How To Increase Your Credit Score As Much As 25 Points In Less Than 5 Minutes

I know that I have given a lot of background info and have busted the myths of how to perfect your credit in the past few days, so today I want to give you something that can be implemented immediately, will create results, and won’t cost you a single penny to do it.

There is a secret arrangement that creditors have with the credit bureaus to gain access to your credit report without you ever knowing about it. This arrangement is setup so that the creditors can select prospective clients to send specific offers to and increase the results of their advertising. It’s what causes your mailbox to fill with ‘pre-approved’ credit offers that you’ve never applied for and didn’t come from having a prior relationship with that creditor.

The creditor doesn’t get access to your complete credit report, but they get enough to find out if you’re in the ballpark of their ideal client profile and can match an offer to who they think you are. There are multiple problems with this situation.

First and foremost, it has been shown that this access to your credit report actually causes your score to stay artificially low.

I’m sure you’re yelling out like I did when I first heard this, ‘That is so unfair!’ Well, you’re right, but since the creditors drive the credit bureaus with their monthly reporting fees and memberships, the bureaus are obligated to scratch the creditors back and help them out since the creditors are the bureaus REAL clients, not your or me.

The second problem with this arrangement between the bureaus and the creditors is that it puts you at risk for Identity Theft since your mailbox is filled with offers extending you credit that can be stolen very easily and used without your knowledge, until it’s too late. Mail theft is the #1 way that ID thieves attack.

Finally, getting ‘pre-approved’ offers that you are not actively applying for increases your chances of becoming an impulse buyer. In a time of weakness you may respond to a 0% intro offer on a new credit card and then go charge it up, putting you in a position of weakness financially with more bad debt.

So what do you do to combat this? Go to www.optoutprescreen.com and select the ‘Cl1ck Here To Opt-1n or Opt-Out’ link. Then fill out your information and click on either the ‘Electronic Opt-Out For Five Years’ button or the ‘Permanent Opt-Out By Mail’ button. By selecting the latter, you will have to print out the form and physically mail it to complete the process.

At this point, creditors will no longer have access to your credit report to send you any more offers and your score will benefit from it within the next 30 days as the bureaus are updated of the
change.