Insider Techniques To Raise Your Credit Scores Fast

By: Tom Mack

Insider techniques to raise your credit scores fast.

"How do I raise my credit score fast?" That’s one question we are asked over and over again. The truth is, the only thing more effective at bumping up your scores than getting negative accounts removed is getting new positive accounts added.

Removal of negative items from your credit report will certainly help your credit scores but it’s only a beginning and perhaps even secondary to the bigger issue of your debt to credit ratio. Even if you have no negative items on your credit report, you can still use this technique to build your credit rating, even if you are building up credit from scratch.

The most over looked aspect of your credit report is your debt to credit ratio. This is also sometimes referred to as credit utilization. Your debt to credit ratio is the ratio of debt to total available credit you have been extended. This is for revolving accounts only.

For example; if you have $5,000 in total unsecured revolving credit accounts and you are currently in debt $1,500 dollars, then your debt to credit ratio is 30%

Well, what do you do if you are like most Americans and your debt to credit ratio is too high.

For example; you might have $5,000 in total unsecured revolving credit accounts and you currently owe $4,000 dollars. That gives you an 80% debt to credit ratio.

This high debt to credit ratio will severely affect your credit scores.

So, how can you bring this critical ratio down? The answer is simple and takes us to the SuperEasyCredit Secret of Sub Prime Merchandise Cards. The single most cost effective and powerful tool you can use to increase your high credit limit and decrease your debt to credit ratio is through the use of merchandise cards which report to one or more of the credit reporting agencies.

Unfortunately, despite their benefits these are the most misunderstood cards in the credit industry. The sub prime merchandise card is nothing more then a card attached to a line of credit which allows you to buy merchandise from a specific vendor, usually the company that sold you the card. The merchandise in most cases will be purchased from a catalogue or an online mall.

While there are many companies that offer this type of card not all report to the credit bureaus and some are a bit shady. There are however a few companies who do it legitimately and it’s the best kept secret in building your credit and building it fast.

Here’s how it works. These companies will approve just about anybody with a pulse. Most do not require a credit check and you do not need a co-signor. Please don’t be afraid of getting turned down, they approve virtually everyone.

Once approved you will receive a card with a credit limit of $2,500 to $10,000 dollars.

You will be required to put down a small deposit on whatever you purchase. After the deposit is paid the remaining balance is financed on the card. Keep in mind the card is only good for merchandise purchased through their website, catalogues or online mall.

About now you are asking yourself "why would I want this cards?" Well, take a look at three powerful things that happen when you acquire one of these credit lines. First, you Instant INCREASE in your HIGH Credit Limit. Second, you instantly DECREASE your Debt to Credit Ratio and third, you INSTANTLY have a more favorable credit profile.

Remember, you get all this without having to qualify. No credit score requirements, no income requirements. You get the picture. It really is easy to build up your credit and credit scores when you know how.

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Tom Mack simplifies credit and credit scores.

Find out more about how to raise your credit score with his popular FREE Video Report "How To Raise Your Credit Score FAST " available at: => SuperEasyCredit.com

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