If you wannna live rent free you’re going to need to pay attention.  A house has four things Principal, Interest, Taxes & Insurance. Principal because you are mortgaging, interest because you owe money.  Larry Chiang (@LarryChiang) 12\/14\/16, 9:29 AM PITI. Principal, Interest, Taxes & Insurance. pic.twitter.com\/2VrNgR4UZL PITI = 900.oo Get two roommates who […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,34],"tags":[],"class_list":["post-9163","post","type-post","status-publish","format-standard","hentry","category-credit-secrets","category-student-credit-score-fico"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/9163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=9163"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/9163\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=9163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=9163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=9163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}