I have "0" open installment loans on my reports. I went 3 blocks down the street to SFCU and asked about membership and shared secured loans...
membership $0
loan $500.00 for 6 months @ 2.2% with $0 set up fee - no CR pull at all
loan $1000.00 for 12 months @ 2.2% with $0 set up fee - no CR pull at all
co-branded cards with hard pull (i guess i could try to get a descent CL after i establish a relationship in a year)
she said they atleast report to TU and EQ but will check to see if it's all 3.
because i'm paying my tax lien i can come up with the $500.00, but the 1k would leave my sock drawer thin. (IRS has also have been known to freeze larger accounts)
is it a good move to do a 6 month shared loan then let it ride to a 12 month just after the first loan is PIF???
i have a kind of thin file (i was overseas for 6 years and just started the rebuild)
