Build Your Credit Up! #BadCredit #NoCredit #ResultsinDays

                        How to establish A-1 Credit in 45 days

• In this blog you will learn how to build good credit in 45 days.
• Use the bank's money to get A-1 credit at many different banks
• Be able to secure loans, buy houses, and receive lower down-payments

                             What to do?
First
 It will take $500 and a bank account to initiate the process. Once you have the money, take your cash to your regular bank. Open a normal savings account... 

                     Then
Wait about 3 days to make sure your account has been posted and then apply for a loan offering your $500 dollars as collateral. When the banker hears this, he will welcome you since the loan will be risk free for his bank. 

 There will be no check into your credit. It might be a good idea to deposit your money in a bank that offers some kind of premium.  That never hurts.

Now you have $500 in your bank that is drawing interest.


Note:  the money in your savings account has a freeze on it due to the loan. 

Now:
Take the $500 cash to a new bank and open up a another saving account. Three days later, go back to the second bank and see the loan officer to open up the same account as bank one. 

Go through this procedure at least three more times with other banks. (Do at least 5 banks, although you can do more. )



    NOW TO START BUILDING YOUR                                    CREDENTIALS

After you have opened savings accounts at all of the banks and obtained loans from each of them, take the $500 from the last bank account that was opened and open a checking account at any bank you choose three days later and begin writing checks.

Pay Off Monthly Payments
Pay one full months payment at each bank which you have taken out a loan on. A week later, make another payment to all the banks. At this rate, you will have all your loans paid off in about 45 days. 

With each payment, an equal amount of money will be unfrozen in your saving accounts. You can take this money and place it in your checking account as you go along.

No matter what your previous credit rating has been, you will now have not one credit reference, but five excellent ones. In fact, after three early payments, the banks will automatically clear you for future signature loans at their banks and will give you an AAA-1 credit rating to any bureau checking your credit rating.

                                 Helpful Tips
1- Always take your savings account book with you when applying for the loans, since you will have to surrender it to the bank officer

2- Try to get on at least a 9 month repayment schedule for each loan even though you will pay each loan much sooner


There You Have It... RISK FREE!

The interest your savings account earns will offset much of the interest charges on the bank loans. You end up actually paying a very small price for a superb credit rating. 

After you have worked this plan, and established yourself in the credit world, you can apply for credit cards and bank cards and have no fear of being turned down.
Remember, you are now backed by the most important credit references of all--banks! Even such "hard-to-get cards" as American Express or Diner's Club should pose no problem. 

Signature loans can be obtained on a 24-hour notice at any of the banks you have employed in your plan, low down-payments on cars, security fees, and homes--all this in as little as 45 days.
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