Page 48 - Winning The Credit Game Bundle (CK Patrick)

36 THE CREDIT GAME

costs or risks associated with taking out a loan. There’s no reason not
to do it, and every reason to apply for an account today.
Remember, you’ll be building skill at saving money in addition to
building credit history. The money you save by paying yourself
through SelfLender.com can even be used to pay off other lines of
credit once you finish paying off your loan and the money you’ve paid
in is returned to you.

KIKOFF.COM

KikOff.com is the last credit booster tool we’ll be discussing in this
chapter. Here you can sign up for an account and instantly get
approved for a $500 line of credit. This is another provider that does
not do a hard inquiry to check your scorecard, which means that
applying with them will not cause your score to lose points. They do
not require a minimum credit score and are an interest-free service
with no additional fees.
KikOff.com also offers financial wellness ebooks and other self-help
products with price tags starting between $10-$20. Their products
require a minimum monthly payment of about only $2 per month
which keeps their program affordable and easily manageable. They
report each monthly payment to the three major credit bureaus. Each
purchase helps build your credit month after month.
I often recommend that my clients set up a Visa gift card with at
least $25 on it, then set their KikOff account to autopay from this gift
card. This way you don’t have to think about making your monthly
payments—they are automatically withdrawn from your gift card—
but you also don’t get surprise charges on your primary bank account
which may result in overdraft fees.
If you choose to use this approach, just ensure that you check back
often enough to ensure that the Visa gift card remains loaded so you
don’t accidentally miss a payment!