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