Raise My Credit Score by 100 Points

Many in the past have asked questions like “is it possible to raise my credit score 100 points by Christmas?”

Answer…

Good news and bad news…

Good news… yes it’s very possible to raise your credit score 100 points.

The “not so” bad news is, although it won’t happen by Christmas you could conceivably do it by the time your credit card bills arrive in the New Year mail. Most think it takes a long time but following these steps it is possible to raise your credit score fast.

Since at least 2 out of 3 Americans have at least one blemish on their credit score significant enough to be denied a loan, housing, insurance or utilities this post probably applies to the majority of my readers.

The following method has been proven to work in many case in as little as 45 days.

Step #1 – Get your credit score from all 3 bureaus

Step #2 – By scrutinizing the 3 reports look for discrepancies between them. Look for differences in how each item is reported on each file such as dates filed, amounts, balance due or creditor. Any item that is not identical between the 3 bureau reports is an inaccurate item you are within your right to legitimately dispute.

Step #3 – Prioritize the items from most severe to least  Public record items (things like foreclosure, bankruptcy etc) are most severe,.

Step #4 – Beginning with the most severe items put together a letter for each of the bureaus with no more than 5 dispute items per letter and send it as certified mail.

Step #5 – Wait to receive a reply… typically 30-35 days at which time if successful you should see a large increase to your credit score.

Step #6 – Repeat the above process with any remaining disputed items.

The above strategy is the same most credit repair specialists use so get out there, give it a try and enjoy 2012 with a new higher credit score.