Solve your debt in 5 days or less!
they'll go to their credit bureau's computer terminal
in their office and run a credit check on you by typing into
their computer system your name and personal information
in order to pull your credit report, thus creating a new
credit file on you in the process! Next they may want you
to give them a $20 deposit on the jewelry with the rest of
the cost to be paid in smell monthly installments. After you
make your first payment on the jewelry the following month
they will report to the credit bureau that you have paid as
agreed end it will show up on your new credit file as an A-1
rating.
The Best Way to Create Your New Credit File
The way that seems to he working best for people is for them
to use their same name and birthday with all the other
personal Information being changed. This way the only thing
that has to be done at the driver's license bureau is a
routine address change.
And instead of trying to go to the credit bureau or write
them to get the new credit file created it works out better
for people to go to a jeweler and get them to create their
new credit file for them. Like I said this is working out
with less problem than the other ways I've described to
you. But it's up to you to decide which way you want to
go about doing it for your self.
Employment References
After you've gotten your new credit report and matching
license or ID you'll need an employment reference so that
creditors you'll use to build a strong credit profile can
call and verify that you are working before issuing you
credit. If you decide to keep your name and use different
personal information to get your mew credit file and are
employed. This presents no problem to you. Potential credit
grantors don't question your employer to see if you gave
the correct personal information. When they call they only
went to know if you ( the name you gave them) works
there, how long and possibly how much money do you make.
If you decided to change your name in order to create
your new credit file and are also employed, all you
have to do is take your new license or ID to your personnel
office or employer at your job and they will gladly make the
name change on your records so when potential creditors
call there it will be no problems.
In either case, if you're unemployed, a friend could
be an employment reference for you or if you know
anyone personally that owns a business, you can ask
them if they will be an employment reference for
you. Make sure that you tell them that it's only
for credit purposes and won't involve taxes. It might work
best if you give the person come money as an incentive for
helping you.
You can also give the appearance that you are
working when you are really unemployed by getting a business
phone line placed in a friends hone with an answering
service attached. Then you can have it listed in the phone
book because creditors do check to see if businesses are
listed sometimes. Having it in a corner of a friends house
and listed would give it a different address other than
your own. If you would rather have it at your home you
can have only the phone number listed and not the address.
Then all you have to do is tell the potential creditors that
you work with a small company that's into sales and
sometimes everyone is out in the field. But the owner will
get back in touch with them if they leave a message on the
recorder. This is something that creditors run into
sometimes and they won't be surprised at you telling
them this. But what they won't know is that either you or
one of your friends will be returning their call and giving
you an excellent job verification.
Sometimes creditors ask to see a check stub from
your job. This is an easy thing to get around. All you
have to do is open a business account and order the checks
that have the most business like check stubs. Remember
to always type out your check stubs whenever you have
to use them. It usually takes the banks a couple of weeks
to get you your permanent checks. As soon as you get them
you can close the account, if you want to, because all you
wanted was the checks stubs. And always start off
using the check with the largest number on it. This will
require you to get checks from the rear of the check
books. This will make the creditors think that the
business has been in business much longer that it has!
Bank Loan Procedure
These loans are not designed to put money in your pocket.
They are designed to get banks to trust you and start
loaning you money along with posting A-1 credit ratings on
you credit report to show you credit worthy. The best
credit reference you can furnish is a record of
having borrowed money from a bank. Since bank loans are
hard to get, a good reference will usually rate you as
AAA-1 and open the doors to the credit world for you. The
following is a technique for using the banks money to build
an excellent credit rating for yourself.
First of all go to a bank of your choice. Make sure they
report to the same credit bureau that you are building
your credit file at. Open a regular savings account
there for no less than $100. Wait 3 days for the account
to be posted and then go back to the same bank and ask for
a $100 loan offering your savings account as collateral.
Since your loan is totally secured by your savings account
the bank won't even make a credit or employment check. Take
the $100 loan, go to another bank and do it all over again.
Go to at least 3 banks doing the same thing. Ask for a 6 or
12 month payment plan for each loan and take your payment
account passbook with you each time you ask for a loan
because you'll have to surrender it to the bank in order to
get the loan. After leaving the third bank you'll still
have the $100 cash in hand. Now go to a fourth bank and open
a checking account if you don't already have one. Wait
two days, then make one monthly payment on each bank loan
from your new checking account. Wait a full week and send
your second monthly payment to each bank. Repeat one week
later with your third month's payment.
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