Edge of Bankruptcy

Submit Enquiry

Name

Email

Phone:

Enquiry Type

Comments

Enter Code:
Captcha

How to Improve Your Credit Score in 24 Hours

If you are like lots of people these days, you are thinking of shopping for a new home or new vehicle loan. Why? Because interest rates are still the lowest they have been in 40 years, and now is a better time than any to get financing. I just bought an RV myself, and I remember the nervous feeling while they pulled my credit score at the dealer. 668 *whew*. Not bad as it turns out.

Many people don't plan ahead and pick up their credit score before shopping for a loan to get the best credit possible. A lower credit score (one below 620 or even 650) can mean the highest interest rate and highest monthly payments. A score of above 720 means the lowest rates possible. Having the best credit score you can have means saving thousands of dollars over the life of your loan.

How can you raise your credit score in a quick period of time, and save?

There are several ways to improve your credit score in just a day, or even hours. One is called the rapid rescore process, offered through your mortgage officer only, by a company called Access. With this system, you must do legwork to change your credit report contents yourself.. So for instance, you might have to pay off certain collections or liens and call the credit bureau to change your credit report contents. The rapid rescore process gives your credit score a second look within a day or two so that any improvements will show on your second credit score. The drawbacks of this process if you can only do it through a mortgage broker, and also, you must have something that you can improve quickly on your report such as paying off a collection or a card balance.

Another way to improve your credit score quickly is to use techniques to temporarily bump up your credit score. I talk about these in my ebook - Improve Your Credit Score In 24 Hours - I also provide special phone and fax number info for credit bureaus. Depending on which creditors and credit bureaus you use you can many times cause your credit a temporary boost. Techniques like this are a great survival skill in your credit career. I think they are the best because they work no matter what's on your credit report.

People are getting more financial savvy these days with gurus like Suze Orman telling folks about their FICO scores (another term for credit scores). I think it is good because having credit knowledge before you make large purchases for things like homes or cars can save you thousands of dollars and put more money where it belongs, your investment future.

Good luck with Improving your Credit Score!

For more information go to: http://www.thebestever.net/credit/creditscore1.aspThis article is free for republishing
Source: http://www.articlealley.com/article_52464_19.html


Don't Miss...
  1. Student Loans? Don't Bother Me. I'm Eccentric.
  2. You Don’t Need A Professional To Improve Your Credit Score
  3. Bad Credit Homeowner Loans: tackling the financial requirements of poor creditors
  4. Should You Pay Off Your Mortgage?
  5. Very Bad Credit Loans: Designed To Prop Bad Creditors
  6. Sub Prime Auto Loans: Bad Creditors can Own Car too
  7. Bad Debt Unsecured Loans: Loans without Security for Bad Creditors
  8. Burdened with debt? Go for Consolidation Loans
  9. Does Debt Settlement Affect Your Credit Score?
  10. Consolidate your Credit Card Debt and Increase your Credit Score
  11. Improve You Credit Scores: The Easy Way
  12. Home Loans and Poor Credit
  13. Focus On One Loan With Debt Consolidation Loans
  14. Bad Credit Unsecured Loans: Help Keep A Good Financial Health
  15. Same Day Cash Loans :Tackle Financial Urgencies With Same Day Cash Loans
  16. Payday Loans U.K: a financial boon for salaried class
  17. Get Yourself Started With Small Business Loans
  18. Bad Credit Home Equity Loans: Make The Best Use Of It
  19. Correcting The Common Misconceptions About Filing Bankruptcy
  20. Faxless Payday Loans - Secure Up to $1,500 In Less Than 24 Hours
  21. Cure Your Debts with Debt Consolidation Loans
  22. Bad Credit Debt Consolidation Loan: Loans To Repair Bad Credit Score
  23. Fixing Your Credit Score Doesn't Have to Cost You Credit repair
  24. Loans for Bad Credit: Financial Solutions for Bad Creditors
  25. Who Needs To Improve Their Credit Score
  26. Replenish Credit Score by Credit Card Debt Management Services
  27. Loans with Bad Credit: A Boon for Bad Creditors
  28. Insolvency Services in the United Kingdom
  29. Understanding The Factors That Create Your Credit Score
  30. What Bad Credit Payday Loans Are All About
Latest...
  1. Free Credit Score Check
  2. Credit Score Improves by Paying on Time
  3. How To Improve A Low Credit Score
  4. Think Credit Scores Do Not Apply To Young Adults? Think Again.
  5. Abusing Your Credit Card Could Hurt Your Credit Score
  6. Poor Credit Score? Find the Best Bad Credit Card
  7. Why Not Knowing Your Credit Score Can Hurt You
  8. Credit Scores - Does it Matter?
  9. New Credit Score System Supposed to Simplify, Not Confuse
  10. How to Improve Your Credit Score under the New VantageScore System

© Edge of Bankruptcy 2008. All Rights Reserved