Wednesday, December 23, 2009

Loan Estimator Is This The Best Way Possible To Establish The Highest Credit Score?

Is this the best way possible to establish the highest credit score? - loan estimator

(I have 1 years of payments on my car loan on time and without prior credit history.)

1) Go to my bank and get a CD for $ 2000, pay the interest.

2) Introduction of a secured loan of $ 1000 on the CD and pay in one years.

3) Take the $ 500 from another account and make a deposit for a secured credit card to qualify.

4) Repeat this again third in a bank.

5) With the two credit cards, but never with more than a balance of up to 9% of the total credit card limit.

6) pay the minimum payment on a fortnightly by dividing the cost by half.

This estimate my FICO FICO score of 735-785 would result in 1 year.

http://www.bankrate.com/brm/fico/calc.as ...

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