posted by josandler
By Karl Graus
Having a clean credit report in these market conditions is important. Now that mortgage and loan requirements have gotten stricter, your credit score may be more important than ever. Now, we will find out how you can raise your credit score almost overnight.

If you're looking at ways to improve credit, you must get charge offs removed from your credit report. Charge offs can have a real nasty effect on a FICO score. Long story short; you want them removed from your credit report. But if they are there, there is still hope of getting them off. This will improve your credit score and give you lower interest and monthly payments in return.

Getting charge offs removed starts with a copy of your credit report. Every calendar year, you get one copy of your credit report. This allows you to see what's on there.

It's not uncommon to see a mistake on your credit report. When you see an error, compose a real letter to the credit bureau. Don't try to save time and send an email, compose a real letter. With ink and a stamp. cross your fingers and hope you don't hear anything from the credit bureau, because if you don't, the charge is automatically dropped from your credit report. Another increase in your score!

Certainly, it's a lot of work for a small step. But that's what raising credit score is all about, one step at a time.. Just a small difference in interest for a mortgage can save you thousands and thousands of dollars over a few years. So be meticulous when doing your preparation.

Most people never really go over their reports. They presume that there are no errors in their reports. Actually, credit bureaus make a lot of errors. You can get charge offs removed and increase your score. You just have review your report, see if there are any mistakes on there and send a letter to the credit bureaus. Just doing this can save you thousands of dollars in the coming years.