Broompilot
Veteran Expediter
I just heard this on the Radio. I believe the web site was Radio City Credit.com.
This might help some of you out I will explaine it best I can and how it came about to being on the Radio.
Now understand this the Banks have figured out that people with good credit scores are no longer profitable. We have all paid that price before and know the cost and dangers of using credit card $ to support our purchases or luxuries we other words could not afford. Maturity has a way of teaching most of us that lesson, you aint got it you cant afford it.
The Banking Industry is lobbying to block this little known secret as to keep those with poor credit right where they are struggling to raise that limit. Now this is not for say those who cannot control ones spending but one who just cannot seem to squeeze by the eight ball, making a honest effort to pay ones bills on time. Been there done that? We all probably have at one time.
So now for the info and enough said on my personal view or expierences. We all know a friend or relative with good credit.
You piggy back on them, in otherwords you request a two signers on a credit card. After just two months, the persons good credit helps raise yours. And you do not have to spend a dime, just your name on the account is enough to raise it as long as there is activity on the account. So they continue to use it, and in two months if your in the 600s it will raise you to the 700s. Now after your score improves in two to three months you have them take you back off the account.
This is not co-signing its two people on one account. The banks hate this. Now if you are not a Honest person and you know if you are or not this is not for you. You do not use any of there credit or I just had to have that puppy and it had to be fixed, and it needed shots, dog food, doggy bed, dog house, fence, you know what I mean. Forget the purcahse and pay cash for the Puppy.
This might help some of you out I will explaine it best I can and how it came about to being on the Radio.
Now understand this the Banks have figured out that people with good credit scores are no longer profitable. We have all paid that price before and know the cost and dangers of using credit card $ to support our purchases or luxuries we other words could not afford. Maturity has a way of teaching most of us that lesson, you aint got it you cant afford it.
The Banking Industry is lobbying to block this little known secret as to keep those with poor credit right where they are struggling to raise that limit. Now this is not for say those who cannot control ones spending but one who just cannot seem to squeeze by the eight ball, making a honest effort to pay ones bills on time. Been there done that? We all probably have at one time.
So now for the info and enough said on my personal view or expierences. We all know a friend or relative with good credit.
You piggy back on them, in otherwords you request a two signers on a credit card. After just two months, the persons good credit helps raise yours. And you do not have to spend a dime, just your name on the account is enough to raise it as long as there is activity on the account. So they continue to use it, and in two months if your in the 600s it will raise you to the 700s. Now after your score improves in two to three months you have them take you back off the account.
This is not co-signing its two people on one account. The banks hate this. Now if you are not a Honest person and you know if you are or not this is not for you. You do not use any of there credit or I just had to have that puppy and it had to be fixed, and it needed shots, dog food, doggy bed, dog house, fence, you know what I mean. Forget the purcahse and pay cash for the Puppy.
