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:











RELATED ARTICLES

---

Credit Verus Debt
Secured and unsecured debt - what's the difference?It's easy to just think that debt is just debt, but in reality, there are different types of loans, and it's important to know what which type you have.You will need to understand the differences in order to be a good money manager, or, if the worse happens and you find yourself turning to credit or debt counseling, you'll need to understand how different types of debt can be handled.

---

Lower Your Credit Card Interest Rate Now!
With today's credit card companies, there are many opportunities to get your cards rate of 21% or more reduced. The higher the amount of interest your card charges will cost you more for a simple purchase and ultimately may take you years to pay off instead of months, should you make the minimum payment allowed.

---

Credit Card Entrapment - The Secrets are Out
Have you ever wondered why your credit card bill is so high and you can't seem to pay off the balance? Well you are not alone in this. You should be aware of a couple of trick that they use and you probably don't even pay attention to it, but you definitely pay for it and BIG!The next time you open up your credit card statement, take a real close look to all the "junk" inside particularly the very hard to read insert Call "changes to you credit card agreement".

---

Rate Tarts Losing Ability to Cherry Pick
A "rate tart" is someone who switches from one zero per cent introductory credit card deal to another to avoid paying interest; however they may be set to become something of the past. Recently a number of the major credit card companies, including Egg, Barclays, the Royal Bank of Scotland and MBNA have introduced transfer charges for people who want to shift their outstanding credit card balances to a new card to take advantage of a zero per cent introductory rate.

---

How To Choose Your Credit Card Application
The articles and tips provided on this site are intended to help you access credit card offers that suit your lifestyle. By providing you with some basic information, we are confident that you will be able to easily identify which are the best credit cards for you.

---

What Are the Most Common Ways to Commit Identity Theft or Fraud?
It's the number one source of consumer complaints at the Federal Trade Commission (FTC), and unfortunately, it's one of the simplest crimes to commit. Identity theft involves information from your daily life, from shopping, bill-paying, and even applying for a job.

---

Warning: Todays Non Profit Credit Counselors Are Yesterdays Bill Collectors!
Here's a dirty secret, today's "non profit credit counselors" are often just front organizations paid lucrative commissions by creditors to keep consumers from declaring bankruptcy!In the "debt collection biz", creditors will sell your outstanding debt along with the debt of hundreds of others to a collection agency for cash up front.The collection agencies will work this debt until they've made all the money they can.

---

What You Need to Know About Credit Reports
You hear people talk about credit reports all the time but do you know what they are really all about? Well, if you have ever been turned down when applying for a credit card or a loan it is high time you learned all about your credit report and how you can get it working for you instead of against you.Let's start off by explaining what your credit report actually is.

---

Credit Card Expenses Are Killing Your Budget!
Do you know the costs associated with your credit card? Do your really know? Many people assume they do but aren't aware of the hidden fees that many credit card companies are charging you month after month. In fact, if you don't keep a close eye on your credit card, you may end up paying hundreds of extra dollars per year-without ever knowing it! And if you're trying to budget your money, those hidden fees can add up!Let's take a look at some of the most common credit card fees, and then talk about how you can avoid them.

---

The Top 5 Secrets to Managing Your Credit Cards-So They Won't Manage You
You've probably never heard of Frank X. McNamara, but he revolutionized the way you shop on a daily basis.

---

10 Signs You May Need Credit Counseling
Debt management programs can be of real help for people that discover they cannot face their debts. At first, they will attempt to solve the situation all by themselves by cutting down on spending and keeping a close eye on accounts.

---

How To Eliminate Credit Card Debt
There is almost nothing more troublesome than having too much debt to pay each month. Consumers incur debt for many different reasons.

---

Is it Safe to Use Online Car Finance?
Online car finance is convenient. You can apply over the net and shop around for a good deal from the comfort of your home.

---

What Is a FICO Score and How Do I Make It Work for Me?
Whether or not you receive a loan and what interest rate you get on your credit card may be determined by something called a FICO score. Named for Fair, Isaac & Co.

---

Finding Reputable Credit Card Companies
You're interested in getting the best credit cards for your family's needs, but you don't want to be cheated. Or you're interested in small business credit cards, but you've heard that some of them aren't terribly secure.

---

Credit Repair Scams
"Erase Bad Debt !""Remove Negative Items From Your Credit Report"You've probably seen these headlines and others just like it promising to clean up or "fix" bad credit. For someone who suffers from a bad or poor credit rating, these headlines are certainly an appealing offer.

---

What Should I Do If I've Become a Victim of Identity Theft?
Identity thieves take advantage of everyday opportunities to discover your personal information and use it to commit fraud or other crimes. The good news is a victim of identity theft has more options today than ever before.

---

Credit Repair Myths and Facts
There are no secrets to repairing your credit. Many shady credit repair agencies would love you to think the contrary.

---

What Can Happen to You as a Victim of Identity Theft, Facts & Figure
Is identity theft really that serious? Thousands of people every year are victims of this terrible crime. Thieves use your personal information to commit fraud or other crimes in your name and can cause significant credit damage.

---

Clean Credit Report: Easily Raise Your Credit Score 100 points
Clean Credit Reports, your credit report contains information about where you work, live and how you pay your bills (On time or not). It also may show whether you've been sued, arrested or have filed for bankruptcy with in the last 10 years.

---