Credit Report:
"Improving Your Credit Can be Easier Than You Think"
There is a lot of bafflement about the matter of how to improve your credit
score. The good news is that there's no need for it to be this way.
Credit repair has come a long way from the old days when you sent in a dispute
letter to the bureau that was reporting it.
Nowadays they use "Rapid Rescoring" and modern computer generated systems.
VantageScore is the name of a new credit rating product that is now being
offered by the three major credit bureaus (Equifax, Experian and TransUnion).
The new product was announced by the three bureaus on March 14, 2006. It is
essentially a way for the three bureaus to rival the current dominant player in
credit scores (Fair Issac with their "FICO Score").
Unlike FICO’s traditional 300 to 850 scale, the VantageScore goes from 501 to
990
It is a little know fact but due to conflict of interest all credit report
disputes go through a company called OSCAR.
How to Beat Them at Their Own Game
First get a copy of your own credit report. If you get it through this link your score will not
be effected. You will be seeing the exact same
report that your
employer sees.
Secondly, Use a fast credit repair agency. You might be surprised at how fast
your credit can be repaired. With all the technology today the old system of
mailing in a dispute letter has been replaced with "rapid rescoring" techniques.
One such company recommended by our readers is
www.24hrCreditFix.com
This company was started by an
ex-credit bureau manager and uses state of the art techniques.
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