Have you ever wonder about how to get good credit with spending alot of money. Well here is a little secret I used to get my credit back up to par.
To work this plan you need at least $400 to begin. You should borrow this from your friends if necessary. Then go to a bank of your choice and deposit the $400 into a regular passbook savings account.
Wait a few days for the account to be posted and return to the bank to ask for a $400 loan - you offer the passbook as collateral. Since the bank is already holding your $400, you go to another bank open a savings account lending you another $400 and they won't even make a credit check. Then, with your borrowed $400, you go to another bank, open a savings account, return a few days later, borrow $400 from that bank using your passbook as collateral.
Then repeat the process at a third bank with your borrowed $400. Wait a few days to go to a fourth bank where you open this time a CHECKING account. Wait a few days and make a payment on each of the other three loans. A week later, make payments again on the three loans, and continue paying each week until you have almost paid off the balance.
A credit investigation at this point will show you with three active bank loans (which are considered hard to get), a checking account, and a paying history for the three bank loans - with you having paid up in advance. Thus, you have AAA credit in as little as 30 days. From here you go on to apply for loans, credit cards, and other items on credit.
Darryl Power over 3 years in online marketing, 1 year in Pay-Per-Click advertising and 7 years of business management.
http://www.home-grownventures.com
![]() |
|
![]() |
|
![]() |
|
![]() |
Most businesses want to be able to borrow money when... Read More
The most important thing for you to remember is that... Read More
FACTA stands for Fair and Accurate Credit Transaction Act. FACTA... Read More
When applying for a loan to purchase a car, the... Read More
The recent security breach at credit card processor CardSystems Solutions... Read More
You've just opened your credit card bill and attached to... Read More
If you want to enjoy your life out of spending,... Read More
Joint debts remain joint debts.Both spouses signed a legally binding... Read More
It's not as hard as you think to raise credit... Read More
With prepaid credit cards, you get the practicality of plastic... Read More
There is no end to the amount of pain that... Read More
In order to determine a consumer's credit worthiness, creditors and... Read More
In their quest to get you to sign up for... Read More
Credit scores: all lenders use credit scores to determine interest... Read More
What is a credit card? A credit card is... Read More
For years, major credit card companies have allowed cardholders to... Read More
Getting your first credit card is a big deal and... Read More
Spending HabitsSo you've just got your credit card. The first... Read More
Once you've been paying off a credit card for a... Read More
Credit cards are just so convenient, aren't they? There's no... Read More
Make Money from StoozingStoozing, this is a sophisticated method of... Read More
If you want to purchase a new home or refinance... Read More
The credit industry if rife with pitfalls. If you have... Read More
There will come a day when you need credit. You... Read More
I didn't think it was possible. But it is. Folks,... Read More
The first time I heard the term credit history was... Read More
There are many evils associated with credit cards, but there... Read More
Have you ever looked at your credit card statement? I'm... Read More
If you're a college student, you probably already have a... Read More
Your credit rating affects many areas of your life. Opening... Read More
If you want a cash advance or a payday/paycheck loan,... Read More
There are not many of us who do not have... Read More
Your credit score may just be a little number, but... Read More
When you apply for credit, those lending you the money... Read More
Identity theft is the fastest growing crime according to the... Read More
Years ago your credit score was a big secret, known... Read More
Q: I'm opening a gift shop and want to be... Read More
Just when most people finish with school and can stop... Read More
As you probably know, interest rates are at all time... Read More
Can you establish good business credit if you have bad... Read More
Here's a simple system on how to pay zero interest... Read More
There is a big difference between looking after your own... Read More
I've got some very important info I want you to... Read More
Chances are you have received your share of "pre-approved" credit... Read More
What is a balance transfer?A balance transfer can be explained... Read More
There are always some companies that have past due invoices... Read More
The economic downturn of the last five years has affected... Read More
Credit score is the key factor determining approval of almost... Read More
Whether or not you receive a loan and what interest... Read More
It's the number one source of consumer complaints at the... Read More
Identity theft is a growing concern among Americans, and rates... Read More
When you apply for a credit card, the application that... Read More
Here are some useful credit card tips for you to... Read More
If you have ever fallen behind on your debts you... Read More
Well now we add CitiGroup and UPS to the Identity... Read More
Your credit score can either haunt you or reward you.... Read More
In the new millennium plastic money or credit cards has... Read More
Credit scores: all lenders use credit scores to determine interest... Read More
What is Credit?Credit is the backbone and the engine behind... Read More
For years, major credit card companies have allowed cardholders to... Read More
A lot of credit score myths about fico score ratings... Read More
Establishing credit and wisely managing your credit becomes easier when... Read More
Most consumers are aware that there are companies that keep... Read More
"Erase Bad Debt !""Remove Negative Items From Your Credit Report"You've... Read More
A credit score is most commonly known as a FICO... Read More
Ok, let's face it, everybody hates high credit card rates,... Read More
Credit |