tag:blogger.com,1999:blog-20055918.post1118201271928039401..comments2023-12-18T01:57:32.959-05:00Comments on Incessantly spanked: Loans and my debtcutiebootiehttp://www.blogger.com/profile/13325096955544062237noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-20055918.post-53825298293036665612020-09-19T00:45:46.575-04:002020-09-19T00:45:46.575-04:00My checking my credit rating doesn't make my c...My checking my credit rating doesn't make my credit score go down. Applying for any new loan and having the financial institution run a credit check on me does lower my score temporarily. <br /><br />Within the last two years, I have taken out two loans and have seen my score go down. It makes sense. It looks like I am in need for money. I am hoping that closing two loans paid in full will offset the credit check.cutiebootiehttps://www.blogger.com/profile/13325096955544062237noreply@blogger.comtag:blogger.com,1999:blog-20055918.post-63405896509635998962020-09-18T04:53:59.911-04:002020-09-18T04:53:59.911-04:00Checking your credit should not make your credit s...Checking your credit should not make your credit score go down. You might want to check on that.Rich Personhttps://www.blogger.com/profile/01029518662880068066noreply@blogger.comtag:blogger.com,1999:blog-20055918.post-65930664466007490622020-09-17T01:03:31.878-04:002020-09-17T01:03:31.878-04:00Hi, Enzo. I got a secured credit card when I first...Hi, Enzo. I got a secured credit card when I first moved to the States. I had to establish my credit history and the secured credit card helped. Yes, I don't recommend getting a secured loan. It's best to simply pay your debt off regularly without taking out a new loan.cutiebootiehttps://www.blogger.com/profile/13325096955544062237noreply@blogger.comtag:blogger.com,1999:blog-20055918.post-41169941559542839282020-09-16T03:12:19.133-04:002020-09-16T03:12:19.133-04:00Hi Cutiebootie - Foremost good for you on progress...Hi Cutiebootie - Foremost good for you on progress in controlling your debt. I obviously don't know the details, but I have never heard of a "secured loan" helping a credit score. A secured credit caard I do know does help as those work as a regular cc and they just keep your deposit separately as a guarantee.<br />Best,<br />Enzo Enzohttps://www.blogger.com/profile/11556688278392257042noreply@blogger.com