With our economy in shambles and even top companies filing for bankruptcy, it seems that you need almost perfect credit to get a loan for anything.
Many people who could have gotten financing for a car or home loan last year are having their credit applications denied.
If you want to get a loan of any kind, the key is to get your credit score way up, but this can prove difficult if you have bad or no credit.
The good thing is that there are tricks that will get even the worst credit score up in no time.
First of all, you need to try to get your credit card limits raised.
If you have credit cards, you should contact the banks and ask for a limit increase on each one.
Believe it or not, your limit is a primary factor in your FICO score.
And once approved for these increases don't go out and max out your cards.
It is also helpful to leave a gap between the amount you owe and your spending limit.
If you are wondering how long does it take to raise your credit score if you don't have credit cards or if they won't increase your limit, move on to my next tip.
Have negative reports removed from your credit history.
You can do this on your own by disputing each negative remark on your FICO report.
Usually when the consumer disputes it, the company will soon remove it.
If not, keep disputing it until they do.
This is easier than you think.
So, how long does it take to raise your credit score? As little as 37 days if you stay on top of things and know the right method.