Top 10 Tips to Raise Your Credit Score Fast

Share on facebook
Share on twitter
Share on linkedin
Share on reddit

Today I am going to share with you my top 10 tips to raise your credit score fast. These are my top 10 and not in any specific order. However, I’ll let you know when one is really, really important. There’s one that’s a nugget, they’re all nuggets, but one’s a really important nugget.

Tip number one, utilization.

For you guys that have a couple of credit cards, not just one credit card, this is for people that have a few credit cards.

Let’s say that you have utilization on one card that is 80% and the other credit cards are paid off.

You want to raise your score fast.

What you want to do is take over the balance from the 80% and diversify it between let’s say the few cards that you have.

For example, you have three credit cards, one with 80% one, one with zero, and another one with zero.

You raise your credit score fast by taking over 25% and putting it on one card, 25% of a balance on another card.

When you do that it is much better to have one card that is at 30% or under, three of them were like that, great, but not an 80%, a zero, and a zero.

So diversify your balances, keep it under 30%, instead of having one at 80, and zero, and zero.

That’s tip number one.

You’ll raise your score immediately by doing this tip.

Tip number two is age.

If you are limited on age and what I mean by that is under five years average, pull up your credit report, if you have under five years of average history you need to have age.

Age trumps credit limit.

So, a big misconception in the credit game is where people believe that the credit limit, “Oh, I’ve got this high credit limit.”

But they’ve got a year average age.

You want to add points and you want to raise your score fast, add aged trade lines to your credit report.

That will raise it fast.

Tip number three is you need to check your report.

This sounds basic but this is one of the fastest ways you can raise your credit score.

Pull up your credit report, go through it, comb through it, and go boom, boom, boom, boom, boom. “Okay, I’ve got inaccurate information here.

I’ve got erroneous information here. I’ve got something doesn’t look right here.”

If you find anything on your credit report that is not supposed to be there and you believe that it’s not supposed to be there you can challenge the information legally.

It is, the onus is put on the credit bureaus to reach out to the creditors to verify the information is actually accurate.

If you’re going through it and you’re like, “This is not supposed to be here.

This is inaccurate information.”

I don’t care if it’s an address, a phone number, employment, a collection, the wrong credit limit that’s posted.

I don’t care if it’s a late payment.

Whatever the case is you have the legal right to challenge the information with the creditor and the credit bureaus to say, “It is not mine.”

They will come back and say validated or deleted.

The first thing you have to do is check to make sure your report is accurate.

Tip number four, let’s say you have high utilization but you don’t have quite the funds and I’ve come across this a lot where my clients are coming to me and I’ve got 75% utilization, I’ve got multiple credit cards, I don’t have the 10, $15,000 to be able to pay these cards down to under what I talk about the magic number which is 7%.

However, what you can do is you can add a tradeline or two with the high credit limit and this will offset your utilization.

Meaning your cards are maxed out or close to it, when you add new credit it factors in that credit limit into the rest of your accounts and thus lowering the overall utilization.

And when you lower utilization which is 30% of your credit score guess what happens? Bingo, bing, bang, boom, the score goes up.

That’s how we raise our score fast. Adding tradelines would with 25, $30,000 credit limits that factors in and boom score go up.

Number five, challenge the inquiries.

Challenge the inquiries that are erroneous, incorrect, obsolete, stuff that is supposed to not be there should not be there.

If you have information that is, you’re like, “These aren’t my inquiries. I didn’t apply here. I have no idea where this inquiry came from.”

Guess what guys?

You have to know that you have legal rights and you have the legal right of challenging the information with the creditor and the credit bureaus.

In a case where you don’t like something on your credit report and it’s not supposed to be there challenge it and get it removed.

Very simple process.

Let’s go to number six.

For you guys who cannot stop applying and you know who you are.

Every time you drive past the Mercedes dealership you have to pull in with your beater and go, “Man, I want that car.

Every time I pass a BMW and a Mercedes, I want to apply for it.” Stop. Every time you’re on Credit Karma you’re like, They recommended this.”

You know you’re laughing right now because you know who you are.

You go on Credit Karma, “Man they recommended this card for me.

I know I’ve got a 540 score but I’m going to apply for it because they recommended it in Credit Karma.” All right. Stop.

Because you’re putting inquiries on your credit report, they are being paid to put that up there.

You apply, you end up with a bunch of inquiries and then your account gets flagged.

And what I mean by that is too many inquiries in a short period of time looks like you’re searching for credit.

Do not apply for more than two things every 120 days, that is the golden rule and only apply if you believe that you will get approved. “Well, Mike, how do I know I’ll get approved?”

Let me send you over a secret lenders list.

Let me send you over something that you’re not just applying willy nilly and going, “I wonder if I’ll get this.” I’ll tell you what credit bureau, the credit score needed, the card, and the approximate credit limit that you should get based on that criteria.

This is the tip that’s caused so many people a lot of inquiries and when you get too many they’re going to start denying you everywhere because of it.

Keep your inquiries low.

It looks much better to lenders once your credit is good.

Because remember they stay on 24 months.

And if they’re staying in 24 months then you’ve got to realize that in that period of time you get too many, you’re sheer out of luck because then they’re going to flag it.

Okay, let’s move on.

So, let’s say that you have a bunch of closed accounts. These are for people that have a bunch of accounts but they don’t have anything open, no positive accounts, a ton of people.

A ton of our clients come to us in the 500 credit scores that have a bunch of closed accounts and say, “I just don’t have anything revolving.” I’m going to post a link below for our top five primary accounts.


This will put a revolving line on your credit as an individual account.

There are several of them that I’m going to mention inside the link but if you click the link you’ll be able to get access to those.

This will be able when you have closed accounts at all once now you can apply for something that’s actually revolving that you’re going to make payments on.

Or you add a tradeline, option two you add a trade line that’s got a few years history, bada bing, bada boom, it puts it on your credit.

Now you’ve got revolving, it makes it look like you’ve been making payments for X amount of time, 24 months, 36 months.

All at once your score raises fast because then it shows that you have been responsible over the last few years.

So, I’ll put the link below for the primary or also you can add a tradeline with history.

So, let’s move on to number eight.

Never ever close an account that you’re not using.

You don’t know how many times I hear this. “I didn’t know, I closed all my accounts.

I wasn’t using them.” It is a very common mistake.

The problem when you close an old account is you lose all that history.

So whether you’re using the account or not do not close any accounts that are over two years old.

It’s the golden rule. Anything over two years, keep it open, pay it off, every year or two use it, buy a piece of bubble gum, but keep the account open.

Do not close it just because you’re not using it because then you wipe off.

I met a young lady yesterday. She said, “I had a 27-year-old JC Penny card.

I never used JC Penny.” I said, “You closed the account?” “Yeah, my score dropped 84 points.” And I was like, “I wonder why?

You just lost 27 years, whatever it is, of history on your cards.” So, when you’re talking about age it is the most important thing to your credit, the most important thing is your age. Remember that age trumps credit limit.

A quick example of this, I’d rather have a 1000 credit limit with 10 years old rather than a 10,000 credit limit that’s only a year old.

1,000, 10 years old is much more powerful than 10,000 with a year.

Age trumps credit limit.

This will strengthen your file, this looks good to lenders, makes it look like, “Hey, this guy has 10 years of perfect payment history.” Okay, very, very solid.

Okay, number nine, this is the nugget baby, the credit game. So, what is the credit game?

The credit game is over 50 videos that I’ve put together.

You can’t find them anywhere else besides the credit game.

From novice to expert on everything about credit, everything, from what is the word credit to literally the most involved primary accounts and what a sage stream or a 609 letter could do for your credit.

These are things that I teach in the credit game.

If you’re interested in the credit game post comments below and I’ll make sure that I get you over the information for it.

But it is an interactive video series I’ve put together for the last year that is second to none when it comes to a training platform.

This is for the most advanced and people that are just starting out.

So, I implore you to get this. This will change your credit habits.

This will be the thing that you need that’ll take you from point A to point B.

You’ll never think the same about credit again.

And I’m going to leave you guys with number 10 and that is this, do not ever add time to a decision.

The people that cry about money, that cry about time, and they cry about credit are the people who never study those items.

When you take extra time to make a decision when you’ve got to buy something buy it.

Don’t add time to purchase.

Don’t add time to a decision.

America is known for procrastination.

Do not be a procrastinator because what happens is your credit stays the same.

I’m going to go back and say this again.

Do not add time to any decision, today not tomorrow.

Get it done today.

You have to start somewhere with your credit but tomorrow never comes.

So, when I say the people that are crying about money and they’re crying about, “I don’t have time,” and, “I’ve got bad credit,” they’re not studying those things.

You have to study these things and pay attention to them in order to be successful in them.

These are my top 10. thank you guys for watching trade line TV.

If you’re interested in any of our services, adding tradelines, helping with the credit game, anyway I can help you at all.

Post comments below, let me know.

Or just call our office at 904-515-6698, that’s 904-515-6698. My guys are ready. We’re on standby.

We’re looking forward to helping you and your family with all your credit needs and until tomorrow, my name is Mike.

Take care.

Leave a Reply

Subscribe to our Newsletter

Get notified FIRST about our flash sales, exclusive offers, and giveaways!

Close Menu


[Free Webinar]
[Free Webinar]