What if you knew how to raise your credit score 20 points in the next 30 days? Would you do it? What if you knew how to raise it 100 points? I’m sure your saying “Well, duh! That’s a no brainer! Of course I would!” As you are reading every word of this article I want you to imagine how it is going to feel when your banker tells you that you are approved for that new car loan or mortgage loan. thecreditrepairblueprint.com/how-to-use-dispute-letters-to-increase-your-credit-score/Can you really make that much of a difference to your credit score in one month? Well keep reading and I am going to tell you how to increase your credit score quick!
- Make sure everything on your credit report is true! Imagine this, you are looking at your credit report and you see that your visa card is showing that you have been 30 days late three times. You know that you have only been late once! How would you feel about that? Pretty angry right? Well anger won’t fix it. But you can dispute it and get all of the negative entries completely removed from your credit report. And you would be amazed at how easy it would be to do. Keep reading.
- Get all of the negative data off of your credit report. Even if it is true! Did you know that you can negotiate with your creditors to pay off entire balances for pennies on the dollar? Well you can and people do it all the time. I personally paid off one $1200 debt for $200. You just have to know how to go about doing it. And as you are negotiating that lowered pay off you can also convince them to remove the negative entry from your credit report. Do you know how much this will raise your credit score? Well, I will tell you this, the part of your credit report that tells whether or not you are paying your bills on time accounts for 50% of your credit score. So I’m sure you can imagine just looking at your own credit report how much your score would go up if all that bad information simply disappeared.
- Remove past inquiries. An inquiry is anytime you have applied for credit. You have soft inquiries and hard inquiries. The hard inquiries are what hurt you. There is a way that you can have your past inquiries removed from your credit report. All you have to do is dispute them. But you have to do it the right way. The “inquiries part” of your credit report accounts for 20% of your credit score. And these are the easiest to get off of your credit report!
- Go further into debt. OK, this part is a bonus. Because this will be an ongoing process. I’m sure you have heard the saying, “You have to use credit to have credit.” Well it’s the truth. Have you ever been turned down because you didn’t have “enough” credit history? So you need to get a credit card. And there a several “right” and “wrong” ways of doing this. You want to make sure you are doing it the “right” way, because you can set your self up for failure if your not careful.
Now, a word of caution. There is all kinds of information floating around the internet on this subject. Much of it is outdated, or just plain wrong! You can get yourself into a lot of trouble if you put the wrong information to use. Now I know you may be feeling that you can’t do this on your own. I felt the same way when I was trying to put these methods to work. But what I found was, the process is VERY simple. All you need is the right information.