Timeline for Investing loan amount taken primarily to increase credit rating?
Current License: CC BY-SA 4.0
4 events
| when toggle format | what | by | license | comment | |
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| Nov 13, 2018 at 19:56 | comment | added | cHao | It should be mentioned: a credit score is simply a number measuring how much some company trusts you to pay your bills. Worry less about that number and more about borrowing responsibly; most scoring models are designed to improve as you demonstrate good habits. | |
| Nov 13, 2018 at 10:16 | comment | added | TripeHound | @jaydeepmarvaniya Aim not to need to make "further application". If you can afford to pay this loan off, do so, then put the money your were paying aside in a savings account. Once that's built up to a sufficient level for an "emergency fund", you can either carry on saving or consider investing it in something like an tracker fund. | |
| Nov 13, 2018 at 6:39 | comment | added | Talk is Cheap Show me Code | Ok I will repay amount in earliest time which is three month. This will improve my score to an average but its ok as further application will not be denied just because of NA credit score. | |
| Nov 12, 2018 at 14:07 | history | answered | D Stanley | CC BY-SA 4.0 |