If you are looking for a quick way to raise your credit score there are few options. This is because your credit score looks at things over time to determine your credit worthiness. This leaves little hope unless the information that goes into the formula is inaccurate which might be the case.
A reported 70% of consumers have errors on this credit reports so the chance that you have errors is extremely high. It can also be said that most of the errors are not in the consumers favor and having these negative entries removed could be the way to give your score a boost in 90 days.
The first step is to acquire all three of your credit reports. You need three because there are three credit bureaus do not share information. This creates three distinct reports and each one can have errors. The common errors you need to be aware of are: late payments over 7 years old, credit inquiries over 2 years old, double collections, and bankruptcies over 10 years old. You also need to check for misreported payments and delinquencies.
Once you have a list of the possible errors, you need to do your research regarding each item to ensure you have some ground to stand on. Next, you need to fill out dispute forms either online or by mail with each credit bureau. Once the credit bureau receives the disputes, they must research each item within 30 days.
The credit bureau then contacts your creditors regarding the possible dispute with information you provided them. If the account says yes these are inaccurate, the errors will be removed from your credit report possibly giving your score a boost. If the creditor states the disputed item is accurate, it will stay on your credit report and you will then need to pursue the dispute through the account.
Cleaning up your credit report should be one of the first steps on your path to improving your credit score. Like said before the majority of consumers have errors on their reports and getting them removed will get you a boost in 90 days. This will be a nice positive boost to get you committed to improvement.