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Old 11-29-2007, 11:47 AM
Henry17 Henry17 is offline
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Join Date: Aug 2007
Posts: 1,285
Default Re: How to build credit

[ QUOTE ]
Seriously dude, just move on. What is the point of even posting on 2+2 if 99.9% are such peons and bottom feeders that you can't even comprehend why we would want upwards of $15-20k per year (as the link suggests are the upward bounds, since you invented this $6k figure and stuck with it).

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$6000 is based on $100k in credit at 6% which is the most you can realistically expect without taking on some risk.

To make the amount the site claims you'd need to qualify for $300-500k in credit. To be honest I don't know how difficult that is but I'm pretty sure you can't get that much unsecured credit unless you are making enough money to not care to do this.

Realistically most individuals who would choose to do this would be making less than $6k/year.
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