Secrets Of Credit Repair
Did you know that there are some helpful secrets that can raise your score up to 60 points in 30 days with one letter or phone call? We are not joking, this is no gimmick, there really is a technique pattern out there that can do this and i have personally used this technique with hundreds of clients.
When you purchase a home, the money lender gives you the choice of using a gift of money from a family member as your down payment when you close. Well instead of having family members gift you a down payment, have them gift you credit history instead which will give you more buying power. I want to make this very clear right from the beginning that you only want to use this secret Im about to share with you with family and friends that have a 700 credit score or higher! If a family member does not have this high of a score then use a friend who does. This credit technique is called mirroring a trade line.
The first step to mirroring a trade line is to decide on the person’s credit you want to mirror. Once again only ask someone who has a mid 700 credit score or higher. Once you have found the individual, you can safely let them know that if they use this credit technique that there is nothing you can do to hurt their credit. Let them know that they will be giving you a gift of credit history that will help you make the purchase you need to make. Also let them know that they can remove you from their credit accounts at any time and most people remove you from their accounts after the purchase is made.
The way that this credit fixing secret works is that you are essentially having some ones good credit history attached to your name and social. For example, if my wife didnt have credit history and i had 10 years worth of good credit history, i could add her to a few of my credit accounts. If i added her to a master card that i have had for 7 years, it would copy 7 years of excellent credit history to her account. So how exactly do you mirror?
Have the person you have selected to help you, call one or two of their creditors. Credit card accounts are the easiest to add an individual to. Have the family member or friend tell their credit company that they want to make you a joint applicant. Make sure that the credit company asks for your social as this is the only way credit is associated to you. Too often people get made joint user’s instead of joint applicants instead which do nothing to help your credit.
There is one warning to be explained when using this technique however. If you mirror someones credit accounts and history and they do something to mess up their credit, it will effect your credit score and lower it. If you know someone is about to go through a hard time financially, make sure you get taken off their credit accounts to ensure that your credit score doesnt go down the tubes.
