by Rachel Blain

Created on: October 26, 2009   Last Updated: October 27, 2009

Building credit that is trustworthy of loans and large purchases is essential to a sound financial future.

Below is a series of steps and strategies that if followed precisely, posses the ability to bring any credit score up dramatically within about 18 months. Give or take depending on how diligently you choose to work at it, your credit score can go from D- up to an A very quickly.

# 1. Obtain a Copy of your credit report from each of the three bureaus - Equifax - Trans-Union and Experian

# 2. Dispute any wrongs, such as things that are over 7 years old, inaccurate reporting of dates, name, addresses. Anything at all that is not correct.

How to Challenge your credit report can be obtained at each of the credit bureaus websites.

In about 5 weeks you will receive an updated credit report usually with some things removed.

If not all are removed, you can choose to try disputing one more time. Sometimes this helps and sometimes it does not, however it can be worth the effort if it does.

# 3. While waiting for your updated credit report open 2 checking accounts with about $50.00 in each at two different institutions and one savings account at a third.

Use credit unions if possible. Banks are less desirable and tend to slow the process down a bit. However, if utilized properly they can work well when applying this strategy.

It will benefit you greatly to locate the banks with totally free checking and to use promotions, (like the bank will give you 50 dollars if you open an account and keep it open for 90 days). Shop around, you'll be surprised at the deals offered by various banks these days!

Most can be found online just click this Google Search for bank promotions and see what comes up. Think of a bank as a tool and use it as such.

# 4 - Organize your paperwork for each account. Use the first account for bills and other obligations. The second account, for spendable cash and the savings account well, for savings, even if it only has $5.00 in it.

# 5 Begin to establish rapport with these three banks. Visit them frequently with your new checkbooks and bank cards in hand. Appear organized and confident. A good strategy would be a minimum of three transactions per week, per bank, even if it's to only deposit $10.00.

A good strategy for establishing rapport with anyone really, (it doesn't have to be a banker necessarily) is to remember this one thing:"People love to talk about themselves!"

Remember that, become a very good listener and this strategy will take you

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