>>62120276
Buy a townhouse or a condo

Co-sign a loan for my business.
The business is a historical reenactment of being an African American slave in early America where guests pick cotton and run from their whip-yielding master.
I think it will be a success.

>>62120276
Take out a loan and put it into stocks. If your rate of return is better than the interest rate the bank is just donating money to you.

>>62120276
This is how we know you're lying. The only way your credit is amazing is if you've been taking out lots of loans.

>>62120329
That assumes I have a good feel for what to throw my money at.

It's not a bad idea, per se, but I would definitely want to learn the ropes with my own liquid cash first before attempting it.

>>62120335
Active credit card user + almost never carrying any debt month-to-month = stellar track record for trustworthy borrower, no?

> > 62120276
I used to think that too. Later on, having a strong credit score actually helped me get a large unsecured loan, which I used to invest (BTC/ETH). After that I was able to secure low-interest financing for a car and home.

It’s not perfect, but a good credit score can open doors if you use it carefully.

>>62120369
And at the very least you can dunk on the poorfags here who say it's all a Jewish scam but really they're just broke and seething.

>>62120351
>I never take out loans
>I just take out lots of loans on my credit card
wierd flex but ok

>>62120373
It’s not really a loan if you pay it off immediately, plus you get cash back
t. high credit score from revolving credit

>>62120377
>It’s not really a loan if you pay it off immediately
It is, actually. It really doesn't matter if you think of it as a loan or not, it matters what the bank thinks it is, and they're pretty certain that as soon as the bank hands you the money, it's a loan. And you aren't even paying it "immediately", you're paying it back at the end of the month. Most loans on the market are even shorter than that (e.g. interbank overnight loans) and that doesn't somehow transmogrify them into non-loans. If you've never heard of interbank overnight loans it was their interest rate - the IOR (Inter-Bank Overnight Rate) - going negative that triggered the 2008 financial crisis.

>>62120418
sigh.
s/IOR/IBOR/

>>62120373
people who are pedantic for the sake of being pedantic should be castrated

>>62120612
>getting mad at thorough ownage

Just accept reality, bro.

>>62120276
you should always have a mortgage
>but i already have a home!
don't leave that wealth stagnant: leverage it and reinvest

>>62120276
>Take out loan
>Buy something of artistic value
>Donate for tax write off
>Use tax refund to pay back loan
>Increased credit score and you had a little fun

>>62120329
>If your rate of return is better than the interest rate
and if it isnt, then you are just stuck with a losing position while constantly bleeding money thanks to the interest rate

>>62120276
if youre not debtmaxxing youre a fucking retard

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my credit score is 800 im going to take out a loan when interest rates drop. i already have a 2.5% mortgage.

>>62120349
You can buy VOO or SSO on the stock market if you don't have any better ideas of what to do with the money.

You can tell who has never taken a loan out before. They will find out what the money is being used for, and you will pay large interest for speculative garbage.
>I'll lie
Cool that's fraud! Keep dealing in the real world goyim.

>>62121192
That's true, but OP has good credit so he can just shore it up with another loan :)

>>62121582
Only loan I ever took out besides my student loans (which are paid off with my mother's inheritance) was my car loan, and I paid that off in less than two years on a five year loan.

>>62121488
>>62121518
I always feel like such a chad when I come onto this site.