Raise Your Credit Score Fast - 3 Things To Do Today
If you have recently been denied a credit card or a car loan, it may be that your credit score is too low.
This score is what banks and credit card companies look at in order to decide if they will offer you a loan and, if so, what rates you'll qualify for.
But, more and more, credit scores are being used to make decisions about a whole host of other things that will influence how you live your life: * Getting a phone line * Getting a job * Getting health insurance (see above "Getting a job") So it's in your best interest to improve your credit score fast, as high up as you can get it.
But it's pretty discouraging knowing that you can't change your credit score overnight.
But there are some things that you can do, today, to make a real impact on your future financial plans.
Here are 3 things you can do to improve your credit score fast.
1.
The first thing to do that will improve your credit score fast is to ask for a credit report from the three major credit bureaus.
In other words, start by knowing where you are.
By doing this, you can find out about your credit history and compare each report and determine if it contains errors that may be hurting your credit score.
By law you are entitled to get one free credit report every twelve months from each of the "Big Three" credit reporting companies: * Equifax * Experian * TransUnion Once you get your credit report, read it to see if there are errors or incomplete info.
For example, if you noticed that a particular report contains an unpaid debt but you previously paid it, you have to correct the error by sending a letter and the proof that you paid the debt in full.
Fact is, credit bureaus are responsible (by law) for correcting any mistakes in your credit report.
Errors like this will lower your credit score.
By correcting these errors consistently, you may be able to begin raising your credit score in as little as thirty days.
2.
The next best thing you need to do to improve your credit score fast is to pay down the debt you have.
The point to all this is to pay down your credit card debt so that it will not have a balance that exceeds 50% of your credit limit.
3.
The third thing that will improve your credit score fast is to begin paying all your bills on time.
By doing this, the creditors will not report any negative things about your credit activities.
By paying your bills on time, you will be able to raise your credit score.
The easiest way to get these reports is by visiting http://www.
annualcreditreport.
com.
Conclusion Improve your credit score fast by beginning to do these three things -- today.
This score is what banks and credit card companies look at in order to decide if they will offer you a loan and, if so, what rates you'll qualify for.
But, more and more, credit scores are being used to make decisions about a whole host of other things that will influence how you live your life: * Getting a phone line * Getting a job * Getting health insurance (see above "Getting a job") So it's in your best interest to improve your credit score fast, as high up as you can get it.
But it's pretty discouraging knowing that you can't change your credit score overnight.
But there are some things that you can do, today, to make a real impact on your future financial plans.
Here are 3 things you can do to improve your credit score fast.
1.
The first thing to do that will improve your credit score fast is to ask for a credit report from the three major credit bureaus.
In other words, start by knowing where you are.
By doing this, you can find out about your credit history and compare each report and determine if it contains errors that may be hurting your credit score.
By law you are entitled to get one free credit report every twelve months from each of the "Big Three" credit reporting companies: * Equifax * Experian * TransUnion Once you get your credit report, read it to see if there are errors or incomplete info.
For example, if you noticed that a particular report contains an unpaid debt but you previously paid it, you have to correct the error by sending a letter and the proof that you paid the debt in full.
Fact is, credit bureaus are responsible (by law) for correcting any mistakes in your credit report.
Errors like this will lower your credit score.
By correcting these errors consistently, you may be able to begin raising your credit score in as little as thirty days.
2.
The next best thing you need to do to improve your credit score fast is to pay down the debt you have.
The point to all this is to pay down your credit card debt so that it will not have a balance that exceeds 50% of your credit limit.
3.
The third thing that will improve your credit score fast is to begin paying all your bills on time.
By doing this, the creditors will not report any negative things about your credit activities.
By paying your bills on time, you will be able to raise your credit score.
The easiest way to get these reports is by visiting http://www.
annualcreditreport.
com.
Conclusion Improve your credit score fast by beginning to do these three things -- today.
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