CREDIT REPAIR - info from the Credit Secrets Bible

Free report at:
http://www.CSBCards.com - (*24hr Recorded Message: (775) 473-9014*)

CREDIT REPAIR: info from the credit secrets bible

Rebuild Credit: Insider Credit Repair Techniques to Improve Credit Score Fast!

What's the fastest way to raise your credit score? To quote the classic magazine salesman from the movie Office Space "That all depends"...

While the removal of negative items from your credit report will almost always result in an increase in your credit score, there is a method that works better.

Here's why. Adding positive accounts is actually more effective at improving your credit score (in the short term) than removing negative one. Unfortunately, few consumers or credit repair companies know this.

One of the biggest problems with trying to get approved for new credit is that you need to "have" credit in order to be approved. This causes a sort of catch 22.

How does one "get" credit if no one will give them credit because they don't have any credit to begin with? A vicious cycle indeed, but a real one. However, if you have someone you can use a cosigner this is NOT a problem. Simply have them cosign on the new credit application for you. If you don't have a cosigner, read on.

Contrary to popular belief (or what myfico and credit repair companies would like you to believe), the largest factor in building a solid foundation for your credit score comes down to two credit scoring factors:

1.) The "High Credit Limit"

and

2.) Your "Debt to Credit" Ratio

Your high credit limit is simply the total amount of primary unsecured revolving credit lines you have (i.e. three credit cards at $5,000 each equals a high credit limit of $15,000).

Get it? Good.

Your debt to credit ratio is simply the amount owed on these cards in relation to your high credit limit (i.e. if your high credit limit was $15,000 and you owed $7500 your debt to credit ratio would be %50).

Keep in mind, your high credit limit is comprise ONLY of your total amount of unsecured revolving lines of credit. Home mortgages, auto loans, student loans, equipment leases and debit cards do NOT count towards your high credit limit.

A debt to credit ratio of 25% or less is ideal. Of course, there are many other factors which come into play, but keeping it simple, how does one improve credit score via increasing their high credit limit and lowering their debt to credit ratio?

That is the question....

The fastest way we have found is by adding primary user unsecured revolving lines of credit which are guaranteed approval (note: these are NOT authorized user accounts!).
These are unsecured lines of credit which appear on your report just like a visa card, mastercard or department store card etc.

We have found that while unsecured credit is the most difficult to obtain, it has proven to be the highest scoring on ones credit report. To find out the fastest we've found to add primary unsecured revolving lines of credit to your credit report, please visit:

http://www.CSBCards.com

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Category:

Howto & Style

Tags:

• credit
• repair
• secrets
• bible

[giterdonedave]

I would like to get some of the name of the sub prime cards...Wil you share this info??

.this is great info thanks!!

giterdoneDave

[CreditSecretsBible]

Just click the link to the right of the video.

[chosen2serveHim]

I would like to get some of the name of the sub prime cards....this is great info thanks!!

[CreditSecretsBible]

For a free report on the latest cards are clients are using just visit the website listed by the subscribe button. Click MORE INFO link.

[happydogmedia]

Good video... but I think it's time to do an update. I've tried a few credit repair companies - most are rip offs. I've heard good things about Lexington Law - Ph #; 888-868-9683 also a company in Texas called Repair My Credit Now - (972) 529-0900. Lexington is Nationwide I think. User smartermoneynow (below) seems to be in the business as well.

[jackie8612]

This was very informative about increasing your credit score. Debt to credit ratio is just one technique that is very effective in increasing your fico score. I especially like when you spoke about the sub prime merchandise card.

I always stayed away from those type of cards, but you've given me food for thought. Thanks for the input.

Jackie Anderson

[smartermoneynow]

I have been in the credit repair business for 15 years now, and I know that these methods do work. Another point to consider, is when you apply for a card with a company, that company may decline an application to any other type of card that they offer. For example, if you are approved for a prepaid debit card, you will not be able to apply for any other type of card with that company, regardless of your credit score. This isn't always the case but it does happen. So,shop around before applying.

[mycreditrepairmagic]

When I used Credit Repair Magic, I saw results within just a few days. The main thing that I was able to do with this program was to dispute negative entries on my credit report, which drove my score up as these were deleted. Since most companies cant verify the information on the credit reports, I was able to make my credit score rise dramatically with just a few clicks of the mouse. Click on my channel highlighted in blue- mycreditrepairmagic for more info on how you can repair your credit.

[anthonybodo]

My credit score is under my mattress.

Bla bla bla

Credit score is for banks to suck your money.

The lower the credit score the more money they take from you because they can charge a higher rate

This whole thing is another banking scheme

Anthony

[anthonybodo]

My credit score is under my mattress.

Bla bla bla

Anthony