World Biz Info
The source of the best business, financial and legal news
web www.worldbizinfo.com
Business Informations

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:

Boston Globe

Ex-Credit Suisse brokers indicted on fraud charges
Financial Times, UK - Sep 5, 2008
By Joanna Chung in New York Two former Credit Suisse brokers have been indicted on fraud and conspiracy charges related to the sale of auction rate ...
Former Credit Suisse broker arrested in US Swissinfo
Former Credit Suisse broker charged with subprime-linked fraud in ... International Herald Tribune
UPDATE 1-FBI arrests ex-Credit Suisse broker Reuters
Independent - Forbes
all 527 news articles


Boston Globe

US travelers face credit snafu
Boston Globe, United States - 4 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


Clock ticks down on credit bureau class-action deal
Indianapolis Star, United States - 5 hours ago
In a class-action settlement, credit bureau TransUnion has agreed to provide free credit- monitoring services to millions of consumers to settle claims it ...


MORE COLLEGE CREDIT
Chicago Sun-Times, United States - 15 hours ago
Despite the current nationwide credit crunch, the State of Illinois secured $100 million for the student loans by tapping a new source -- credit unions. ...


CEP News

S&P raises Nalco Co.'s credit rating
CNNMoney.com - Sep 5, 2008
NEW YORK (Associated Press) - Standard & Poor's on Friday upgraded its corporate credit rating on Nalco Co., citing bright prospects for the company to ...
S&P puts Fifth Third on credit watch Dayton Daily News
Credit rating soars in District 300 Northwest Herald
Starbucks downgraded to 'BBB' on weakening credit metrics - S&P Hemscott
CNNMoney.com - CNNMoney.com
all 107 news articles


Credit Report Need Fixing? Take Action Yourself
Hartford Courant, United States - 14 hours ago
Mike Ferrara wants to buy a house in a few months and is worried that mistakes on his credit report will keep him from obtaining the loan he will need. ...


BBC News

18 months of credit crunch ahead, says HBOS chief
Sunday Herald, UK - 13 hours ago
By Bridget Morris THE GLOBAL credit crunch is likely to last until 2010, the head of Britain's largest mortgage provider has claimed. ...
HBOS chief says credit crunch to last through 2010 International Herald Tribune
Credit crunch will last another 18 months Telegraph.co.uk
Credit crunch to last another 18 months Times Online
Reuters - BBC News
all 42 news articles


College students should study up on ID theft
Chicago Tribune, United States - 5 hours ago
Here are tips from security experts: Avoid credit card solicitations. This is a good idea anyway to stay out of debt. But there's a scarier reason to avoid ...
Limit damage after ID theft Sun-Sentinel.com
Identity Theft Solution Corsavoo.com
What I learned when thieves stole my identity Sun-Sentinel.com
all 5 news articles


Do politicians deserve job credit?
The Jackson Citizen Patriot - MLive.com, MI - 1 hour ago
And no region is immune from politicians taking credit for jobs created in recent years. But whether those politicians can legitimately claim credit is ...


Federal housing tax credit has mixed benefits
Indianapolis Star, United States - Sep 5, 2008
By Jeff Swiatek At Carpenter Realtors in the Indianapolis area, agents wear lapel buttons proclaiming, "Ask me about the $7500 tax credit. ...
Plenty to Coax Home Buyers Back To the Market Washington Post
all 2 news articles

credit - Google News

home | site map
© 2006
web www.worldbizinfo.com