7 steps to a 720 credit score pdf download

I raised my credit score from 546 to 720 in 4 months. After your bankruptcy is discharged, you will be enrolled into our 720 credit score program, which offers weekly bitesized seminars and resources to give you the tools you need to get your credit score back up to where it belongs. Jun 21, 2007 the 7 steps to a 720 credit score book, which gives readers the seven golden rules of building and maintaining a high credit score. Downloaded credit karma saw that my score was 546 on jan 15th was crushed, but felt like i was finally going to start taking control got my full credit report and list of all accounts that had gone delinquent andor into collections. For bad credit help and expert bad credit advice we recommend reading our free booklet boost your fico score in 7 easy steps. But it doesnt need to be nearly as high a score as people often assume. Without additional information to explain what it means, the score cant help you improve your creditworthiness. Join thousands of satisfied visitors who discovered hard money lending, hard money lenders and residential hard money lenders. Banks and lenders will use your credit score to decide how worthy of credit you actually are. In building personal credit, the first step is using a structured program to achieve a 720 or above credit score and maintaining it. Each of those steps could remove negative information from your credit report or add some positive info, either of which may benefit your credit score. Take our quiz to see how much you know about credit scores. Try to keep your credit card balances below 30 percent of your available credit. May 23, 20 other potential benefits of a high credit score include lower insurance premiums, better credit card terms, higher credit limits, and an easier time renting anything.

I wouldnt start looking at house but your in good shape. You need a credit report to provide the context that makes a credit score a valuable educational tool. Credit score basics but beyond a specific transaction, a credit score is just a random number. The 7 steps to a 720 credit score book, which gives readers the seven golden rules of building and maintaining a high credit score. Depending on where your credit score is today, you will find the best credit cards that will help you rebuild your credit here. The 7 steps to a 720 credit score program was created when mortgage lender philip x. This online course will give you simple strategies to raise your credit score to 720, in just 12 to 24. Lenders arent the only ones who look at your credit score. But may of my clients have asked for more help, and the 7 steps to a 720 credit score is the perfect answer. Get your kindle here, or download a free kindle reading app.

I raised my credit score from 546 to 720 in 4 months thanks. After testing the program, we learned that people who have been through credit rebuilding program 7 steps to a 720 credit score have 720 credit scores as quickly as twelve months after a bankruptcy. It works like this when your credit is so horrible that you cant get a. Doit yourself credit repair kit the credit repairmen. Sep 04, 2008 the 7 steps to a 720 credit score program was created when mortgage broker philip x. The fico scoring system recently changed so that taking this action has a more positive effect than in the past.

Phone number, email, physical address, alternate working history and all profile data to generate a clean new credit account. Target collection accounts first if your credit history includes unpaid bills that are in collections, work to pay those off first if possible, says kelley long, a member of the national cpa finlit commission at the aicpa. Why a credit history is important posterboard and markers computer access if possible procedure 1. Even people with bankruptcies, foreclosures, repossessions, and collections can have a 720 credit score in just 12 24 months.

For more information on philiips 7 steps to a 720 score credit management system visit. Quick and easy application find out if you qualify in minutes. For some, correcting a credit report by various methods is required see chapters on credit repair and full credit sweep. A credit score of 720 will qualify you for most cards. Any reference to your present or future credit record, credit history, credit rating or credit score in our advertising or during consultation with our law firm or during the handling of your bankruptcy case if filing bankruptcy is right for you is provided for the sole purpose of either. The more types of credit you have, the better your score will be assuming the accounts are in good standing. Improve your life by raising your credit score above 720. There are also a myriad of websites who will also allow you to download your free credit. Thats why step 3, our 7 steps to 720 credit program, is critical.

Dec 07, 2017 its possible to improve your credit score in a matter of weeks. The evg students who finished 7 steps to a 720 credit score in july gave philips program a 97% approval rating with 80% giving their highest recommendation. The fact that some of your accounts are fairly new is a factor. Additionally, because a 720 fico score is on the lower end of the good range, youll probably want to manage your score carefully to prevent dropping into the more restrictive fair credit score range 580 to 669. Jun 01, 2015 the first rule for the steps to good credit is to secure different trade lines.

When i was in college back in the 1970s, the credit game was simple. The reason i even mention amex is that they actually offer the best cash back card on the market blue cash everyday preferred. Download english pdf 964 kb download espanol pdf 964 kb. It will be the credit bureaus who collect information and generate credit reports based on that information, and creditors use the reports along with other credentials to. I applied for and was approved for a capital one secured credit card. Your credit scores can play a role in buying a home, getting a job or getting a loan. Discount for 7 steps to a 720 credit score the elevation group. Jun 17, 2018 there is no definite answer to this question. The best way to determine how to improve your credit score is to check your. Credit score reflection of the information on your credit report formula developed by fair and isaac corporation fico s g f 300scores range from 300850 average score is 720 the lower the score, the greater the risk it is to lend you money. Its possible to improve your credit score in a matter of weeks. Tirone shares some tips on how changing your credit score can change your life. Contact your credit card company about raising your limits. The same depends on the steps they adapt to build their cibil score and how effectively they follow it.

Time required one 45 minute class period materials handout 7. Ten percent of your credit score is determined by the different types of credit used. You might think youd have to wait seven to ten years, when the delinquencies fall off your credit report. In 7 steps to a 720 credit score, credit and personal finance expert philip x. The average fico credit score for approved and denied. Tirone will teach you the seven steps for playing the credit game so that you will establish great credit in as little as three months. Did you know that being late on a monthly minimum credit card paymnet adversely effects you credit score worse than being late on your mortgage payment. It may take 612 months for some, while some people can take more than that. In general, heres a breakdown of how credit scores are typically viewed following a credit check. Sep 16, 2016 7 steps to a 720 credit score by shawn louis stone on friday, september 16, 2016 helping our clients rebuild their lives after turbulent financial struggles is one of stone law group s core values we see it as part of our duty of care we owe our clients. One of the factors in your credit score is available credit.

Other potential benefits of a high credit score include lower insurance premiums, better credit card terms, higher credit limits, and an easier time renting anything. That doesnt mean go out and start applying for as many accounts as. If you find yourself with a lessthanstellar credit rating, you are not alone. You should probably avoid american express for now as they tend to be a bit harder to get approved for if youve had credit issues in the past. Credit score analytical exercises worksheet with solutions. The very first step you need to take when trying to raise your credit score is to find out what your score is. Learn to sort out fact from fiction when it comes to credit scores. No fees no annual fees and no fees to use your card. Tirone noticed that good people with good intentions were consistently turned down for home loans. While there are several steps that she can take, not one of them is sufficient on its own.

During the economic downturn that started in 2008, many people lost their jobs, homes and their high credit scores when they started delaying or missing payments this opened up a pandoras box of credit card scammers promising to repair your credit score and get the creditors off your back. Call stone law group right now to schedule a free an appointment with an attorney and learn about this amazing credit building program. It depends on which credit score model is being used, as well as each lenders credit criteria. Strategies for raising your credit score above 720 what exactly can a person do to raise her number so that she can take advantage of falling into that category of good credit scores. Credit cards can be powerful financial tools for you and your family, and as with all financial tools, they need to be used carefully. With a score in this range, you can get home loans easily but a slight rate of interest. For some, correcting a credit report by various methods is required see. Although this does affect your mortgage rate, and if its really low you actually might not be eligible, however, you dont need a. Its a course with videos, and workshops, and exercises, and lessons to give, mainly my clients, really mainly people who have been through bankruptcy, but it could be anybody with bad credit a laser focus to help them rebuild their credit. Conventional mortgage lenders will typically want a fico score of at least 720, or in some cases 740, but those with a score above 580 may still qualify for an fha loan. All of those limits your score but those same well. If you were a student and had no income, you couldnt get a credit card or. Its the first step to building a strong financial foundation for your new home. Store cards will not give you as many points as a bank credit card.

Increasingly, insurance companies and even prospective employers examine your credit habits as a way to evaluate your behavior. It will be the credit bureaus who collect information and generate credit reports based on that information, and creditors use the reports along with other credentials to check loan applicants credit eligibility. The average credit score for recently denied applications on conventional purchase loans is 729 according to fico and money magazine as of july, 2017 anything above 720 is considered excellent by most accounts. What is the 7 steps to a 720 credit score program that you offer. Jun 07, 20 lenders arent the only ones who look at your credit score. The first rule for the steps to good credit is to secure different trade lines. Im telling you, there are few books which every single person in america should buy. Learn how to maximize and protect your credit score during phil tirones special 7 steps to a 720 credit score class for evg members and readers, starting this week, that will make you more creditsavvy than your banker in just 2030 minutesweek 14 quick and powerful weekly lessons to teach you how to win the credit score game so you can save money, lower your bills, get the best rates. Bad credit repair can improve your way of life greatly enabling you to get the mortgage or refinance loan at the best possible low rate. Depending on where your credit score is today, you will find.

Maintaining a good credit score can be the key to getting the things you want in life, from a credit card or a car loan to a home mortgage. With that in mind, heres a look at the steps you should take to prepare your credit before applying for a mortgage. Each of those steps could remove negative information from your credit report or add some positive info, either of which may benefit your credit. You may already know your credit scores play a critical role in your access to credit. Much of your credit score is based on your revolving credit that is, the amount you owe on your credit card vs.