Does anyone know how to raise my FICO?

Question

I was wondering if someone knew of some tricks or short cuts to raising my score as well as eliminating some marks on my credit?--

Thanks for your help

Answer 1

Eliminating "marks" on your credit is not something you can do easily.

If these have gone to collections, you will need to see if they will accept a "pay to delete".  Esentially, you ask them to delete the negatives and bring your account to current if you pay them.

Be absolutely sure to get their agreement in writing.

Next, the thing that helps scores is TIME.  Scores are mostly based on the last 24 month activity with the ecception of bankruptsies and other public records.

Use this score simulator (free) to see what you can do to help your score:

http://www.bankrate.com/brm/fico/calc.as...

Answer 2

It depends on what you have on there but you can talk to a Credit Restoration company and get free advice.

Answer 3

The best way I found to get it amped my FICO score up is to borrow funds just to hold them on deposit, make some interest payments, then give back the deposit to pay off the loan.  If you agree to just hold the funds on deposit, http://creditloader.com will let you borrow the funds with NO CREDIT CHECK.  After three months It whent up few bureaus, and I didn't have to buy something I couldn't sell to do it

Answer 4

Okay, dude, this question has been asked 1,000 times...just do a yahoo answers search for "raise FICO" and you'll see the answer given over and over and over and over again...

or go to myfico.com and it's all spelled out over there.

Answer 5

No tricks or short cuts.

Sorry....it took time to mess your FICO up -- it's gonna take time to fix it.

One of the easiest things you can do is to pay all of your bills on time. Even if all you pay is the minimum payment. Pay ever bill on time. About 35% of your FICO score is based on this.

Pay down your credit balances. About 30% of your FICO is your debt to available credit ratio. So, the lower your debt -- the higher your FICO score.

Apply for and open new lines of credit only when needed.  

You can get more info at www.myfico.com