What Can You Do to Fix a Credit Score?

Tip 1 - how can i raise my credit score 100 points in 6 months

Get a Credit Report and go to work! I raised my credit score 92 points from April 2014 to Dec 2014. Takes alot of letters to Credit Bureaus! You have to know what to say and know how to read your Credit Report! It can be done! Also, I had alot of old debt, but it was worth the letters and time to get my score up, I have 1 more item coming off in Jan 2015. Experian will send you an updated Credit Report every time you dispute a debt! They will also tell you when the debt is coming off your Credit Report! Out of the 8 items removed, 4 were by Experian telling me, what dates, items were coming off my credit report and me sending a letter to remind them! The other 4 was timing and them not responding in 30 days, so they had to remove by default! So again, know what to say in your letters and make them search for the Co. and bad debt! It will work, with time and alot of hard work, it's worth it to stay on top of your Credit! IT"S IMPORTANT! You will thank me!
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Tip 2 - how can i increase my credit 100-150 points within a few months

I am a mortgage officer at a community bank. Knowing the importance of credit I have been helping my daughter to rebuild her credit over the past 11 months. Payment history makes up 35% of your credit score. If you have late payments -a good payment history takes time to rebuild! When I started working with my daughter her credit score was 533 due to late payments on her student loan and a medical collection of $135. I am pleased to say her current score is 754! You may ask how could her score be increased over 200 points in less than a year? First thing we did was put her student loans on automatic payments so she was sure not to have another late payment! Next she obtained a secure credit card with a limit of $1000 to pay for gas and groceries and pay off monthly I then added her to 3 of my credit cards as an authorized user. I choose the oldest with high credit limits.(I did not give her the cards to use-only added her as an authorized user for my own protection) BEFORE being added as an authorized user be SURE you know the credit history and habits of the owner of the account. If there is a late payment on their account this will be reflected on YOUR credit history! This increased her credit approximately 100 points She paid the collection (less than 24 months old)directly to the creditor NOT to the collection agency Use caution when paying collection accounts if over 24 months old. If you make a payment the account then becomes active and can actually hurt your credit score She received offers from credit card companies as pre-approved this gave her credit with out a credit inquiry She and I meet regularly to discuss budget and use of credit cards-she uses them for normal expenses that she previously used her debit card for-gas & groceries. This allows her to save the money and pay the credit card balance monthly. Always remember how difficult it is to increase your credit score and be sure to maintain it!
Tags: calculator, calculators, calculate, loans, interest, mortgages, finance, savings, credit scores, credit trends

Tip 3 - 11 Ways To Raise Your Credit Score, Fast

A recent survey from the National Foundation for Credit Counseling indicates that more people would be embarrassed to admit their credit scores (30%) than their weight (12%). While crash diets don’t usually work and can be unhealthy, it is possible to change your credit score fairly quickly. But just as with [...]
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