March 10, 2009

The question when looking for a credit score quick fix is how long do you got?  You need to remember that your credit score is based on your credit report.  If you are looking for a credit score quick fix then your credit report is going to need to change.

Another aspect to consider is that your credit report is a snap shot of your credit standing.  It is not changing hour to hour.  There is very little change month to month.  If you consider a common credit score quick fix of paying off an account, you will not immediately see the effects.  This is because it needs to be reported by your account to the credit bureaus.  Your accounts are in no rush to report to the credit bureaus leaving you waiting for the effects.

If you are looking for a credit score quick fix one of the best is to dispute credit report errors.  The level of errors is high.  Bankrate.com reports that 70% of credit reports have errors on them.  You should know that these are usually not in the favor of the consumer and getting these errors removed will give you the boost you are looking for.

But is it really a credit score quick fix?  Even this is going to take sometime.  The error dispute process starts with you getting a copy of each of your credit reports or a 3 in 1 credit report.  Then you have to go through each section thoroughly.  Then you must research the potential errors and get your side of the story correct.  Then you must submit disputes for each item with the corresponding credit bureau.  Then the credit bureau has 30 days to respond back to you with the answer to whether it will be removed or not.  If you are in luck it will be removed and this will give you a credit score boost.  But if is not removed that leaves you wilh having to pursue the account with the dispute.  Then you are at the mercy of your account equaling more time.

The best rest you could get from disputing errors is a 30 day turn around time.  Relativity speaking this is one of the quickest.  There is another method you could also use.  It is to make sure your positive accounts are reported.

Accounts sometimes fail to report information to the credit bureaus.  You might have one of these accounts and it might be one that you want to make sure is reporting.  You can call and ask your account to report your account history so this is taken into your credit score.  There is no guarantee that they will report, but it doesn’t hurt to ask.

The credit score quick fix really doesn’t exist though.  These are just some method to get you a quick boost.  A credit score methodology is use your history to calculate your score.  Certian aspects of your credit score like your payment history takes into account your last seven years of payments to your creditors.  It is the largest section (35%)  and is not much you can do to change what it says about you.

Above were just some ideas to get you a little boost.  To get an excellent credit score you will need to build it over time.