How to Raise Your Credit Score Fast ?

 

Though some of the credit-boosting activities simply take time, there are some surefire strategies if you need to know how to raise your credit score fast. This post takes a look at three of them.

The first strategy for those of you who need to know how to raise your credit score fast is to become an authorized user on a family member’s credit card. If this information is reported to the credit bureaus, this is one of the fastest and most powerful ways to increase your credit score. By adding your name as an authorized user, you can “borrow” someone else’s positive credit history.

It works like this: Ask a relative with a great credit score and a low balance as a percentage of his credit card limits to add your name to an existing account. The account holder (your relative) will call the credit card company and ask to add you as an authorized user. If they are required to provide your Social Security number, this credit card will be reported to the credit-scoring bureaus, and the positive history on the card will help boost your score.

 

A few notes for those who want to use this strategy as a way to raise your credit score:

Let the account holder know that you do not want the physical credit card. Explain that you are using this as a strategy because you are learning how to raise your credit score fast. This way, you cannot misuse the account and harm your family member’s finances or credit score.

Always make sure that the credit card account is in good standing. Otherwise, this will hurt your credit score.

This strategy will only work if you are a family member of the account holder. The credit-scoring models recently changed their formula so that authorized user accounts will be ignored if they are not family members. Be sure to pull your credit report after you have been added to the account to make sure it is appearing on your credit report.

The second strategy for those of you who need to know how to raise your credit score fast is to make sure you are not a victim of identity theft and do not have any errors on your credit report. Make sure you are making the best credit monitoring choices by reviewing your credit report for negative information that does not belong to you. As well, you will want to make sure your credit card limits are reported accurately and that there are no other mistakes on your credit report.

 The final strategy for learning how to raise your credit score fast is to lower your credit card balances. Easier said than done, you might be thinking. True, but there are two strategies you might not have considered.

 1. If you transfer funds among your existing credit cards, can you attain balances that are no more than 30 percent of your credit card limits? Raising some of your credit card balances so that you can lower others is not a bad strategy, so long as none of your balances exceed the 30 percent threshold.

2. Can you persuade the credit card companies to increase your limit so your balance is less than 30 percent?

Short of this, paying down your credit card balances is among the fastest strategies for those who want to learn how to raise their credit score fast. After all, your outstanding debt makes up 30 percent of your credit score!

At Credit Repair Ease, we appreciate that is easy to get overwhelmed by all the talk about credit scores. Our team works have simplified things by providing insightful resources to help you out. We have made it easier to access your credit report, review the report, monitor your credit report, and improve your credit score. We have decades of experience in the industry and over the years, we have become the go-to people for a quick understanding of credit scores.

Talk on (888) 803-7889 today and learn everything you need to know about credit scores and how to improve yours.