August 3, 2007, Newsletter Issue #72: How To Improve Credit Score Quickly

Tip of the Week

Credit.com Tip: If you are contacted by someone claiming they can help fix your credit report score quickly, don’t always trust them.  There are a lot of scams out there to take money from unsuspecting victims.  There is no quick and easy way to fix your credit report score.  In most cases, it just takes time to get an improved credit score.

On the other hand, sometimes you can go through a process known as rapid rescoring by working with a mortgage lender or broker.  You will have to pay a fee and wait a few days, but it is possible to legitimately remove some inaccurate items.  It is particularly useful when trying to get approved for a mortgage loan and you need to improve your credit score. 

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