<prompt> Human: I would like to hear some peoples opinions on if this is valid or not. I was told a trick to quickly boosting your credit score from a friend, whos opinions I trust. he is very well off, 100k car, nice cloths, the whole package. he was talling me that all you have to do is buy a 1 item a candy bar or something small and thats it nothing else for the whole month, pay off that 1 and do the same thing the next month. he said within 6-8 months your credit score should be in the high 700s at which point you can qualify for a super low interest loan from your bank. take out a 20k loan. make the min payments for a few months and then pay off the whole thing. at which point your credit score will be even high and now you have good rep with your bank. you will be able to take out even larger loans. take out 100k low interest loan. only use the bare minimum on your self for rentfoodfun and use the majority of it to pay its self off. rinse and repeat. this dosnt make any since to me. although what do i know my only form of credit is a khols card. i just dont see how this wold work.  <response>: You can get an 800 credit score with a couple of credit cards. Why would you bother paying interest on a loan, if you can do it for free? 