| -- End Ad Box ---> | | | | The rapid rescore process gives your credit score a |
| If you are like lots of people these days, you are | | | | second look within a day or two sothat any |
| thinking of shopping for a new home or new vehicle | | | | improvements will show on your second credit score. |
| loan. Why? Because interest rates are still the lowest | | | | The drawbacks of this process if you can only do it |
| they have been in 40 years, and now is a better time | | | | through a mortgage broker, and also, you must have |
| than any to get financing. I just bought an RV myself, | | | | something that you can improve quickly on your report |
| and I remember the nervous feeling while they pulled | | | | such as paying off a collection or a card balance. |
| my credit score at the dealer. 668 *whew*. Not bad | | | | Another way to improve your credit score quickly is to |
| as it turns out. | | | | use techniques to temporarily "bump up" your credit |
| Many people don’t plan ahead and pick up their | | | | score. I talk about these in my ebook "Improve Your |
| credit score before shopping for a loan to get the best | | | | Credit Score In 24 Hours". I also provide special phone |
| credit possible. A lower credit score (one below 620 or | | | | and fax number info for credit bureaus. Depending on |
| even 650) can mean the highest interest rate and | | | | which creditors and credit bureaus you use you can |
| highest monthly payments. A score of above 720 | | | | many times cause your credit a temporary "boost". |
| means the lowest rates possible. Having the best | | | | Techniques like this are a great "survival skill" in your |
| credit score you can have means saving thousands of | | | | credit career. I think they are the best because they |
| dollars over the life of your loan. How can you raise | | | | work no matter what's on your credit report. |
| your credit score in a quick period of time, and save? | | | | People are getting more financial savvy these days |
| There are several ways to improve your credit score | | | | with gurus like Suze Orman telling folks about their |
| in just a day, or even hours. One is called the "rapid | | | | FICO scores (another term for credit scores). I think it |
| rescore" process, offered through your mortgage | | | | is good because having credit knowledge before you |
| officer only, by a company called Access. With this | | | | make large purchases for things like homes or cars |
| system, you must do legwork to change your credit | | | | can save you thousands of dollars and put more |
| report contents yourself.. So for instance, you might | | | | money where it belongs, your investment future. |
| have to pay off certain collections or liens and call | | | | Good luck with Improving your Credit Score! |
| thecredit bureau to change your credit report contents. | | | | |