re: Questions about Borrowing money to build credit

My fiance had bad credit 2 years ago and I told her we're not getting married till its fixed and in 2 years its gone from like 480 to 710. She had an old car note,credit cards and student loans that were delinquent so that dropped her far.

This is what she did

1.Secured credit cards, 2, $200 each, keep balance under 30% and pay it off monthly

2.I got her an amex in her name under my account, it reported great for her

3.When her credit got a little better, I got her 3 short term loans at her bank that were secured with cash in a CD ie 6 month,1 year and 2 year small loans $2000-3000 each I honestly forgot.

4.Then when her score was 600 or so I had her finance a tv we bought for 1 year no interest, it reported.

5.Then I had her finance a couch and dining room table at 0% for 18 months when we were looking for those.

Her credit is 710 today in less than 24 months, so it's doable but I followed the directions of my CPA exactly and started getting her stuff financed once her credit score was decent after the initial few months with the secured cards.