How to Raise Your Credit Score 100 Points in 45 Minutes - Climb the Credit Score Scale

Without hiring a credit counselor and without spending any money, you can increase your credit score 100 points entirely on your own. By following these steps, you can increase your rating in just a short period of time.

Why would you want to do this?

Besides using your score to get approved for a loan, this rating is an important piece of information for many other purposes. For example, credit card companies are sending out notices to consumers that their spending limit is being reduced from $10,000 to a measly $500 because of decisions they have to make with the credit crunch.

Who else is checking your score?

Your boss or potential employer regularly runs background checks, which includes your credit rating. Why would they want to see this? It is an indicator of how responsible you are, how often you move, and if you have any major personal issues in your life that may keep you from being focused on your job.

Your credit score is actually used to hire, fire and decisions for promotions.

So how can you raise your rating in a matter of minutes?

The easiest and fastest way to do this is to find all of the negative information on all 3 of your files. Chances are you'll find a few of these items that are not accurate. For instance, there may be an items that is older than 7 years old, which by law should no longer be on your report and affecting your score.

You can also find delinquencies for accounts you never even owned, late payments for credit cards that were closed years ago. Once you find these mistakes, notify the reporting agency and demand that the items be removed. By law, they must remove the mistakes and as a result your score could increase 100 points or more for less than 45 minutes of work.