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Old 04-02-2013, 02:17 PM   #1
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Originally Posted by R8ers View Post
So what do I do? Go borrow money I don't need and just pay it back to get credit?
You can....yeah. It can be as simple as taking out a $2000 loan....putting the money into a savings account and then making the monthly payments every month. You'll lose a little money in the interest you pay over the loan....but it will build your credit history.
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Old 04-02-2013, 02:19 PM   #2
R8RFAN R8RFAN is offline
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Originally Posted by Pestilence View Post
You can....yeah. It can be as simple as taking out a $2000 loan....putting the money into a savings account and then making the monthly payments every month. You'll lose a little money in the interest you pay over the loan....but it will build your credit history.
Where should I go? My local bank where I have my money at... I heard once you should never have loans where you bank is there any truth to this?
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Old 04-02-2013, 02:20 PM   #3
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Originally Posted by R8ers View Post
Where should I go? My local bank where I have my money at... I heard once you should never have loans where you bank is there any truth to this?
Go wherever give you the lowest rate.
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