Official Carleton H. Sheets^® Website

I just wanted to let everyone know that the credit pursuit works.  I did have a problem at first trying to find a bank that would do a secured loan below $2500.  So I then Got a 1st Premier Credit Card for $300 ( secured) and used that card to get an orchard bank card (3 days turn-around - secured of course), I pulled that money and added another $700 and got a $950 secured loan ($1000-they take 5% for security purposes, in case you default).  I then took that $950 and opened up another $500 secured loan and another one for $300.  But the interesting thing is I didn't use the bank, I went to local credit unions and was in and out within 30 mins.  My monthly payment total for all is less than $125 per month, a small price to pay for the increase in my score and of course that still left me with $875 cash.  I will pay them off in 4 - 6 months.  I am looking for a good increase in my score.  It's not as hard as we have been made to believe by non-believers.  It does work.

I hope I'm not bothering you by asking this, but could you go into a little more detail onhow you did this? I need some credit help, and I'd like to do it as quickly as possible. I MAY have up to $800 in the next month, and if I can use that to quickly raise my score (in the next 6 months), it'd greatly help my path to untold riches!  Thanks.

I actually found local credit unions which is the best way to go.  Now Washington Mutual is now offering $300 secured credit cards.  I would take the $800 you have and go get a secured loan from a local credit union.  Most do not ask to pull your credit, because it's secured with your own money.  However, they will only give you about $750 loan against your $800 deposit.  Take that $750 and repeat the same procedure with 2 other credit unions.  I personally included a secured card in with my credit pursuit plan.  Make sure that you only pay the minimum payment and also make sure that you ask for the longest length of time to pay back your loan, so that you can get the lowest monthly payment.  You use your money from the very last account/loan you received and you make your monthly payments with that money.  If you do it for 6 months then take the balance of your money and payoff the very last loan you opened up, you will then receive the secured money you gave the credit union originally.  You then take that money and pay off the next to the last loan your received, take that money and payoff the loans in reverse order and you received them.  Let me know how it works out for you.

Hai Guys!


I am Joy. I want to know more about Credit Pursuit - Working!Can any one please explain briefly here.

I am looking forword all of your explaination.


Thanks in advance....

I am not sure which part you are trying to improve your understanding of.

"CREDIT PURSUIT - WORKING" is a technique to improve your credit score. It's useful if your score is really bad - so bad that you either can't get a loan, or can't get an affordable rate (typically a high credit score gets you better rates).

The technique involves borrowing "secured" money. An example might be you borrow $900 from a bank, and SECURE the loan with $1000 of your own money. It might sound daft, but the bank is usually prepared to loan you money which is literally risk-free for them - so you now have "credit". You repay the loan (NEVER be late else you're just wasting time and money) and voila, your score improves. It typically costs you some money - but not as much as you think: the bank might charge you, say 10% interest on the $900 they loan you, but hopedully they will invest your "security deposit" of $1,000 in an interest bearing account.

You only need to do this if your credit score is too low to achieve your borrowing needs.

As I recall, Carlton explains this in his documentation somewhere. Also, I believe he recommended paying the loan back faster (this would reduce the amount of interest you end up paying); I would hope that doing so does not impair your credit rebuilding efforts, but on that point I am uncertain.

WiZ