Page 7 - How I went from 510 to 720 credit score in one year
P. 7
probably thinking... "This guy is crazy!" But please,
hear me out on this!
If you have a very low score, one of your best bets is
getting a small loan from a "No credit check" lender.
Yes, the interest rates will be stupid high, but some
lenders offer a steep discount on the rate if you pay
it off quickly (some even zero interest) and will
report it to the credit report agency.
Another perk to doing this is several of these types
of lenders offer significant decreases in interest
rates once you show you can pay the loan off on
time.
Myths about credit
scores:
1. Always have some sort of debt on
your cards.
I was told many times before that I shouldn't pay off
my cards entirely each month. That banks want to
