How to Increase Credit Score Immediately

When it comes to credit, there are many tricks that can help you on your road to credit recovery. There is one quick way to repair your credit that is guaranteed to increase your score at least 50 or more points in just one month. When I started repairing my own credit this was the very first tip that I tried, and my credit score increased 106 points in just one month with all 3 credit bureaus.

Having a friend or family member add you as an authorized user on a couple of credit cards is the fastest ways to increase your credit score. The reason why is that it increases the amount of available credit in the credit utilization category which is weighted at 30%. Credit cards fall under your revolving credit which has a high impact on your credit score.

It is very important that the person that you ask to do this is responsible when it comes to their credit. You don’t want to ask someone to do this who tends to max out their credit cards. As an authorized user on another’s credit cards just as you will inherit the good credit reporting you can also inherit the bad. If the credit card is maxed out you can easily drop down well over 100 points within a month. When using this strategy, you must be careful on who you chose.

Being added as an authorized user on another’s credit card also can improve your credit score immediately because you inherit the length of time the cards have been active. This attributes to about 10% of your credit score for the length of your credit history. If the cards have been opened for many years your credit history will date back that far.

In conclusion, if you have someone that is willing to add you as an authorized user it is one of the easiest ways to boost your credit score by 100 points or more. That will depend on the credit limit and the amount of money charged on the card. If it is less than 30% it will be a positive impact on your credit. If you have any comments or questions please feel free to comment below. Review – The Easiest Way to Monitor All 3 Credit Bureau Reports

June 24, 2017 by Shwana

Product: Review

Price: $19.95-$59.95/month or $219-$329/year

My Rating:  5 Stars


Product Overview

When it comes to monitoring your credit, there are so many products that provide this service that it can become very overwhelming making the best choice on one that will suit your needs. Most importantly, you need to be fully informed on all 3-credit bureau activity, creditors don’t always report to all 3. is a well-established credit monitoring service that I trust and has been around since March 2001. is the consumer division of the actual FICO score that lenders have been using since 1960. There are multiple programs made to fit different individual needs and budgets.

FICO Scores Products Explained

The MyFico website currently offers four different credit monitoring products that are affordably priced, they are: Score 1B Report, Score 3B Report, Essentials 1B and the most popular Ultimate 3B. All products include your credit score, the initial credit report that each score was based on and any additional FICO Score versions (there are over 28). MyFico just recently switched their scoring model to FICO Score 9 where previously they were using FICO Score 8.

The difference between one scoring model to the next is the percentage at which the credit factors are weighted. Only the Essentials 1B and Ultimate 3B have access to new credit reports and scores with the Essentials 1B’s being monthly FICO Score 9 version from Equifax and the Ultimate 3B being 28 quarterly FICO score versions from all 3 bureaus.

All 4 programs include an analysis of factors that affect your credit scores, a score simulator and an interest rate tracker. Only the 3B report and Ultimate 3B include a side-by-side credit report comparison. The Essentials 1B and Ultimate 3B include the following: 20% discount on additional score and credit report purchases, monitoring w/alerts when report changes are detected, updated FICO score 8 at time of change alert, historical graph tracking updates, customized alert settings delivered via email or text, $1 million identity theft insurance, 24/7 identity restoration and lost wallet protection. Only the 3B Ultimate includes identity analysis report, text or email alerts of potential threats, black market website surveillance and SSN alias watch.

Product Prices

The Score 3B report is a one-time purchase of $59.85 and consists of all 3 credit bureau reports: Experian, Transunion and Equifax.  The Score 1B report is also a one-time purchase of $19.95 which is viewable for 30 days from the date of activation. The Essentials 1B is also 19.95/monthly with a yearly option of $219 both options automatically renew and can be canceled at any time, however there are no partial month refunds given. The same goes for Ultimate 3B which is $29.95/month with a yearly option of $329.

And the Winner Is…                                               

In my opinion, the best program is the FICO Ultimate 3B is the best option and value. You receive all 3 credit reports and FICO scores with the new scoring model FICO score 9. Paying the yearly fee of $329 is the better value as it saves you $30.40. I hope you enjoyed my review, if you have any further questions feel free to comment below or contact me at .

How to Manage Your Debts

To repair your credit score, you will need to manage your daily bills responsiblyunderneath debt while finding a way to pay down your debts. The amount of debt that you owe accounts for 30% of your credit score, so you can see the importance of resolving any unpaid debt. Eliminating your debts can be very difficult, especially if there is not enough cash on hand to do so. You may want to consider a part-time job to generate extra income.

If you are confident that you can settle and negotiate your own debts with your creditors than the first thing you will need to do is gather all 3 credit reports; Transunion, Equifax, and Experian. You can also get all 3 credit reports from the website, you can check out my MyFico review here.myFICO advertisement to get FICO scores

Next, you need to get the contact information for all creditors that you are indebted to; you can usually get this from your credit reports. If any contact information is missing you can always grab that information from a Google search.

After you have collected the phone numbers and addresses of your creditors, you need to call them to see if you can settle for an agreeable settlement amount. If this cannot be accomplished, the original indebted amount will remain the same.

Be sure that if you do settle with your creditors that they commit to removing the account from your credit reports after the debt is satisfied.  Also, request that they send you a copy of the debt release letter that they submit to the credit bureaus for your records.

Depending on the settlement amount you have 3 options; make paymentdebt settlement approved arrangements, pay the balance in full, or pay what you can when you can. There are 2 very famous techniques that you can use that are quite effective; the debt snowball or the debt avalanche.

Debt Snowball

According to Investopedia the debt snowball is defined as “A method of debt repayment in which the debtor lists each of his/her debts from smallest to largest (not including the mortgage), then devotes extra money each month to paying off the smallest debt first while making only minimum monthly payments on all of the other debts.”

This method is very popular. As you pay off your debts quicker because youdebt snowball vs debt avalance are working on the smallest debts, you feel as if you are accomplishing your goals faster.

Debt Avalanche

According to Investopedia the Debt Avalanche is “A method of repaying debts in which a debtor allots enough money to make the minimum payment on each debt, then devotes any remaining debt-repayment funds to repaying the debt with the highest interest rate.”

The Debt Snowball technique works better for those that have a challenging time staying motivated; it will seem as if you are paying your debts off faster. On the other hand, the Debt Avalanche technique saves you more money because you are paying less interest on your debts although the results take longer to see.

The hardest part of managing your debt is first admitting that there is a problem and taking the necessary steps to fix it. Good luck with your debt goals and if you have any further questions or comments please feel free to ask me anything below.

Disputing Inaccurate Items on Your Credit Reports

So now that you have your credit reports in front of you action needs to be taken to clean up the report. Getting your credit repaired fast requires that you do not procrastinate.

Examine all entries and accounts on your reports; any items that have errors with your name, debt amounts, incorrect addresses or any information that you just don’t recognize needs to be disputed.

Beneath each account entry there should be a dispute link which you can click on. It will take you to another page where you will input the reason for the dispute and then click submit.

It really is that simple. What happens next is that the credit bureaus will do their investigation and respond back to you within 30 days with their determination. This process can easily improve your credit score by 100 points, it did for mine. If you have any questions, opinions or comments please leave feedback at my website .


Analyze your Reports

Getting your credit repaired fast requires that you focus on the things that you can change. To do this, you need to have all three credit reports in hand so you know what you are working with. You will also need a pen.

I am going to briefly go over what to do with your credit reports that you pull from the three credit bureaus: Experian, Transunion and Equifax. First, separate the items by the length of time that they are delinquent 30, 60 and 90 days.

If you have items that are generally paid on time but have no more than 1 overdue payment mark these as goodwill. You need to contact these creditors by mail with a request to remove the overdue payment as a favor. This is known as a goodwill letter.

You will need to submit a different type of letter request for the items that you marked with 30, 60 and 90 days. You will be submitting investigative requests for these items. The creditors and/or collection agencies have 30 days to respond to your requests and verify that these items are valid. If they do not you may then submit a dispute to the credit bureaus to have these items removed from your credit reports. Again, if you need any clarification let me know.

Getting Started

Restoring your credit fast takes dedication and can be done with the help of a professional or you can choose to do it yourself. The first step to repairing your credit fast is to pull your credit reports from all 3 credit bureaus; Experian, Transunion, and Equifax. You can do this for free one time a year at

Once you have your credit reports print them out so you can review them. Anything that is on your credit report that is unfamiliar can be disputed and more than likely removed if it cannot be verified as belonging to you.

Don’t procrastinate, that is our worst enemy. If you have any questions please ask, I will be more than happy to help.