The Best Credit Profile.
You can't hit a target until you can see it clearly , so that you can take aim. That is certainly true of credit repair, so let me first show you the target you should aim at for the best credit score possible.

The Best Credit Profile (Score) usually includes 3-5 open accounts. If you have a mortgage loan, an auto loan, and 1-3 credit card accounts, you will have the best chance at a high score.

Having many open accounts lowers, rather than raises, your score. No late payments and no collection issues will dramatically boost your FICO. Also, never let the balance on any credit card or other revolving account exceed 50% of the available credit limit. If you feel that you must exceed 50%, try first to get the creditor to increase your available credit limit, so that you can stay under half. The best score will come to those using less than 1/3 or their available credit on any account.

Finally, your credit score is most affected by your credit history over the last 18 months. That's bad news if excellent credit for the past 7 years is marred by a few recent mistakes. It is great news if you now have your situation under control - good credit scores are only 18 months away. Less, if you follow the repair steps in my book and in the software at www.shedyourdebt.com.

How To Establish AAA Credit in 30 Days.
If you have a bad credit history, or even no credit history at all, it is sometimes hard to get started building a good credit credit score. Try this approach.

To work this plan you need at least $400 to begin, $1000 would be even better. For this example let's say is was $400. You should borrow this from friends or family if necessary. Then go to a bank of your choice and deposit the $400 into a regular passbook savings account. Wait a few days for the account to be posted and return to the bank to ask for a loan equal to the amount of your deposit - you offer the passbook as collateral.

Since the bank is already holding your $400, they should have no concern about lending it back to you with interest. They won't even make a credit check, because the loan is secured with your deposit. If any bank refuses to loan on these terms, close your account, color them stupid, and choose a different bank.

When bank number one loans you the $400, you go to another bank, open a savings account, return a few days later, borrow $400 from that bank using your new passbook as collateral. Then repeat the process at a third bank with your borrowed $400.

Wait a few days to go to a fourth bank where you open this time a CHECKING account with the $400 borrowed from bank number three. Wait a few days and make a payment on each of the other three loans.

A week later, make payments again on the three loans, and continue paying each week until you have almost paid off the balance. A credit investigation at this point will show you with three active bank loans (which are considered very hard to get), a checking account, and an excellent payment history for all three bank loans - with you having paid up in advance.

Thus, you have AAA credit in as little as 30 days, and your credit score will be on the rise. From here you go on to apply for loans, credit cards, and other items on credit, but remember to go easy.

One of my e course lessons teaches an even faster way to borrow credit from someone else, with no risk or negative effect to them. Yet, this perfectly legal method can boost your score overnight by 100 points or more.