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Old Oct 2, 2008 | 09:31 AM
  #60  
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Chefboiali
scrotal surge
 
Joined: Oct 2005
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From: Cali
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Originally Posted by DakarM
yes :rick:


this is one of the things some parents will do for their kids.

this is also one of the tricks people used to use to get lower interest rates on mortgages (back in the 90's). it still works. obviously it's not going to get you from 500 to 800 in 6months since what it is doing is increasing your credit history. but if you're on the edge say like 680 and need 740 to get a better interest rate, it works wonders :rick:
True story. The guy I helped got his gf to throw him on a card with a $4500 limit. His score jumped during the time he was knocking things off.
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