What is the quickest way to increase by 40 points?
How long will it take to show up on my credit?
2007-01-23 07:07:51 · 3 answers · asked by Twinkle 1 in Business & Finance ➔ Credit
Get a better job that pays more...
2007-01-23 07:15:38 · answer #1 · answered by Infinite and Eternal Reality 5 · 0⤊ 3⤋
pay all collections pay you Credit cards down to about 1/3 the available balance and then have the loan officer do a line item update with the proof of these payments. That will take about 72 hours. Also by opting out you can get up to 10 points in the same 72 hour time frame. You are opting out of the credit cars offers you get in the mail.
opt out 888-567-8688
I am a TN & KY loan officer
2007-01-23 07:14:36 · answer #2 · answered by golferwhoworks 7 · 0⤊ 0⤋
Payoff current balances you have that are positive. The higher your open credit lines are compared to actual debt will raise your score. If you have delinquencies, leave them alone, bringing them up and active again will only harm your chances of buying right now. Don't pay anything delinquent off until after you purchase your home, and don't cancel and credit card accounts. If you think you can get financed, try to get a new open line of credit somewhere.
2007-01-23 07:15:30 · answer #3 · answered by Cynthia S 4 · 0⤊ 0⤋