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There is no *real* trick to magically improving your credit score in one month unless you can afford to do like the thread starter did and pay off all of your credit....but the reality is that most people who have outstanding balances cannot afford to do that. Your credit score increases through trends....so if you do something where you apply for more credit over several months YOUR SCORE WILL DROP! Every single time you open a new account, your score will trend down and as you pay for it over time your score will go up. You cannot BORROW your way to better credit.
One trick, however, that will help you dramatically but will take 6-12 months......
Go to your bank and open a CD with a $2500 check....even if you do not have $2500 in the bank. Then immediately, ask for a 12 month loan for $2500 using the CD as collateral. No matter how bad your credit is, the bank will loan you money when it is secured by a CD. Tell you banker to deposit the money into your checking account to cover the check that you just wrote him for the CD. Now, you have no more money than when you started the day, but you have an open installment loan AT A BANK (not a credit card and not store credit...those are easy). Now, over the next 12 months pay your loan payment EACH AND EVERY MONTH...not early and definitely not late. At the end of 12 months, not only do you have 12 months of verifiable BANK credit, you have a $2500 CD that you can cash out or do something else with.
--T
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