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coloneldboy

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Need help building my credit score badly!!

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Building Credit

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The best way I have found to quickly build your credit is a secured loan.  Take $1,000 and go to your local credit union.  Secure the $1,000 in an account as collateral for a $1,000 loan.  Leave extra money in the account to cover the interest costs and set up the loan for automatic payments from the account.  On a 6 month loan, your payment will be around $170- taken from the money in the account.

It takes time, but you can build. 

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