3 Ways to Improve Your Credit Score by 50 Points In Less Than 30 Days


In Less Than 30 Days.
 
"What can you do to increase that set of three numbers on your
credit report that can be so important with your financing?"
 
I came across this question as I was surfing discussion groups
the other day.  Check out my answer:
 
Dear Friend,
 
Here are 3 steps I used to take my credit score from 592
(horrible credit) to 762 (perfect credit) almost overnight. 
If you're interested in improving your credit rating quickly,
you'll find this story helpful:
 
In 1995 I made a decision that would ruin my perfect credit
history.  I quit my salary job to become an insurance salesman. 
The job paid commission only.  Within a few months I lost
everything - house, car, credit rating and my self respect.
 
By the end of 1996 I was living with my mom, all my credit
accounts were severely past due,  and I was paying 22%
interest on a broke-down green Geo Storm...I was a real loser.
 
Then, in 1997, I became a banker.  I didn't know it at the time,
but this would turn out to be the break I needed to eliminate my
credit problems forever.
 
During my seven years as a banker, I came across several
legal and highly effective ways to improve my credit rating. 
As a result, I was able to increase my credit scores by an
average of 170 points. 
 
Here's what I did:
 
Step #1:
After spending hundreds of dollars on credit repair services that
didn't work, I found out how to get negative accounts removed
on my own. 
 
Basically, I wrote letters to the collection agencies requesting
proof that the accounts were mine.  89% of the time they had
no proof that the bad accounts belonged to me.  So I was able
to get them deleted from my credit file.
 
Step #2: 
I opened new accounts with high credit limits and kept the
balances low. 
 
I discovered that if you keep your available credit limits high and
only use 10% to 30% of the credit you have available, your
credit score will improve dramatically.
 
 
Step #3: 
Next, I added accounts with years of perfect payment history to
my credit file.  This step took my credit score from 647 to 762.
 
While you can certainly add seasoned accounts to your credit
file for free, there are companies that claim they can do it for
a fee. 
 
The problem is, they charge between $2,000 and $2,500 per
account.  If you want a 700+ credit score you'll need 3 to 4 of
these accounts. That equates to a cost of $6,000 to $10,000. 
 
(You can conduct a search on your favorite search engine for
companies that offer this service.)
 
 
While there are several highly effective steps you can take to
increase your credit scores by as much as 200 points, these
are the main ones...And here's the good news:  Each step can
be completed in less than 30 days. 

By Hartley W. Pinn, Jr, CEO, http://www.AtBalanceCreditRepair.com
Revealing the insider credit secrets you can use to increase
your credit scores by up to 200 Points.
 
For more information please visit:
http://www.AtBalanceCreditRepair.com/credit/8


MORE RESOURCES:

GM, Chrysler, credit unions expand loan programs
Forbes, NY - 10 hours ago
AP , 01.07.09, 03:29 PM EST General Motors and Chrysler say they're both expanding deals that offer low-cost loans and special pricing incentives to credit ...
GM, Chrysler, credit unions expand loan programs The Associated Press
GM To Expand Credit Union Discounts Nationwide CNNMoney.com
GM, Chrysler, Credit Unions Expand Loan Programs WWJ
Automotive News - Crain's Detroit Business
all 125 news articles


Reuters

Stimulus Plan Would Expand Tax Credit for Poor
Wall Street Journal - 3 hours ago
The plan would grant an estimated 5.5 million poor children access to the credit for the first time, and expand the tax benefit for millions more poor ...
Video: Obama to Bring Accountability to Spending Plan AssociatedPress
Lawmakers and Financial Experts Question Obama's Tax Cuts Washington Post
Tax Credits vs. Spending: Why Progressives Should Care How the ... Huffington Post
Farm Futures - Christian Science Monitor
all 5,910 news articles


Javno.hr

Loan Delinquencies Hit Record High Last Year
Washington Post, United States - 1 hour ago
By Nancy Trejos Delinquencies on auto loans and home equity lines of credit reached their highest levels on record during the third quarter of 2008, ...
US Lenders Pay As Idled Borrowers Don't Forbes
Delinquent consumer loans rise to near record Minneapolis Star Tribune
HELOC, Car Loan Delinquencies At Record Highs U.S. News & World Report
USA Today - Reuters
all 50 news articles


S&P Lowers Credit Ratings on PNC
Wall Street Journal - 8 hours ago
By JOHN KELL Standard & Poor's Ratings Service lowered its credit ratings on PNC Financial Services Group Inc. because of concerns about the size of its ...
Market Report -- In Play (PNC) MSN Money
all 14 news articles


CBS News

Working Triage In The Credit Crisis
CBS News, NY - 7 hours ago
(CBS) The recession gets the credit for lower oil prices - and for more Americans falling behind on their loan payments. A new report says that, ...
Simpler Credit Card Statements On The Way MSNBC
6 new rules of credit card negotiations CreditCards.com
all 16 news articles


Fewer apply for home loans; credit line delinquencies increase
Los Angeles Times, CA - 1 hour ago
By E. Scott Reckard Fewer Americans applied for mortgages last week and more have been missing payments on their home equity lines of credit, according to ...
Homeowners with good credit scores are poised to capitalize on ... Baltimore Sun
Mortgage applications down, home-equity credit delinquencies up Los Angeles Times
all 98 news articles


US consumer credit worsens in December: Fitch
Reuters - 13 hours ago
NEW YORK, Jan 7 (Reuters) - US consumer credit deteriorated in December as credit card defaults rose and cardholder payment rates suffered the largest one ...
Credit card defaults rise again in December Forbes
Credit-Card Charge Offs Jump Wall Street Journal Blogs
Fitch: US Credit Card Defaults Rise, Payments Slow as Consumers ... Earthtimes (press release)
all 16 news articles


Swap Spread Shows ‘Healing’ of Credit Markets: Chart of Day
Bloomberg - 5 hours ago
8 (Bloomberg) -- Interest-rate derivatives are signaling credit markets are returning to levels not seen in a year as the Federal Reserve keeps its target ...


Carbon Credit for Reprocessed Coal Ash?
New York Times, United States - 13 hours ago
Dominion wants its reprocessing of coal-ash to generate credits for carbon-emissions reduction, which it hopes to use in the Northeast’s carbon-reduction ...


Seattle Post Intelligencer

Car dealerships slash prices to drive traffic
The Associated Press - 7 hours ago
"If you have (credit score of) 700 and above you don't have a problem getting a loan. We're seeing some great opportunities for people with excellent credit ...
Good deals for car buyers, but getting a loan harder Fox 28
all 76 news articles

Credit - Google News

home | site map
© myfinancialsolutiononline.com 2007