Raise Credit Score 100 Points Overnight!

Raise Credit Score 100 Points Overnight

Raise credit score 100 points overnight… Is that even possible? Yes! As more and more consumers
succumb to the guilty pleasure of easy credit, the unfortunate side effect is that many consumers are
experiencing low credit scores. The good news is that there are ways to raise your credit score,
regardless of whether your credit score is bad because of a bankruptcy or simply too much of a good
thing; in this case, credit.

Steps to Raise Credit Score 100 Points Overnight

The first step in raising your credit is understanding exactly what is on your credit report. Credit
information is collected by three main collection bureaus and you should know exactly what each one of
them has to say about your credit history and score. So, get started by requesting copies of your credit
score from Experian, Trans-Union and Equifax. You can usually find offers which will allow you to receive
one free credit report from each bureau once a year. www.Creditkarma.com offers a free copy of your credit
score report from two of the credit bureaus above.

Raise Credit Score 100 Points Overnight Credit Karma

The second step to raise credit score 100 points overnight is to look on your credit report to be sure that there is nothing reported incorrectly. An incorrectly posted collections account can easily drop your credit score 50 points or more. If you do find errors, take action to have them corrected by writing the reporting agencies and supplying supporting documentation to prove your claim. Follow-up to make sure that errors are removed. This step alone could raise credit score 100 points overnight.

Once you know exactly where you stand in terms of your credit score, regardless of how bad it might
appear to be, get ready to take action to clean it up and raise your credit score.  Checking this monthly is a good idea for continuously improving your credit score.  You most likely won’t be able to raise credit score 100 points overnight, but you should see month over month improvements.

Credit Score Explained

When working to raise credit score 100 points overnight, it’s important to understand which specific
factors contribute to your credit score. The most important items include account balances, payment
history, number of recent inquiries into your credit score, age of established credit, number of open
accounts and the mix of your credit.

Work at paying off balances one by one. Make sure you pay above the minimum payment due on all
accounts in order to whittle them down quicker. Make a point to pay all bills on time. Be sure you drop
them in the mail several days in advance in order to avoid any problems with mail delay.

Don’t give into the temptation to simply close out accounts because this usually won’t improve your
credit score. Instead, lock away your cards and work at paying cash for your next purchases. Try to keep
your accounts at a balance of only 25% of your available credit limit.

Avoid consolidating credit card balances, making transfers and in general, a lot of moving around of your
credit. This can be a red flag to lenders and may cause more harm than good to your credit score.

As you can see it is possible to raise credit score 100 points overnight. Over time, with dedication and
diligence, you can improve your credit score.

Protecting Yourself From Identity Theft

Protecting Yourself From Identity Theft

Protecting yourself From Identity Theft

Protecting yourself from identity theft is not something we thing about every day, until we are affected by identity theft.  We all know that identity theft is on the rise; however, you may not realize just how prevalent it actually is. According to statistics every 79 seconds someone becomes the victim of identity theft. In many instances identity theft isn’t petty business, either. When someone steals your identity it can mean having thousands of dollars in debt racked up in your name on existing accounts as well as new accounts you never authorized. Your credit score and history can be ruined and for a few poor unfortunate souls it can even mean facing criminal charges for something they never did.

Considering all of the risks, it is imperative that we learn how to protect ourselves from identity theft. When someone steals your identity and perpetuates these kinds of crimes it can actually take years to undo all of the damage and in some cases you may never be able to fully recover financially.

If you think you’re immune from identity theft, it is important to consider that this particular crime has been noted as the fastest growing crime in the United States; affecting practically everyone from all walks of life regardless of age, gender, race or income status.
While this prospect can sound quite frightening the good news is that there are steps you can take to protect yourself, your identity and your credit. When looking at ways in which you can manage and control your debt it is also imperative that you consider ways in which you can protect yourself from becoming the next victim of identity theft.

Steps For Protecting Yourself From Identity Theft

The first step you should take is understanding how much power lies in your Social Security Number. With this number, a dishonest person can do almost anything. Never give out your Social Security Number unless it is absolutely necessary. Also be sure to keep an eye on not only your credit report but also your Social Security earnings report. This will help you to ensure that no one else is using your Social Security number.

For all of you who do not make it a routine habit to review your bank statements and credit card statements, be sure to reconsider. If you suspect that a statement should have arrived and it has not don’t hesitate to report it to the appropriate institution. Missing mail could mean someone has stolen your identity. Delaying a report gives the criminal more time to do more destruction in your name. It’s also important to make sure there are no unauthorized charges or transactions on any of your statements; even if it appears to be small. A small charge could just be a thief’s way of testing the waters to see if they have found a good target.

It is also important to make sure you are monitoring your credit reports at least once every six months. Look to make sure there have been no new accounts opened in your name that you did not authorize.

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