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How to Raise Your Credit Score by 200 Points or More

written by Michael Kwan on October 30, 2007

Building up your credit score is something that should be important to anyone. Whether you’re looking to get a new credit card, take out a mortgage on a new home, or even apply for a job in the United States, your credit score will follow you everywhere and affect nearly everything you do. With the subprime mortgage crisis still in full swing, improving one’s credit score is more important than ever.

Well, the Ultimate Credit Ebook was written exactly for this purpose and it promises to raise your credit score by 200 points or more. Can it live up to these claims? That’s what this ReviewMe request is supposed to find out.

Let’s Start at the Beginning

The first thing that struck me about the Ultimate Credit Ebook is that it does not carry a byline. In the ReviewMe request that John received, there’s no mention of an actual person by name. Instead, the e-book is authored by “http://www.ultimatecreditebook.com”. This made me a little uneasy, because I want to attach a name to anything that I read. Maybe it’s just me.

Getting past this, I actually found a fair bit of useful information within the 70-page ebook. Being a Canadian with zero debt, I’m not terribly familiar with credit scores, particularly those of American citizens. The definition of the FICO score was pretty handy for me.

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That’s why I am thankful that the first section of The Ultimate Credit Ebook: How to Raise Your Credit Score by 200 Points or More is dedicated to providing background information. Some of this info is more useful than other bits. I didn’t care too much for the lengthy section on the history of credit cards and how they work.

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One item that was noticeably missing from the ebook was a table of contents. I perfectly understand the importance of raising your credit score, but most people cannot be bothered with reading an e-book from beginning to end. Some folks like to skip ahead, come back, and read everything out of order. Having a table of contents would also help with future reference, in case there was a particular passage that you wanted to read again.

In addition to the cost of the ebook, the writers also make money through a series of advertisements and affiliate links integrated into the text. Here is an ad block for ING Direct.
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Uncommon Sense Tips

Randomly interspersed throughout the text are a series of “uncommon sense tips.” These are quick hitting points, identifying items that not everyone may know about credit scores. Here are a few examples:

  • Using a PO Box instead of your current address will pull your credit score down by 12 points.
  • If you apply for a job that pays more than $75,000 – by law, your credit report can be pulled.
  • Be very stingy where and why you apply for credit. (Inquiries that you do authorize, known as “hard inquiries” reduce your credit score by 20 points per hard inquiry.)
  • Your credit is mostly affected by new information, so start overlapping past old credit with present good credit.

Things You Can Learn About Your Credit Score

Despite the relatively brevity of the Ultimate Credit Ebook, it’s packed with plenty of foundational information for improving your credit score. For example, it tells you how to get your free credit report to check for errors, how to read your credit report, understanding what the different codes mean, how your FICO credit score breaks down, and what makes up your foundation score.

Your foundation score is based on several factors like:

Premium zip codes are considered neighborhoods where the cost of an average house is $1 million dollars or more. Doesn’t matter if you’re living in a trailer park – as long as it falls within a premium zip code, you get an automatic 200 points.

Beyond this background information, the real meat and potatoes doesn’t start until the last third of the ebook when you get treated to “12 Things you should be doing right now to Obtain credit / increase your credit score”, “10 Steps to a Perfect Credit Report”, and “How to raise your score by 200 points or 5 Ways to Improve Your Credit Score by 50 Points in Less Than 30 Days”.

Improve Your Credit Score With This Ebook

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For the most part, The Ultimate Credit Ebook: How to Raise Your Credit Score by 200 Points or More is well-written and a relatively easy read. There are a few grammatical and capitalization errors, particularly in the titles, but these are easily ignored. I would heavily recommend the inclusion of a table of contents as well.

Buy the ebook for $24.99 and if you don’t get an extra 200 points to your credit score, they will provide you with DOUBLE YOUR MONEY BACK. This is based on a 365 day period.

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