How to Improve Your Credit Score in Three Business Days

Improving a low credit rating doesn't typically occur overnight or within a few days. Creditors update individual credit files, and a consistent routine of paying bills on time and keeping debts low results in a better rating over time. However, there is a way to quickly boost a bad rating. Some creditors offer rapid rescoring, wherein they'll update your credit file immediately if you detect an error or pay off your balance. Rapid rescoring benefits anyone who needs an immediate credit score boost to qualify for financing.

Instructions

1

Talk to your lender to see whether it offers rapid rescoring. Not every lender provides this service. If it offers rapid rescoring, ask whether you can get your score improved in three business days.

2

Pay the fee associated with rapid rescoring. Unfortunately, rapid rescoring isn't a free service. Expect your creditor or lender to charge a fee for quickly updating your credit file. The average fee is $50.

3

Check credit file. Creditors may mistakenly report a higher credit card balance or erroneously report an account as delinquent. Notify your creditor of mistakes on your credit file that reduce your rating. Ask the creditor to update your file with the bureaus and remove erroneous information. Other errors can include unknown liens, collection accounts and judgments. Quick correction of these errors can help boost your credit score.

4

Pay off debt. Maxed-out credit cards or high balances on your credit cards also lower your credit rating. Use extra cash to completely pay off your balances.