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Im planning on building a 5 to 8 computer networkin my house (for the fun of it, plus i plan on being a Net Tech, or Sys Admin so its good experience) I was wondering if this would be a good idea... Save up about 2 grand, go to a bank and get a loan for 2 grand, spend the loan money on computer parts, and use what i had originally to pay off the loan so i dont get behind on payments. I was thinkin of doin this to build credit like so many people in the other thread said to do... since in the long run, credit determines so much adult purchases i.e. house, car, credit card rates (i think).
Does this sound like a good idea?
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Don't credit companies love people who pay minimum ammounts? Don't do it for the purpose of "building credit", do it for yourself if you have the money. I don't understand how you are going to build credit if you pay for the computers right after?
