Credit Information

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:

Washington Post

hard time to get new credit
San Francisco Chronicle,  USA - 5 hours ago
(09-07) 17:48 PDT -- Credit - the grease that lubricates the economy - is in short supply now and apparently getting even shorter. ...
Video: Obama Calls for Changes in Mortgage Giants AssociatedPress
Treasury Extends Secured Credit Line to Federal Home Loan Banks Bloomberg
Why banks are damned to a flood of credit crises Trading Markets (press release)
Independent - The Associated Press
all 5,156 news articles


NEWS.com.au

Beware of credit card sharks
NEWS.com.au, Australia - 8 hours ago
By Alex Tilbury September 08, 2008 08:05am THE average Australian already has an eye-watering credit card balance of $3100. Now lenders are attempting to ...
Interest rates up - on banks' credit cards The Age
Banks refuse credit card rate cuts Sky News Australia
Wizard's magic trick with credit cards Melbourne Herald Sun
The Sheet - Melbourne Herald Sun
all 221 news articles


Credit freeze helps thwart ID thieves
Arizona Republic, AZ - 3 hours ago
OK, so you'll never see Credit Freeze in a comic book battle of good against evil wearing a cape and long underwear. But like other superheroes, ...
ID protection can be do-it-yourself Boston Globe
College students should study up on ID theft Chicago Tribune
ID thieves can get anyone Sun-Sentinel.com
Sun-Sentinel.com
all 9 news articles


Wall Street Journal

Credit Suisse Ex-Broker Pleads Not Guilty
Wall Street Journal - 2 hours ago
By CHAD BRAY NEW YORK -- A former Credit Suisse Group broker pleaded not guilty to charges he and another broker misled investors about purchases of ...
First indictments of brokers in auction-rate securities heist WorldNetDaily
In Auction Securities Crisis, Are Brokers the Victims, Too? Wall Street Journal
all 3 news articles


Ill. credit unions help with college aid
Chicago Tribune, United States - 13 hours ago
AP CHICAGO - Authorities say eight Illinois credit unions are stepping up to plug college funding gaps wrought by the credit crunch for student tuition aid. ...
Ill. Credit Unions Help With College Aid CBS2 Chicago
State Secures More For Student Loans WEEK-TV
$100 million offered in aid for college students, state says Chicago Tribune
all 15 news articles


China Daily

New CEOs Are Untainted by Credit Woes
Wall Street Journal - 2 hours ago
Herbert M. Allison Jr. and David Moffett were on a short list of financial-services executives untarnished by the credit-market troubles. ...
Video: Feds Take Over Mortgage Giants AssociatedPress
Paulson Taps Allison and Moffett to Run Fannie Mae, Freddie Mac Bloomberg
all 549 news articles


US financial crisis spreads toward your wallet
Christian Science Monitor, MA - 16 hours ago
It warned of the danger to the nation from the sale of trillions of dollars of complex financial products called "structured credit derivatives. ...
Credit Crunch: The Sequel U.S. News & World Report
UPDATE 1-US banks' direct borrowing hits record in week Reuters
Crumbling financials have further to fall Financial Post
FXstreet.com The Foreign Exchange Market - Milwaukee Journal Sentinel
all 82 news articles


Boston Globe

US travelers face credit snafu
Boston Globe, United States - 23 hours ago
By Eric Lucas All I wanted to do was buy gas, so I put my credit card in the automatic card-reader and got ready to fill the tank. ...
Bridging the gap year: stay out of the red in the wild blue yonder Independent
all 2 news articles


Texas credit unions should disclose more information, panel says
Fort Worth Star Telegram, TX - 1 hour ago
By YAMIL BERARD The public could get detailed information about the financial health of credit unions if the Legislature adopts recommendations by the Texas ...


MSN Money UK

Credit crunch could be bad for your health
WalesOnline, United Kingdom - 1 hour ago
THE credit crunch could have a detrimental impact on people’s health as well as their bank balance. New research suggests people are buying cheaper foods to ...
Credit crunch `fuelling ill health` The Press Association
Credit crunch takes a bite out of people's health, says report Telegraph.co.uk
all 6 news articles

Credit - Google News

home | site map
© 2006