2013年11月3日星期日

Can I take out a personal loan just to raise my credit score?

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If I take out a personal loan for no reason expect to use it to pay back the loan itself would this be a faster way of raising my credit score than using credit cards? And if I dragged it out for 72 months would this raise my score even higher?
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  • I understand since I am trying to raise the score that my interest would be high but what if I was able to get a lower rate from a cosigner?

  • Can I take out a personal loan just to raise my credit score?

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