Your credit score is an important number that’s used in order to make all sorts of financial judgments
about you. It’s not only used to determine how much of a risk you are to creditors, but it’s also seem as
a character score. The ability to raise it will certainly make life easier on you, but can this be done? The
answer is yes. In fact with the right techniques it’s possible to raise your credit score by over 100 points
in a fairly decent period of time.
We want to be clear that raising your score by this much is no easy task. There are a few important
things you should know first:
The chances of you raising your credit score by 100 points fairly fast will depend on where it
currently is. If your credit score is already really low for example, the raising it by a high number
is easy with just simple action. Someone who already has an average or an above average score
will actually have to work harder. Think of it as someone who is trying to lose weight and the
beginning weight their at is 300 pounds. Now what if a person is at 175 pounds? The weight loss
is going to come easier for the heavier person.
Your credit score will not shoot up by 100 points over night. It’s going to take some time in order
to get it raised by a certain amount. And in order to ensure you have the best chance to see the
full benefit, then you must avoid doing things that will in the present hurt it. You must still make
good credit decisions and not have serious inquires on your credit due to trying to open new
lines of credit.
No company can guarantee you a specific result when it comes to raising your credit score. The
reason why people love seeing large numbers is because its usually enough to make a significant
difference. An increase of up to 100 points on anyone’s credit is going to make them look good.
It can turn a bad credit score into a good credit score and a good credit score into a great credit
score.
There are two main ways to boost your credit score by 100 points or even more fairly soon. When we
say fairly soon we don’t mean overnight.
The first thing you can do is get a copy of your credit report and aggressively dispute anything on it you feel shouldn’t be there. Any negative items on your credit report are going to contribute to it being really low. The more you can get these negative items removed then the faster your score can increase.
Sometimes you can even get items removed that you know do belong there.
The second thing you need to do is find ways to make yourself look better as a credit risk. This will
require you to take out some form of personal loan that you can be sure is going to be reported to the credit bureaus. You’d want the loan to be fairly small, but make regular payments on it in order to
establish a good payment history.
The last thing you might want to consider is taking out a secured credit card. It should be one that reports to the major credit bureaus, not a prepaid option. Make regular payments and establish a good track record. You’ll be surprised at how much this will make your credit score jump up.
Raising your credit score at all requires you to make good credit decisions. So before you start focusing
on raising the score, learn what to not do in the present in order to protect the credit score you have
now from not becoming worse.