How To Build Credit Fast in 5 Steps

Fast is a relative term. When you say, “I want to know how to build credit fast,” it would be helpful to know what your understanding of fast might be. It is also helps to know what is causing your low credit score.

 

THE ROOT CAUSE OF YOUR LOW SCORE WILL FALL INTO ONE OF THREE BUCKETS 

NO CREDIT HISTORY

INSUFFICIENT CREDIT HISTORY

POOR OR BAD CREDIT HISTORY

As you might suspect, some situations are easier to correct than others.

However, if by fast, you mean within the next few days; that simply isn’t going to happen for any of the above scenarios. If anyone gives you an affirmative answer to the question, “Can you build my credit fast?” let me assure you, “yes I can” is not a truthful answer.

HERE’S WHY

Although you can get printouts of your credit reports from each of the three major credit reporting agencies almost instantly, through a website sponsored by the federal government, these reports can take several hours to review and, very likely, more than a few additional hours to understand.

The amount of time you will need to spend on these reports will vary according to the root cause of your low credit score. For example, a no credit history problem requires almost no research, while a poor credit history may require hours of research. Obviously, an insufficient credit history falls in the mid-range.

There are other important reasons that the question, fixing credit fast is almost an oxymoron. Federal regulations allow credit reporting agency 30-45 days to respond to challenges regarding the accuracy of the information contained in a credit report. This factor alone slows the process.

 

ERRORS YOU FIND CAN BE CHALLENGED IN ONE OF TWO WAYS:

Compose a letter to each of the credit reporting agencies disputing the accuracy of the reported credit information.

Contact the creditor via telephone or mail and dispute the accuracy of the information the creditor has reported to the credit bureaus.

SPOILER ALERT!

Any correspondence you send should be by Certified Mail—Return Receipt Requested. Creditors and credit reporting agencies can easily fall back on the excuse that they didn’t receive your correspondence. Avoid this unnecessary delay and keep a photo-copy of all correspondence.

Using either of these methods cannot be described as “fast”. In the first instance, the credit reporting agency has thirty to forty-five days from receipt of your letter to respond. In the second instance, even if the creditor acknowledges that the information it reported to the credit bureau was a mistake, and immediately notifies the credit reporting agency of the error, the correction will not appear on your report for as many as thirty days to sixty days. Why—because credit reporting agencies only update information once per month and in arrears.

If for no other reason, the answer to “How can I fix my credit myself fast?” has to be … you can’t! That said, there are some tips we can offer that will accelerate the process.

TIPS TO SPEED THINGS UP(a little)

If you have no credit history or an insufficient credit history:

The demands of work and family life prevent you from doing many of the things you know you should do, but let’s face it…. you simply do not have the time. Yes, we all understand the importance of a good credit score. We know that having a good credit score saves us thousands of dollars over our lifetimes. We know that building a strong financial foundation for our families depends to a large degree on our creditworthiness. But something always occurs in our lives that is more pressing. So the day passes with the important task of fixing your credit left undone. These days turn into weeks, eventually months.

Why let thousands of dollars go up in interest expenses and countless opportunities pass you by? You don’t have to live with a shabby credit history but, you and your family do have to live with the consequences.

Isn’t it time you resolved this? Why let thousands of dollars go to interest and countless opportunities pass you by? You don’t have to live with a shabby credit history but, you and your family do have to live with the consequences. Act, and act now!

I’m a financial consultant with a proven track record. Think of me as your financial coach and trainer. I am amazed that folks will shell out hard-earned money for a personal trainer to improve their physique, but won’t consider spending a dime on their financial future! Do you have your priorities straight?

If you do, you will fill in your information below NOW! Every day wasted places your financial future in jeopardy. For the cost of your daily coffee fix, you can be on the road to a world-class credit score and the financial security you have always dreamed of.

WHAT EXACTLY DO I DO TO HELP YOU?

I’m glad you asked. I have a proven 6 step process that will work with every stage of your life. You can be young, old, married with kids, etc. No matter what, this 6 step process works.

1

REVIEW AND ANALYZE YOUR CREDIT REPORT

2

DISPUTE THE ERRORS THAT APPEAR ON YOUR CREDIT REPORT

3

DEVELOP , IMPLEMENT AND MONITOR FINANCIAL PLANS AND STRATEGIES TO ACHIEVE YOUR GOALS

4

DEVELOP, IMPLEMENT AND MONITOR A BUDGET TO MONITOR PROGRESS TOWARD YOUR GOALS

5

PROVIDE PROGRESS UPDATES EVERY 30-40 DAYS ON YOUR GOALS TO HOLD YOU ACCOUNTABLE

6

REDEFINE GOALS AND REVISE PLANS AND STRATEGIES AS CIRCUMSTANCES CHANGE.

Individuals

 $99.99/month

Couples

$172/month

All of my plans are contract free, cancel any time. Couples/pairs receive a 10% off discount versus individuals.

The 3 & 1 Financial services does not have phone support. Unlimited Email and Text support only.

After the consult and the signing of the agreement, I need the credit reports / scores. Go to privacyguard.com and sign up for their 1 dollar trial, then send me the username / password to login. Once I have that information I can look at your credit reports and get to work.

HOW DO WE GET STARTED?

Getting started is simple. We will have a 20 minute consultation to see if we are a good fit for each other. There’s no obligation and it comes at no cost to you.

Fill out the following contact form to start the process.

top