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I have 3 CC's, What Else?

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Anonymous
Not applicable
‎12-13-2012 08:46 PM
‎12-13-2012 08:46 PM

Re: I have 3 CC's, What Else?

Utilization is down but average CL is very low. Needs some more credit. I will check with my bank on secured installment loan. That could be a car loan right? The car would secure it.
Message 11 of 20
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Anonymous
Not applicable
‎12-13-2012 08:48 PM
‎12-13-2012 08:48 PM

Re: I have 3 CC's, What Else?

Trying to stay away from inquiries. They really hurt me score for some reason
Message 12 of 20
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Anonymous
Not applicable
‎12-13-2012 08:51 PM
‎12-13-2012 08:51 PM

Re: I have 3 CC's, What Else?

@Anonymous wrote:
Utilization is down but average CL is very low. Needs some more credit. I will check with my bank on secured installment loan. That could be a car loan right? The car would secure it.


It can be a CD or CASH and then the interest rate would be next to nothing

Message 13 of 20
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Anonymous
Not applicable
‎12-13-2012 08:57 PM
‎12-13-2012 08:57 PM

Re: I have 3 CC's, What Else?

i got a $2500 installment  loan from my Bank ( secured by my saving account ) and only paid  like $80 interest for the  1 yr  loan term

Message 14 of 20
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Anonymous
Not applicable
‎12-13-2012 09:02 PM
‎12-13-2012 09:02 PM

Re: I have 3 CC's, What Else?

@Anonymous wrote:
Trying to stay away from inquiries. They really hurt me score for some reason


When i got my local Bank secured loan they did not pull my CR. So no inquire

Message 15 of 20
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Anonymous
Not applicable
‎12-13-2012 09:08 PM
‎12-13-2012 09:08 PM

Re: I have 3 CC's, What Else?

Don't have a ton in savings but I have enough to make the payments and a chunky down payment. I'm sure I could secure with one of my cars hopefully.
Message 16 of 20
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Anonymous
Not applicable
‎12-13-2012 09:09 PM
‎12-13-2012 09:09 PM

Re: I have 3 CC's, What Else?

Great to hear they didn't inquire. That's awesome not sure how you got away with that one
Message 17 of 20
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Anonymous
Not applicable
‎12-13-2012 09:20 PM
‎12-13-2012 09:20 PM

Re: I have 3 CC's, What Else?

@Anonymous wrote:
Great to hear they didn't inquire. That's awesome not sure how you got away with that one

It was secured by cash no need for them to pull my CR, Also i told  my  Banker what i was getting the loan for to help built my credit..............................

 

If you have someone that can loan you the money till you get the loan and then give them their cash back. PS take your friend with you so they will know they will get their money back..LOL

Message 18 of 20
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Anonymous
Not applicable
‎12-13-2012 09:49 PM
‎12-13-2012 09:49 PM

Re: I have 3 CC's, What Else?

Lol it sounds like a good plan. About how much did you see your credit score increase a paying the loan a few months?
Message 19 of 20
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Anonymous
Not applicable
‎12-13-2012 09:53 PM
‎12-13-2012 09:53 PM

Re: I have 3 CC's, What Else?

@Anonymous wrote:
Lol it sounds like a good plan. About how much did you see your credit score increase a paying the loan a few months?

Sorry, But i can't remember.......... Just know the installment loan will help you out in a lot of ways. Also it will open Doors down the road Smiley Happy

Message 20 of 20
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