I need to increase my credit score from 607 to 650, how can I do this and how long should it take?

I am buying a new home and if I get my credit score close to 650, I will get a much better loan. I don't close till January so I have some time. I bought a car in December of 2006 and I was hoping my payment history on that will help me out also, but I don't know how long that will take to show up on my report. I know paying off my credit cards will help and I am very close on getting that debt way down but I need some other suggestions on what I can do.

Public Comments

1. Slow pay and things stay on your record for 3 years. Your score gets better when they begin to drop off. Other than that, not much you can do.
2. You are doing things right. What you need to do is to get your latest credit report from all three credit bureaus (Experian, Trans Union, and Equifax) and see what negative items are on your report. Work on getting them removed along with any recent inquiries from applying for credit (say, in the past two years). A book that can help is "Kill Off Your Debt--and LIVE!" available at www.GoldenRocFinancial.com and Amazon.com. There are LOTS of techniques and things you can do to raise your credit score--along with things to watch out for, too. DO NOT go to one of those "I can get you out of debt and raise your credit score" places--they will likely rip you off and worsen your credit score. Good Luck!
3. The first thing you should do is pull your credit report for all three creditors, Equifax, Trans union, and Experian. Sometimes you will find that there are things reported on one that is not on the other. Credit cards are of course a big source of debt, but simply paying down all your credit at one time is not necessarily the way to bring your FICO score up. Since you have a time you are much better off paying your credit cards down over a few months to show a history of payments rather than a few staggered unpredictable payments. Your car loan can also bring your credit score down simply because of the amount of debt it puts on your credit report. If you can make additional payments towards the interest of the car loan even if it's 10 dollars a month, it will make a real difference in your debt ratio. Remember the less overall debt you have and the more predictable your payments are the better your credit score is going to be. Ideally you should try to get your credit score closer to 700, this will pull you away from the "sub-prime" market which has been under so much fire in recent months. Make sure you read your contracts carefully and ask direct questions about variable interests rates and fees. Shop around for a loan, and remember that you do not have to go with the loan company that the real estate company "wants" you to go with.
4. it takes the credit reporting agencies 30-90 days to update their records. The best way to increase your credit score is pull a copy of your credit report it doesn't affect the score when you're the one pulling the report and close any accounts you no longer use, the credit reporting agencies look at this as available debt. Also on the credit cards you do keep make sure the balance you carry is never more then 50% of whatever the credit limit is.
5. All Kinds Of Ways To Make Money On One Site Now all the information you need to make money on the web is located in one place. Click on the URL to find the ultimate web site for making money. It's simple to navigate and you could be makeing money within the hour. http://flammingstar.richjerk.hop.clickbank.net
6. It will take up to 6 months to see any change