How to Raise Your Credit Scores Fast 2024 | Expert Tips Boost Credit Score Now

How to Raise Your Credit Scores Fast 2024 | Expert Tips Boost Credit Score Now

Raise your credit score quickly and easily with these 5 steps.
Follow this step-by-step and you will see massive improvement in your credit scores in a few months - or even as soon as a few weeks!

😍 𝐈 𝐇𝐎𝐏𝐄 𝐘𝐎𝐔 𝐆𝐔𝐘𝐒 𝐄𝐍𝐉𝐎𝐘 𝐓𝐇𝐈𝐒!
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🔔 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄 𝐍𝐎𝐖:
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STEP 1: If you don't have enough credit history and you want to increase your score IMMEDIATELY… the fastest tip is to become an "authorized user” on an established credit card. Another fast tip it to get your RENTAL history added to your credit report. One more fast tip it to get a "secured card" that has a $200 collateralized credit limit. This helps you build a quick new trade line. (I can assist with these efforts so please contact me.)

STEP 2: Pay off your balances so that your utilization is below 30%... or even better, below 10% for maximum score movement. This would make the biggest difference in your score in the shortest amount of time possible. Another strategy is to OPEN A NEW CREDIT CARD AND KEEP THE BALANCE VERY LOW. This will increase your credit limit - and instantly improve the "over-utilization" issue!

STEP 3: TRY EXPERIAN BOOST. Experian Boost is a free service that links to your accounts and then tracks your timely phone and utility payments by adding them as a trade-line to your Experian credit file. Doing this will give you a more positive credit history and more on-time payments to help bring up your score.

STEP 4: LATE PAYMENTS on your account? It’s always worth it to TRY and negotiate the terms of the debt and see if they can adjust your account status back to "current". How do you do this? By reaching out to the vendor and (if you’re having a difficult time making payments) asking if you can work out a payment plan or some type of installment loan in exchange for bringing the account current and making a payment.

STEP 5: DON’T CLOSE OUT ANY CREDIT CARDS, EVEN IF YOU DON’T USE THEM. Credit Bureaus prefer accounts with a long history. Your credit score is calculated using the average age of your credit history - and this starts from the age of your OLDEST account. If you feel you should close the old account because you "don't use that card anymore" please understand that by closing this account, you have erased your oldest trade line and when that happens - the average length of your credit history drops - making it look like you have a much newer credit history than you actually do - thereby lowering your credit score.

⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
⚡️ 𝐂𝐎𝐍𝐍𝐄𝐂𝐓 𝐖𝐈𝐓𝐇 𝐔𝐒:
🌟 Book a call with me: https://calendly.com/pkfaganappointme...
▶️ Website: https://www.therealestatepatriots.com/
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🙋‍♂️Patrick “Kevin” Fagan
NEXA Mortgage LLC - NMLS 877741
eXp Realty LLC - LIC 454749
SVP Mortgage Lending 📍

Located in Spring Branch, Texas - Assisting NATIONWIDE

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More Resources -

✅Get Your Free Credit Report Here: https://www.annualcreditreport.com

✅Dispute Letter (Dispute in Writing in your own words, Don’t Just Copy & Paste – Certified Mail with Proof of Delivery):

https://www.consumer.ftc.gov/articles.

✅How to Dispute and Error - https://www.consumerfinance.gov/ask-c.

✅Where to mail dispute letters: https://www.thebalance.com/where-shou.

✅Credit Freeze: https://clark.com/credit/credit-freez.

✅Fair Credit Reporting Law – YOUR RIGHTS BY LAW (Including 30-day and 7-year Rule, All Inaccurate information must come off and after 7 years negative information comes off): https://www.consumer.ftc.gov/articles.

✅NEW Medical Debt RULES: Beginning July 1, 2022, paid medical bills will no longer be included on credit reports issued by those three companies. Unpaid bills will be reported only if they have remained unpaid for at least 12 months. Additionally, the companies announced that starting in July 2023, they will not include information furnished to them for medical bills in collection for amounts of $500 or less.

✅Advice on Collections – See below (Paying collections does NOT automatically improve your score – The older the collection is the less impact it is having on your score, a good lender can tell you what you should focus on if you want to improve your credit for a home purchase) https://www.myfico.com/credit-educati... https://www.thebalance.com/should-you... https://www.credit.com/blog/8-things.