| You might wonder what's the fastest way to raise my | | | | business and professional publications and |
| credit score?. The answer is only one - How much do | | | | organizations. These would include magazines, |
| you want to raise it? The proven techniques to fix | | | | newsletters, trade journals and national associations. |
| credit score have laid out some strategy depends on | | | | The goal is to get ones name into the databases of |
| how much you would like to raise your credit score. | | | | these publications and organizations. |
| For example, if you wish to increase your score from | | | | Why? |
| 580 to 650 then your strategy will be very different | | | | The reason is simple - to get on highly targeted lists in |
| from someone wanting to go from 670 to 725. | | | | order to receive select credit offers. |
| Why? Because you starting point is different which | | | | Marketers of credit offers have found that simply |
| requires a different approach. Also, while the removal | | | | renting names of consumers from the credit bureaus |
| of negative items from a report will almost always | | | | does not provide enough information about the person |
| lead to an increase in score, it’s a basic concept at | | | | as a credit risk anymore. Therefore, it is speculated |
| best. Therefore, within this article, we’ll discuss | | | | that many will rent a list from the credit bureau and |
| somewhat inside techniques known by very few since | | | | then cross-reference this list against another list they |
| this is a limited guide being published by Consumer | | | | have secured from a consumer source such as an |
| Publishing Group a.k.a the Credit Secrets Bible. | | | | affluent business or professional publication, trade |
| Among the few insider techniques explained in the | | | | journal or organization. |
| guide are:- | | | | By crossing the two lists together the marketers find |
| ADVANCED CREDIT PROFILING | | | | the names contained on both lists. This in turn provides |
| | | | them with one highly refined and targeted list to mail |
| This is a strategy while not complex, can be taken to | | | | their offer to. This results in shortening the process of |
| very complex levels. Even in its’ most basic form, | | | | securing a new quality account holder thus lower the |
| it’s taken advantage of by very, very few. It | | | | overall account acquisition cost of new accounts. |
| involves intentionally building your credit report in a way | | | | When a consumer learns how to intentionally put |
| which creates a “profile” that closely fits the | | | | themselves into these databases to wind up on these |
| criteria of most lenders (as well as the overall credit | | | | refined lists, the credit building process is sped up |
| scoring system). Again, this is a technique which can | | | | exponentially. Of course, many would call this “highly |
| be used in a myriad of complex ways, but for | | | | speculative” but we have undeniable experience |
| simplicity I will explain it in its’ most basic form. | | | | that it works. |
| While many consumers will boast when they have 10, | | | | |
| 20, 30 or even 50 thousand dollars worth of credit | | | | DEPOSIT LOAN PROGRAMS: |
| cards on their report, many of these same people do | | | | This is a technique so unbelievable that I myself |
| NOT have even one mortgage, automotive loan or | | | | proclaimed it had to be a scam before researching the |
| lease, equipment loan or a even a line of credit with a | | | | facts. It allows the consumer (or business) to have a |
| local bank or credit union. These other forms of credit | | | | $25,000 to $250,000 loan appear on their credit report |
| create a much more well rounded credit profile for the | | | | as “Paid as Agreed” by way of very creative |
| consumer. This is achieved by showing greater credit | | | | financing. This method is extremely effective and not |
| account diversity and experience with multiple types of | | | | within the budget of most ($750 to $7,500 upfront). |
| credit due to the various lines held. | | | | Also, because this technique takes advantage of |
| For example. A person with $50K in credit cards does | | | | certain banking laws, I have reason to believe it could |
| not represent near the credit experience as a person | | | | be made unavailable at any time if those banking laws |
| with the same $50K along with a mortgage, an | | | | were to change. This method can be used with |
| automotive loan and an equipment lease. We have | | | | consumer credit files on SSN’s as well as business |
| clients who have financed vehicles not because they | | | | and corporate credit files done on TIN’s as well as |
| had to (or even wanted to) but because they | | | | Dunn and Bradstreet. |
| “needed to” in order to create a credit profile | | | | In the end, all of us need to remember that today our |
| that would position them in the future to secure the | | | | credit score is more important than it has ever been in |
| lowest possible rate on a mortgage when they applied | | | | the history of the credit reporting system. While credit |
| and needed it. | | | | miracles don’t happen overnight, you can create |
| Subscribing to Affluent or Semi-Affluent Business and | | | | your own credit miracles by applying simple insider |
| Professional Publications and Organizations | | | | strategies consistently over time. |
| More complex forms of Advance Credit Profiling | | | | Learn more techniques and get the full story on how |
| involve one subscribing to affluent or semi-affluent | | | | to fix credit score. |