i was at a seminar on building credit and someone in the crowd mentioned a way he built credit … He would buy something before the credit card reports to the CRA’s and then return the item the next day which demonstrates at the next report to the CRA’s that the bill was paid…. but won’t the credit card company close the card if they see you doing this all the time? Is this something you do every once in a while commingled with other purchases… Ideas ? Thoughts?
How to read your Credit Report