Recently I was applying for a loan and needed to increase my credit score. I needed to get above 650 to qualify for the rate I wanted. My current score was 590. I was able to repair my bad credit fast and got my score to 700 in less than 60 days.
Statistics show 52% of consumers don’t know what factors into there credit report. 90% don’t know what’s in there report and 75% of credit reports have some type of error.
The method I used to repair my bad credit fast took less than 60 days. With this in mind you should not apply for a loan until you have confirmed your score is where you want it to be.
The lender looks at your credit score the day they pull it from the services. Since this is a snapshot not a moving picture we want to have our score at it’s best for this moment.
You can get your report for free at annualcreditreport.com. This is not a membership site. They allow you to view your report once a year for free with no obligations.
You can choose to view your report online. First I noted any late charges. The ones relating to medical bills were the first ones i attacked. The medical billing companies do not have enough time to worry about confirming all the inquiries they get. They will most likely ignore them.
You want to dispute any late payments to put the burden of proof on the creditor. Even if they eventually confirm the information they will probably not do it in the allotted time frame.
Now we must write to the credit bureaus and tell them which items we want to dispute and why. There are some things you need to be aware of that I will go into later. They will have 30 days to investigate. They will request information from each creditor to confirm the late payments. If there is no response in the alloted time then they must remove the items.
according to consumer law you are entitled to receive a credit report from the credit bureaus with any corrections.
The steps to repair bad credit fast is not a difficult one. I was able to lift my score 110 points in less then 60 days. For an easy to follow guide to better credit visit repairbadcreditfast.info