Ok, flame suit is on just in case.
I am starting small time but want to get up to a 50k + limit. In order to do this I would have to spend quite a bit, right? Well, not so much actually, if I am right about this. I know it is bad to hit the limit in your card so I would go about $200 under the limit every month and pay it off in about a week. So lets say for right now my limit is $2000. If I spent and payed off 1800/mo wouldn't that help tremendously?
So you're thinking, "Ok you retard, how are you going to repay that much every month?" Well, my reply would be to set up a square account. It isn't a business. It isn't considered a profit or anything. I could then either set up a dummy account with a bank I don't currently use, and then write myself checks toward the payment, once it clears, pay off the card, or just have square linked directly to my account and then just transfer the payment. Spending 1800 per month would cost me $54 a month @ a 3% per transaction, but wouldn't it be a credit boost?
Or possibly a variant to have a balance carry over so it will show making payments, but not paying off 100%?
So.... am I a genius, or a retard?
Discuss.