A little-known password to skyrocket your credit score 🚀
A little-known password to skyrocket your credit score 🚀
Using this strategy actually forces the bank to help you build your credit — It’s like magic!
The password: “$1K Secured Loan”
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The script:
You: I’d like to purchase a 1 year CD for $1,000 AND get a Secured Loan for $1,000.
The Banker: No problem Mr./Ms. [Your name here], take a seat and we’ll get the process going for you.
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The strategy:
- Buy a $1K Certificate of Deposit for 12 months
- Get a $1K Secured loan
- The loan is secured by the CD, so no credit check required
- Deposit the Loan Money (cash) into an account separate from your everyday spending account
- Use the Loan Money to make monthly payments ON TIME
The bank reports the loan to the credit bureaus…
So your credit score will increase!!!
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12 months later…
- Finish paying the $1K Loan back
- Your credit will increase even more!!!
- The bank will hand your $1K back (for the CD)
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The Results:
- You now have higher credit
- You’ve established a bank relationship AND
- You still have the $1K you started with!!
Repeat this as often as you wish!
Pro Tips to shoot your credit further through the roof:
- Take out multiple loans to boost your credit even FASTER
- Take out loans at multiple banking institutions too
Thank me later.
Peace and Love