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Instant Credit Rating Improvement That Works

Posted on December 14, 2020 By Angel No Comments on Instant Credit Rating Improvement That Works
Instant Credit Rating Improvement That Works
Personal Finance

If you’re like me and live in Florida, you probably need an extra boost in credit to get that loan for a new car/house/boat?

Don’t have a lot of money to spend, and don’t trust any object/service/person that requires you to give payment before taking effect?

I’ll tell you how to depend on just yourself to get a huge increase in your credit rating.

I have done this in the past and can verify that it works with no gimmicks or risk.

There are a few things to mention before getting into deep.

One is the fact that NOTHING is free, and very few things are instant.

This technique is not instant, but it’s the fastest thing to improve credit ratings other than spending a huge sum of money, which would defeat the purpose of this article.

Although this technique isn’t free, it’s not expensive at all.

I did this with $300 and within a month and a half I had enough credit to get a sizable loan via this website (I highly recommend it). You don’t lose the $300, but you won’t have access to it for the length of this ordeal.

To start off with, you put the starting money ($300 in my case) into a savings account, and wait 3 days for it to be recognized on your credit score.

As I said, almost nothing is instant, especially in the business world. After several days, head back to the bank and get a loan using the savings account as collateral.

Even with bad credit, as long as you have collateral you shouldn’t be turned down.

You’ll want to check with the bank before depositing your money into the savings account, and if they will still not give you a loan with a savings account as collateral, then find a different bank.

personal loan FloridaAfter you get the loan, wait 3 or more days for them to show up on your file.

Don’t apply for your major loan yet, or whatever it is that you want the high credit score for.

After the first loan and savings are on your file, go back to the bank, and take out another loan of the same amount as the first.

If they won’t give you the loan, make a payment on the first loan and go back to the bank a few days later.

You might have to make a few payments on the first loan in order to get the second, but just keep doing the same thing until you do get it.

If you don’t get the second loan on your first try, then make the payments on the first before you apply for the second.

Most people don’t know the fact that just being turned down on a loan will hurt your credit rating.

Several days after you get your second loan, follow the same steps to get a third loan.

After you get three or more loans (the more you get, the more money it will take, but the better the credit rating), make a payment every few days, or every week. The key to this plan is making the payments BEFORE they are due.

Now when someone wants to run a credit check on you, it will show that you have been approved for three loans, and have been making payments before the due date, which will get you approved for most anything you want.…

A Guide for Establishing Credit the Smart Way

Posted on August 8, 2020December 2, 2020 By Angel No Comments on A Guide for Establishing Credit the Smart Way
A Guide for Establishing Credit the Smart Way
Personal Finance

establishing credit scoreToday’s COVID-19-affected economy has more of a need than ever for a good credit score, especially if you live in Florida.

This essentially affects your ability to buy a car, home, and other things that you need credit.

Not only does it affect the things that you can buy, but also in some cases your ability to get an apartment or get a job, along with other things not expected.

For those that have not had a lot of credit in the past, you are more likely to quality for a lower limit credit card.

The limit does not matter, but rather the way you use it to establish your credit. Using your card sparingly will allow you the opportunity to pay the entire balance off as soon as you receive the statement. Immediate and full payment reduces the risk of forgetting to pay and getting a late fee.

It never hurts to schedule a payment online, especially if you are waiting to be paid. This allows you to know the payment will come out of your account the last day of your statement and gives you enough time to cash your paycheck. Make sure you deduct any payments arranged online, since you want to avoid the risk of overdraft fees.

When you are making the choice between different cards, start by researching all the different ones available. Try to find one without an annual fee and offers incentives. If you have a card with cash back incentives, remember the money is free as long as you pay the balance off every month without interest.

Consider your present credit before applying for some of the cards, since they are not for people with little to no credit. It is not a good idea to make applications to cards, until you have found the right one, since a turn down does not show up in your credit report, but numerous inquiries do.

A credit card limit around $500.00 is a good way to start. Just make sure you keep your purchases at an amount you can afford. You really do not want to go over thirty percent, with you debt to available credit.

If however your credit scores is too low and it will not allow to qualify for a traditional type of credit card, then you my want to consider getting a secured credit card. This kind of card generally has the limits of your cash available. Establishing credit takes time and pays off in the end, however trying to re-establish credit is not as fun.…

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