How can you raise your credit score in 30 - 45 days?

We are trying to close on a home we are building and we want to get the best rate possible.

Public Comments

1. Anybody who looks at your credit report will automatically lower your score. You could get added onto someone else's credit card (who has a good credit score), but it may take longer than 30 days to see the effects of it.
2. Get added onto someones credit card with a good credit and that should do it for you!!
3. it's almost impossible to do this in 30-45 days because it takes this long for anything either negative or positive to be added to your credit report, I would suggest that you see if you can get a copy of your credit report and make sure that there are no mistakes on it, most of the time if there mistakes then you can dispute them and they will correct the mistakes if you can prove that they are wrong, this only takes about 30 days, also find out what bureau your bank gets their credit reports from because sometimes each one will show something a little different so you want to make sure that you know exactly what is on the report that they will be looking at, I would say that you need to focus on this and get you loan closed then keep improving your credit then once you have improved you credit quite bit then in a few years (depending on what the interest rates do ) you might be able to refinance to get a better rate. I would definitely make sure that you get a fixed rate mortgage and not a variable because with the economy always going up and down you don't want to get yourself stuck in a mortgage that could go up 200 or 300 dollar every few months! Best Of Luck I hope that this has helped you answer you question.
4. Credit analysts look at acouple of things - Your payment history - Debt to equity ratio The former is what it is, but the later can be improved by paying off or mitigating credit card debt or a loan and that should improve the credit score. This should reflect on the next billing cycle in 30 to 45 days. If you need a specific question answered, please let me know.
5. You can quickly add points to your credit report doing the following: Get all balances on your credit cards to below 40% of limit. (if you are currently over 60% LTV you will gain about 30 points by dropping it to below 40%.) If you have NO credit cards, get a $300.00 secured card. this will immediately raise your score about 30 points. You can dispute negative items on your credit report to see if anything comes off in the first 30 days. Recently, I had a client send out 19 dispute letters. Of them, 10 items came back deleted from the credit report in the first 30 days! Don't believe anyone who says you can't do anything in a month or two. You can! When you have done the above, have your broker do a re-score on you and proceed with the loan. Good luck!
6. 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.
7. u keep paying your bills on time and u really can't do anything to make it up fast..