In the world of credit, the score matters the most. That is why it’s important that we pay attention to how we preserve that score and so that is considered high enough for underwriting consideration.
I’ve seen a lot of professionals talk about scores, unfortunately, most of them don’t necessarily cover the importance of how to keep your score high enough for underwriting the right way. in this article, we’re going to be discussing 3 strategies that are necessary for you to maintain your score and of course on how to fix your credit the most effective way possible.
In fact, if you use the strategies the right way, you’ll have achieved a higher score in approximately 30 to 45 days. These three strategies are so powerful, that even the basic individual who has no knowledge of credit can learn them and apply them to get the best outcome possible when it comes to fixing their credit.
The first strategy is called the “pi minimizer technique”
This specific strategy requires you to look at your personal information on all three of your credit reports. You will begin by analyzing the information contained about your names, about your addresses, about your phone numbers, your personal details such as Social Security numbers and of course date of birth. These essential pieces of information help creditors identify who you are. Unfortunately, these pieces of information also work against you when it comes to your scores.
The reason why this information can work against you is that they can be associated with certain derogatory items on your credit reports. For instance, several collection accounts may have potentially the wrong information about you, such as your first and last name. In fact, you’ll find it common that some of these collection agencies when sending letters to your home address, they are actually using a completely different name than yours.
This, of course, means that you need to clean up your personal information. You need to have only one first and last name and one address. I would go as far as removing every other detail. This also includes the employers that you have on file.
That is why the pi minimizer technique is so powerful. In most cases, you’ll find that once you remove some personal details from your credit reports, some of the derogatory items that are affiliated with that specific personal identifier is also removed at the same time.
Our second strategy is called the “item anchoring method”
As indicated before, the item anchoring method is essentially tying in certain negative items that are affiliated with personal identifiers that have been removed from the first step. This makes it easier for you to challenge those negative items with the credit reporting agencies. Successfully requesting the removal of information about you, chances are, that the items that are affiliated with those personal identifiers are hurting your credit as well.
For instance, you can have a collection item that has been affiliated with a personal name that has been removed in the first step. The fact that the item is still reporting is a sign that the credit reporting agencies are not paying attention to what is actually going up on those reports. That is why it is very critical for you to use the item anchoring method to remove those items as soon as possible. This makes challenging items a lot easier from your side. Since the credit reporting agencies were already compliant with the request of removing your personal names and information in the first place, there is no stopping of the investigation of those derogatory items at this point.
The third step is what we call the 15-day power surge
In this step, what you be doing is contacting the Consumer Financial Protection Bureau in case the first and second step has failed. Chances are, by this step you have already removed several personal identifiers and negative items that were affiliated with those identifiers. Our objective with the Consumer Financial Protection Bureau is to formally write a complaint that requests the Consumer Financial Protection Bureau to look into and investigate the derogatory items that are being questioned and or challenge based on affiliations with personal identifiers.
The reason why we call this a 15-day power surge is that typically when the Consumer Financial Protection Bureau steps into this territory, the creditors and or credit bureaus will generally reply within a 15-day timeline. This is a very powerful strategy, that is why I strongly recommend that you use this as the final step.
And with all that said and done, you now have three very powerful strategies to help fix your credit fast. If you use these techniques the right way, you will have gotten yourself positive credit rating within 45 days. And, assuming that you don’t get the results you want in 45 days, you are looking at a maximum of 60 to 90 days if you use these strategies effectively.