If you use a credit card loan, does your credit score go up and down?

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In the case of banks, I know that if you pay back the interest on the loan well, your credit rating will increase, but in the case of using a credit card loan, can you expect a credit rating increase if you pay it well?


  333 4   7 years ago

pu1. If you pay it back well, you can expect a credit rating increase, but once you get a credit card loan, it doesn't work because your credit rating drops too much


2017-12-21

pu2. I don't recommend it if it's for the purpose of raising the credit rating. Credit ratings fall immediately even if you use credit card loans or secondary finance or check credit ratings for loan purposes. You'd better stay away from it at all the time


2017-12-21

pu3. Only banks in the primary financial sector have higher credit scores. If it's about your credit score, don't touch anything but bank loans


2017-12-21

pu4. Thanks for letting me know!


2017-12-21


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