I was wondering tho, does the CRA's mark the loan as a secured loan? I hope not.. it would be much benificial if it just says a $3k loan. The other thing that the agent asked me to consider was taking money out for my car loan.. like taking out the blue book value of my car. My car is completely paid off and blue book is probably around $8k I am assuming. So if I get $8k with the collateral of the car, and just let that sit in my checking account and pay off that car loan in a year, she said that would be another way to build positive tradelines.. anyone ever heard of doing this? However, she said the interest rate would be between 6-11% and would also do a hard inquiry on experian.. so I told her I would need to think about this. However, i would be getting $8k plus about 3% interest at most.. so it would cost me about $120 or so for a year's worth of perfect payments on a large $8k car loan. She said it would show up as a "car loan" on my credit reports.. how effective is this and is this a realistic thing to do??