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How can I raise my credit score by 100 points?

How can I raise my credit score 50-100 points in like 6 months?

  • I want to get a great interest rate on a house. Thanks for your help!

  • Answer:

    50 points in 6 months is doable if you commit to doing it, 100 points in that time frame is very difficult, but not impossible. It depends on what sorts of things are causing your score to be what it is. If it's past derogatory items then there is nothing that can be done to offset them other than allowing them to age and keeping more recent accounts current. The short answer and the easiest way to have a quick impact on a FICO score is to pay down revolving unsecured (credit card) debt. If you have a lot of smaller credit cards, consider consolidating them on to one. Debt to available credit is one ratio that has an impact on your FICO score. Being near credit limits is bad. If you're a WAMU customer, they have a great FICO score simulator tool for customers. If not try to google fico score simulator and see if any other tools are out there. There are also many great financial calculators free on www.dinkytown.net The best thing you can probably do is to use cash to pay off debt. Get your score where you want it using a short term plan designed specifically to get your score up. After you get your mortgage, you can re-adjust your positions without having to worry about what effect it will have on your score since you already have your mortgage.

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The quickest way is to pay down your credit card balances and pay all your bills on time. You could also try to remove some of the derogatory things on your credit reports by disputing them.

Simply Exhausted

That is pretty difficult as a fair portion of a credit score is determined by longer-term payment history.

rotflol

I can recommend a site that has helped me. It's called http://freecreditreport360.org Enjoy your day and good luck with your research Marius

Pay your bills on time. Don't go for a new credit card. Ask for credit report and if there are any errors create a dispute log.

I read your question... i was in the same position , i recieved big help from Matt at www.LEGALCPN.COM. They have a multitude of services they offer their clents. But at the very least you definitley need to order their credit bible book. It worked for me Good Luck again www.LEGALCPN.COM

SCOTT

Your best bet for something that short term would be to pay off (but not close) ALL or as much of your debt as possible. This will lower your debt to income ratio and therefor raise your attractiveness to lenders. This worked for me atleast, however I had no negatives on my credit, just a lot of debt (which I ALWAYS paid the minimum at the very least).

Love My Boxer!

... Read : - " Raise Credit Score By 100 Points " http://www.flixya.com/post/GOLDCash360/810369/ ...

Stephanie

This article has tips on improving your credit score, http://www.monitorbankrates.com/how-to-build-maintain-and-repair-your-credit

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