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      03-30-2017, 08:09 PM   #39
P1
Lieutenant General
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Drives: 2004 3/4 ton Duramax
Join Date: Aug 2007
Location: United States

iTrader: (1)

I'll answer the building credit part: establish a relationship with a bank, and tell them what you're trying to achieve. You'll give them $500 to secure a $500 credit card. You'll use that credit card all the time, for everything. Keep the utilization at 50% at all times. That means you can be making payments against that card multiple times a month. Do that for half a year. Call up the credit card company, and tell them you've been a good boy. They'll see you have been, and will lift the $500 cash deposit and up your line to $3,000, or something along those lines. Be a good boy, keep doing the above, and then call back six month or a year later and ask for $10,000.
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