Wednesday, October 28, 2009

Trying to get a apartement but i belive my credit score will be to low for it, what are quick ways t

i would like to raise it by almost 100 points would this be possible in lets say 3 months or less time? i will be paying all my credit cards off to zero balance and will be paying my car loan off completely next week as well. how much will this help



Trying to get a apartement but i belive my credit score will be to low for it, what are quick ways to raise it

There is no such thing as a quick way to raise ones credit score. Credit scores are based upon ones history of payments over a period of time. It is also based on other factors.



Many companies do not report info to the CRA%26#039;s until the end of the month, and sometimes some only post quarterly.



You can raise it over a period of perhaps a 6 month period, but three months is pushing it.



If you are paying off all of your debt, then it would all depend on how fast they update your records.



Trying to get a apartement but i belive my credit score will be to low for it, what are quick ways to raise it

That will help a lot. You could also %26quot;piggy back%26quot;. That means have someone with a good credit history and you trust (parent, sibling,ect) add you as an authorized user to a credit card or an account they have in good standing and you%26#039;ll get all the credit for the payments they%26#039;ve been making since the origination of the account. You should also make sure all sources of credit you have are reporting to the credit bureaus. Some only report periodically. Good luck =]

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