Multiple Pledge Loans?

I’ve had 2 pledge loans in the pass and paid them for the full term but I was wondering am I able to open pledge loans back to back if that makes sense?

For example I open a pledge loan for $3001 for 60 months wait a month for it to report to the credit bureaus pay 90% off wait another month for it to report and pay the whole loan off then do the whole process again so it shows multiple loans on my report paid off.

Just an idea! I was wondering if anyone else has done this 😂