Comment from aidenislove
Time February 20, 2010 at 8:00 pm

If you want to increase your score fast, call up your credit cards and ask for a credit increase. Also attempt to get a good credit card like Discover or Chase Freedom or even a WaMu is ok. DON’T USE THEM. The more open availability you have will lower your utilization %. Credit scores are heavily impacted by your utilization %. Now once you do this, you will still need to wait a couple months for the new score to be reported.

Comment from Brandy B
Time February 20, 2010 at 8:40 pm

Ok first your score of 650 is fine to buy a house, and the easiest way to improve a credit score is to make sure all credit cards are paid down to less than half of your limit. If you have a limit of 1000.00 on a credit card make sure it is below 500.00. If your debt to ratio is high, just get some bills paid off and that will help.

You can get a home loan with your score now. 650 is not a bad credit score, that is around the majority of Americas credit score.

Comment from stan c
Time February 20, 2010 at 9:16 pm

Just get a small loan for 24 months and pay it back in 12. To get from good to excellent, the score is between 750 to 850.

Comment from Stefan
Time February 20, 2010 at 9:23 pm

You will need to improve it to get a preferred rate. A friend of mine added a tradeline through the source website and got a 50 point bump. Sure he paid $700 to do it but he got a quick bump in his score in about 45 days. He filled out their free evaluation form, or called their toll-free number. I can’t remember which. Good luck.

Comment from Doctor Deth
Time February 20, 2010 at 10:14 pm

no such thing as a fast and easy way to improve score – paying down debts, paying on time and time are the only solutions – along with a good credit score, you also need about 10% cash for downpayment and closing costs, inspections, etc

Comment from Maddy S
Time February 20, 2010 at 10:16 pm

try to get all of your credit cards paid down to or less than %40 of their limit.