Boost Credit Score – A Guide To Boosting Your Credit Score In 5 Steps
Nowadays, we just cannot escape credit scores. You have to present a favorable credit score when applying for a job, for credit toward the purchase of major appliances and for mortgage of a house. As such, you have to find ways to boost credit score if it is less-than-favorable and most often in the shortest time possible.
Fortunately, there are effective, convenient and fast ways to raise your credit score. Of course, you have to exert time, effort and money for this purpose but the results should be in your favor, which means that your chances for getting that job or being approved for that credit line becomes higher, too.
First, you have to request for a correction or deletion of errors within 48 hours after discovery. Take note that this can be performed only by the bank or the mortgage company mainly through a Rapid Rescore, which is very different from sending multiple dispute letters.
You also have to complete paperwork in this regard specifically in the presentation of proof against the errors on the credit score, said proof of which can include a release of lien, a bankruptcy discharge and a satisfaction of judgment.
Second, the deletion of negative credit as a way to boost credit score requires writing dispute letters to the credit bureau concerned. If you have the proof of error as indicated in the Rapid Rescore, you should also attach it to the dispute letter.
This is not necessary, however, since the credit bureau is mandated by law to look into the matter within a reasonable amount of time (30 days in industry practice). You may also hire someone to do the job although we must emphasize that scams do exist on this matter.
To read part 2 of the boosting credit score guide, click here.