Comments on: 11 Simple Ways to Improve Your Credit Score Today

By: mrsholi

mrsholi — Fri, 14 Oct 2011 18:12:30 +0000

I too have raised my score by doing the work myself. It is time-consuming. But it works. Raised my score 90+ points by disputing, and pfd letters. It took about four months to see an increase.

By: Bonnie

Bonnie — Wed, 24 Aug 2011 03:31:55 +0000

Annie Mack- In your case, you must file a claim with the FTC (federal trade commissioner) the OCC (office of the comptroller of currency) and finally, your State Attorney General. The Attorney General will mediate your claim, free of charge. Be Sure to have all documentation, dates and any other steps you have taken, ready to submit to these agencies to expedite the handling of your claim.
One last thought, the credit bureaus ARE NOT OMNIPOTENT GOVERNMENT AGENCIES! -although they behave that way. In fact, what I believe to be true is the big bank credit card companies created them!!
Perstistance Pays!! Contact the 3 above mentioned Goverment Agencies that were created to help the consumer against the predatory practices of the creditcard companies! Best of Luck!

By: DR

DR — Wed, 06 Apr 2011 02:28:35 +0000

Kim, step one would be to get a copy of your credit report from annualcreditreport.com to see if the account is still shown as open. If it is, call and write Wells Fargo to get them to update your credit history. Also keep in mind that there could be other aspects of your credit history affecting your ability to get financing.

By: Kim

Kim — Wed, 06 Apr 2011 01:18:03 +0000

trying to get a car, was financed w/ my previous car for 72mo. loan w/ 8% interest and a co-signer@ Wells FARGO…I, repeat I made all payments for 4yrs. on time, car was totaled last mo., my ins. PROGRESSIVE paid all but $1335 and I paid that myself, so car is PAID OFF!!! I went car shopping hoping my credit had finally creeped up enough I didn’t need a co-signer!!!! NO, not sure why, so my question is, is it possible that the credit report is still showing that is an open account and if so, how do I find out!
SO Wells Fargo got over $26,000 in 4yrs and they wouldn’t give me a loan!!! WT??????????????????//

By: John

John — Fri, 11 Feb 2011 16:14:41 +0000

I am writing to agree with all you say about raising your credit score. I have raised mine by over 130 points to near excellent simply by following your suggestions. I have found it especially true when using the “credit report” itself and not simply using the so called “free scores”. Free scores ONLY give you a starting point. I found so many errors on my actual “credit report” it was disgusting. All three credit bureaus had multitudes of incorrect or outdated information and a person MUST dispute those errors. It is not easy and very time consuming. Case in point, my old bank was bought out by another bank and all three bureaus said my credit was adversly effected because too many accounts were too new. ALL of the accounts that had been transfrred into another banks name were at least five years old and in the case of my home mortgage, that account was over ten years old. They reported these as “new accounts” and that simply was not true. Fight for your credit rights and follow the examples set forth in the blog and you will soon find yourself on the way to better credit scores, interest rates and simply a good feeling inside that you are being treated fairly.

By: Annie Mack

Annie Mack — Fri, 20 Aug 2010 19:19:39 +0000

Actually disputing errors on your credit report are meaningless. They get back to you and say, ‘yep, it’s your debt’. Well, it’s not my debt and after 3 certified letter to the creditor, they still haven’t provided the information I’ve asked them for. So, unless I’m willing to go to court or pay for a lawyer, I have a collection for $388 on my credit that I can’t have removed. The lawyer would charge me that for one hour of work. Until someone turns the credit merry-go-round in our favor, we’re all screwed.

By: Sela Wood

Sela Wood — Wed, 28 Jul 2010 19:42:30 +0000

I wanted to find out what advice you would give to me. A few years ago I withdrew some of my 401k money to help my parents get out of a financial bind. I also withdrew some money off my credit card, hoping to pay it off after a few months, however the interest just keeps getting bigger and I am unable to get ahead as my interest charged on my cc is 19.99%. I still have some cash in my 401k and want to find out if you would advise me to withdraw a large chunk of it and pay my cc off completely, as I do not make as much interest on my investments as the cc company is charging me. Also, I have thought of going to debt counselling and want to find out if by going with one of those firms, will my credit score be affected? If I do sign up with one of these companies, will I lose my credit cards? Your help would be much appreciated.

By: Matt

Matt — Mon, 26 Jul 2010 20:02:33 +0000

No, they will most likely not remove them from your report, but you can always ask them to remove it. It will however improve your score still, showing that you paid your collection.

By: Kelsey

Kelsey — Mon, 26 Jul 2010 19:16:27 +0000

I have heard that when you check your credit score your score actually lowers. True or false?

By: Lisa Parks

Lisa Parks — Mon, 26 Jul 2010 17:24:47 +0000

Matt, (and others)
I have tapped into my skills as an administrative assistant while I’m home and unemployed with a newborn baby. I’ve “done the work” myself to write letters, make calls, and otherwise help myself and others negotiate with creditors because I agree that the “companies” who advertise to help you are full of it! If you’re interested, please send me an email reply [put LParks CONSULTING in the subject line] and I’d be happy to help you for a minimal (and I mean MINIMAL charge only after we make some progress in helping you). Good luck to all in lowering our credit scores! pasofengshui@yahoo.com