Results 1 to 40 of 96

Thread: I need to boost my credit score.

Hybrid View

  1. #1
    PRO desi
    Join Date
    Feb 2004
    Location
    In my car 'round town
    Age
    37
    Posts
    692
    Rep Power
    22

    Default

    Quote Originally Posted by blaknoize

    And... as Jimmy said above, u can just take out a loan, dont use that bish, just have that money, through it in a savings (so u can build at least a lil interest, credit union baby!!) then just pay that loan back with the money u've taken from that loan company. Thats what I'ma do


    If I understand this right...

    1. Take out a loan (can I take a studet loan?)
    2. DO NOT USE IT
    3. Put it in a savings account/CD whatever jst DO NOT USE IT
    4. Pay it back at the end or the CD or whatever, KEEP THE INTEREST

    This builds my credit by... taking out the (student?) loan or paying back off a (student) loan? OR does it just enhance my credit score because I got money in the bank

    Shawtay what Equifax thank??? Lol, or........EXPLAIN/DISCUSS POR FAVOR

  2. #2
    John Paul II, wat!? blaknoize's Avatar
    Join Date
    Apr 2007
    Location
    Columbus, OH
    Age
    39
    Posts
    6,294
    Rep Power
    29

    Default

    Quote Originally Posted by lilmanx01


    If I understand this right...

    1. Take out a loan (can I take a studet loan?)
    2. DO NOT USE IT
    3. Put it in a savings account/CD whatever jst DO NOT USE IT
    4. Pay it back at the end or the CD or whatever, KEEP THE INTEREST

    This builds my credit by... taking out the (student?) loan or paying back off a (student) loan? OR does it just enhance my credit score because I got money in the bank

    Shawtay what Equifax thank??? Lol, or........EXPLAIN/DISCUSS POR FAVOR
    Well, I'm doin exactly what ur thinkin right now. So... I cant tell u till its over.
    I took out a small loan and am going to put it into a C/D or Roth IRA account and just pay it back later so that I make some money while its there.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
About us
ImportAtlanta is a community of gearheads and car enthusiasts. It does not matter what kind of car or bike you drive, IA is an open community for any gearhead. Whether you're looking for advice on a performance build or posting your wheels for sale, you're welcome here!
Announcement
Welcome back to ImportAtlanta. We are currently undergoing many changes, so please report any issues you encounter with the site using the 'Contact Us' button below. Thank you!