Ex- Executive/Insider Exposes Underground Trade – Industry Secrets to Boost Your FICO Score
July 3, 2015 | Uncategorized | 0 comments
| Author: Dmitri
A low FICO score can be damaging to your credit worthiness. Contact a lender for a loan or apply for a new credit card and you are quite likely to be turned down if your FICO score is not up to the mark. The main cause for concern is that most people don’t have the aptitude to understand the intricacies of the FICO score. Therefore, they aren’t able to take the necessary steps to perk up their FICO and improve your chances of being approved for credit in the future. Well, this is now a thing of the past. Now, you can easily boost your FICO score. How, you may ask.
An executive, an industry insider, has shared industry secrets that the average customer can use to boost his/her FICO score. This busts the myth that once your credit score is ruined, there is no way you can give it a boost. There are effective ways to do so. All you need to do is go through the secrets shared by the ex-executive and you are good to go. This way, you can perform effective credit repair and boost credit score. Let’s go over the industry secrets to boost your FICO score:
- You need to remove credit inquiries from your credit report. Credit inquiries count for a lot when it comes to calculating the FICO score of a person. However, credit inquiry removal isn’t something that you can do on your own. You will require the services of a credit repair company for the job but rest assured they will deliver the results you are looking for.
- The second secret shared in the report on underground trade is selecting the right trade lines. If you want to get a new credit card, you shouldn’t just go for any random option you come across. You have to ensure that you choose one that is in line with what you need. Opening new trade lines that are perfect for your needs ensures that that your FICO score doesn’t get lowered because of the increase in credit. A credit repair company will help you choose the right trade lines. Moreover, they can even merge multiple trade lines you can easily use.
- Lastly, there needs to be a balance between the positive and negative items on your credit report. This can be done by removing negative items and adding positive ones. Among the items that can be removed are liens, bankruptcies and foreclosure. The credit repair company you choose will do it for you. When there is a balance between the positive and negative items, your FICO score will improve considerably.
These are some secrets the ex-executive shared about underground trade. Make use of them and you will be able to boost your FICO score.