Secure AAA Credit In 90 Days

Getting credit can be a huge problem for all sorts of reasons. If you've had problems with credit or with debt, finances can be a bit of a minefield. Nevertheless there is a way to increase your credit ratings, so you get AAA credit or at least a fairly good credit rating and I will try and explain how you can do this with relative ease.
A note of caution - I have noticed a new bread of lenders on the Internet that offer you short term loans for until payday and some of them are charging extortionate interest rates. You usually have to pay high interest rates if you have a poor credit rating but you shouldn’t have to pay what some of these companies are charging. Anyway back to getting your credit rating repaired. It may be worth your while to find out your credit score. Then you will know exactly what the lenders are going to see when they do their credit check! Sometimes problems in the past are cleared from your record. Your credit might be better than you thought! Also after trying out this technique you can re-check your credit ratings to see if it has helped.

Ok lets get started !
This is what you need to do to increase your credit ratings, first you need to get hold of some money say a few hundred pounds, you take this to any bank and open a savings account. After a few days apply for loan of the same amount as in your savings account using the savings account as collateral. This should go through fairly quickly and without hitch. There should be no check on your credit as your collateral covers the loan amount. Now you have a few hundred pounds earning interest in a savings account and an equal amount in cash. Take this cash amount and go to a second bank and open a savings account with the cash. Then after a few days apply for a loan with the second bank again using the money in your savings account as collateral. The procedure continues with at least 3 more banks.

When you have a savings account and loans with around 5 different banks, go to any bank and open a current account and start writing repayment cheques for each loan. Make one months repayment to each bank. A week later, make another payment. Keep doing this until all your loans have been repaid and your savings have been unfrozen.
What ever your past credit record, you now have five excellent references to use for future loans and these banks will usually clear you automatically for loans with them. In addition, this ultimately establishes AAA credit rating for you. Now make sure, regardless of your past credit record, to keep it immaculately clean now and forever. Then again you can always go through all this again!


Note:
If you want a loan for debt consolidation purposes, a loan may not be your best option. If your debts have spiralled out of control, and you really don't know what to do for the best, look into an IVA (Individual Voluntary Arrangement). There are many companies that set out to help you solve the debt problem by negotiating with your creditors to get the interest on your debts written off, and maybe to write off the debts altogether, and to help you get to a position where you can take control of your finances again. They can usually arrange a more manageable repayment for over a 5 year period. The service is usually paid for within the repayment.