subject: How To Raise Credit Score - Big Foot's Big Credit Secret [print this page] How To Raise Credit Score - Big Foot's Big Credit Secret
Bigfoot's Big Insider Credit Repair Secret on How to Raise Credit Score
Bigfoot is one of the biggest mysteries out there... and so is your credit...
If you're wondering if it will do your credit more good to walk away from your house than to try and modify your loan, it depends on the type of loan and how willing your lender is to work with you. You should know that there are ways for you to save your home and modify your mortgage, but your credit will take a hit. The good news is that you can rebuild your credit quickly if you choose one of these options and try to stay on top of things.
Now, here's another credit lesson that we all should have learned of late: High scores and a decent amount of money down will do more to get you the car/house/boat of your dreams than before, but you have to prove you can pay for these things.
This is where Bigfoot's credit secrets can help show you how to raise credit score and help you out because a good high credit score is what you really need to get the goods, so to speak. Whether you're working to get that mortgage that you're just a few points shy of or you want to boost your score so that you don't have problems getting financed in a few months, you need to know this stuff.
Scenario #1: You've been working on your credit for a year now. you worked hard on your credit repair journey. Your scores have increased dramatically and you've been saving money for a good down payment on a house. You get pre-qualified for your loan and start shopping. Everything is going easy-peasy.
Then you find the house of your dreams, place a bid and BAM! Your lender tells you that for the amount of money you have down, you just don't have a high enough score. It appears that those last minute corrections that were supposed to be made to your credit report haven't reflected on your credit score yet.
What do you do???
First of all, you don't panic. You take a deep breath and talk to your lender. Here's your insider secret: rapid credit rescoring. This is a great secret in credit repair that few know about. Don't stree- almost everyone is looking to find out how to raise credit score
Here's how it works for you: you talk to your lender and provide her with the proof you have regarding the inaccuracies you've disputed. Maybe it's a late payment that should have been removed thanks to your good will letter. Maybe it's something more serious like an incorrect account listing.
Whatever it is, you provide your lender with the proof she will need when contacting a credit rescoring company. These guys are great because they can get in touch with the "credit bureaus" and get your credit rapidly rescored (usually within about three days to a week), so that you have the points you really need to get the financing.
Scenario #2: You've cleaned up your credit and are considering getting a new car in about six months or so. Your scores are now okay, but you don't have the credit card that you'd like to be able to boost your score.
Your fear is that you'll apply for a credit card that's good and get denied. Not only will the denial look bad, but so will the inquiry on your credit report. Plus, if you go for just any credit card, you could force your scores to drop because of all of the "starter fees" they put on them. This will mean that you're automatically carrying a high balance on your card.
Here's your insider credit repair secret: Piggybacking with a friend or family member who has excellent credit for a while.
You can't possibly find an easier and faster way on how to raise credit score !!!
Here's how it can work for you: If you have a family member who has really great credit, you ask them to add you as an authorized user on their account. You give them your information and they add your name, social security number and date of birth to the account. Note: Piggybacking will not work if the company does not have your information, so choose wisely!
You let the account owner keep the card that was meant for you, so you don't run up any debts that you can't pay and you "ride on their coat tails" of good credit, so to speak. This will give you the major score booster you needed within a few to six months.
So, now that you have two major insider credit score boosting secrets, what are you going to do with them? well, now you know a ton about how to raise credit score
Learn even more at http://mycreditrepairtips.com/how-to-raise-credit-score/
There is a way to get good credit and it doesn't always have to be slow and it doesn't always have to involve your money!
I hope this helped you on how to raise credit score!
