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re: How Long Will My Credit Suffer?? - Update pg 2 - Score Lowered Again!!!
Posted on 6/3/13 at 12:58 pm to LETSGEAUX2
Posted on 6/3/13 at 12:58 pm to LETSGEAUX2
Take out 2 loans simultaneously of like 500-1000$ (Each). Calculate the interest and put the loan and the cumulative interest into a new and separate checking account. Set to auto draft. 12 months later. Check again. It will look like 2 loans at the same time being paid off. Thank me later.
This post was edited on 6/3/13 at 12:59 pm
2
Posted on 6/3/13 at 1:02 pm to LSUTigers00884
What kind of loan? I am paying my house and 2 vehicles right now as well. Should have 1 paid off by the end of the year so hopefully that will help.
Posted on 6/3/13 at 5:05 pm to LSUTigers00884
quote:
Take out 2 loans simultaneously of like 500-1000$ (Each). Calculate the interest and put the loan and the cumulative interest into a new and separate checking account. Set to auto draft. 12 months later. Check again. It will look like 2 loans at the same time being paid off. Thank me later
Can you give some more detail on this process? You sound familiar with credit repair and I could use any advice you can offer, as I am in a similar situation as the OP, i.e. no debt, but a few lingering late payment blemishes in the last 2 years.
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