@MudkipsRKooL If you have no open installment loan, then a SSL paid down to 8.9% will give you a ~30 point boost as soon as it reports.
I would recommend reading the below from CreditGuyInDixie
Adding an installment loan -- the Share Secure technique
The Quest for an SSL alternative to Alliant
NFCU SSL
Here are two institutions that have SSL which you can pay in advance to 8.9% utilization without shortening loan term:
NFCU - membership restrictions.
SSFCU - geofence.
thanks I've thinking of doing this next, even if I have a car installment loan atm. Trying to save up 3K and doing a 24 month SSL. To get a future unsecure loan 4-8K at my local credit union. My friend was doing this in his early twenties and always get nice toys and he told me it started with a pickup truck loan, then a secured loan then a unsecure loan and he was on his 2 or 3th unsecure loan and using it to pay for school and renovating at the same time.
Anyways here's my recent TU scores. I see I got 35 points in 6 months so maybe if I garden I could possibly get 70 points per year? Anybody can get more without AU/tradelines?
@MudkipsRKooL wrote:What's the fastest your score increase without AU and just gardening?
If I can take into account my score from last year it went from 735 back in Fall 2019 to 760 in March 2020 or in about 6 months so if it grew about the same rate (which it didn't cuz I applied for more credit cards), I would expect about ~25 more points. Or about ~50 points per year is that alot? Just wondering how slowly credit score rises pass a score of 800. Considering one of my Credit Score dropped from 800 to 750s with 2 new credit cards.
They say you gain 10-15 points back once a new credit card age 1 year is that true?
No, that's not true.
But if you go 12 months without a new card, you can usually get some points for that.
