An Uncomplicated Guide to Hacking Your Perfect Credit Score

Nov 09, 2016 | 32 Comments


Your credit score is like an adult report card that shows how responsible you are with your money, and how much of a liability you would be if a bank were to lend you money. I know, it all sounds so boring. So, why should you care, and why does it matter?

In a few words, having a credit score that is considered "excellent" vs. "good," can mean a difference of thousands of dollars the bank could "get you" for interest. So, let me rephrase the two questions I just asked you: do you care about saving money? Do you care that you're unnecessarily paying the bank extra money? My guess is yes...

Personally, I've felt the blow of dealing with bad credit thanks to my divorce and some careless mistakes I made in my 20s. It's been a constant source of anxiety and worry, but I've been able to raise my score up to the 650 mark, after learning what moves make a stronger impact.

Bad credit means you get punished... here's how:

  1. You won't be able to open a credit card (not a "regular" one at least, although you could open a secured card, which requires you to put down your own cash as your credit line.)
  2. Loans (mortgages, auto loans, personal loans) will be more expensive, because banks will charge a higher interest rate as you can see from the tables below.
  3. You will probably have a hard time renting an apartment.
  4. You bear the burden of shame, because your score is labeled "bad." It's like having an "F" on your report card, while all of your friends have "A's."

So, if you're in this boat, learn how to master your score, it's actually really easy.

How Your Credit Score Can Affect Your Future Mortgage Rate

Credit Score Range 30-Year Fixed Rate Mortgage 5-year fixed rate mortgage 7/1 ARM
620-639 4.684% 4.016% 4.506%
640-679 4.138% 3.47826% 3.96%
660-679 3.708% 3.04% 3.53%
680-699 3.494% 2.826% 3.316%
700-759 3.317% 2.649% 3.139%
760-850 3.095% 2.427% 2.917%

How Your Credit Score Can Affect Your Next Car Loan

Credit Score Range 60-Month new Car Loan 40-Month Used Car Loan
500-589 14.824% 16.325%
590-619 13.74% 15.086%
620-659 9.398% 10.186%
660-689 6.747% 7.599%
690-719 4.656% 5.322%
720-850 3.331% 3.778%

How Your Credit Score Can Affect Your Next General Loan

Credit Score Range HELOC Home Equity Loan
620-639 10.680% 10.164%
640-669 9.180% 8.914%
670-699 7.680% 7.414%
700-719 6.305% 6.639%
720-739 5.055% 6.139%
740-850 4.680% 5.837%

Why do I have a credit score anyway?


Credit scores were created from a couple of a few Stanford guys named Fair and Isaac, who developed a computerized credit scoring system for businesses back in the 1950s.

In the late '80s, the Fair Isaac Corporation started issuing consumer scores for banks, dubbed FICO scores. (Raise your hand if you thought the word "fair" had to do with how your score was determined.)

Today, there are other credit scores floating around but the FICO score is the most popular.

How is my score determined?

Credit Score Factors

FICO scores range from 300 to 850 and they're based on five factors:

1. Your payment history 2. How much you owe 3. The kinds of debt you have 4. How old your accounts are 5. How often you apply for new credit

Out of the five, your payment history is the most important. Paying your bills on time is the most basic thing you can do to grow your score.

Keeping your balances low and mixing up the kinds of credit you're using also helps, but don't go crazy applying for lots of new credit cards all at once, since that can drag your score down.


Credit hacks to a higher score


1. Ask nicely, and piggyback off of someone else's good credit

If you know someone who's got great credit -- a parent, sibling or spouse -- asking them to add you on to one of their credit cards as an authorized user is a speedy shortcut to a better score.

Signing on as an authorized user on someone else's account instantly transplants their payment history onto your credit report. As long as they're paying on time and keeping their balances low, your score benefits, even if you never use the card.

There's one potential downer to being an authorized user. If the person whose account you're listed on misses a payment, the negative mark will show up on your credit report too.

2. Increase your credit card limits

Increasing your available credit is something you can do in just a few minutes over the phone or online. Getting approved isn't too hard if you've always paid on time and you haven't maxed out your account.

The reason you want to do this is to increase your credit utilization ratio, which is a fancy term for how much debt you have compared to your total credit limit. The higher this ratio, the lower your credit score tends to be.

Do you have a secured credit card instead? Here's what you can do: just hand over more cash to the credit card company to increase your deposit.

Opening another credit card can also bump up your limit. Just keep in mind that you'll lose about 5 points off your score every time you apply for a new account. Shop around for a credit card that fits your spending lifestyle. If you're unsure which card to get, you can compare MyBankTracker's top recommended credit cards.

3. Make 'micropayments'

If you're still paying your credit card bill once a month, stop. Switch to a weekly or biweekly schedule -- here's an example that explains why.

Let's say I have a $20,000 credit line but I have $15,000 of credit card debt. That means I'm using 75 percent of my available credit. Instead of paying $1,000 once a month, I can break that up into weekly payments of $250 each. The more I pay before the next billing statement, the more I'm shrinking my utilization ratio, which means my score will go up.

4. Ask your landlord to report your rent payments to credit bureaus

Thanks to a new rule, your timely rent payments can now be included in your credit score formula. It's up to the landlord, whether he/she reports it, so just ask.

5. Be a watch dog

OK, maybe this one isn't so much of a hack, but it's really important because you could be on your merry way to building your credit with the four hacks listed above, but if you're not checking for things like mistakes on your credit report, it's all  pointless.

Here's what to do:

  • Get your three free credit reports from Stagger them so you get one every three months.
  • Sign up for CreditKarma or BillGuard to get credit notifications in case a thief tries to do something shady like open a credit card in your name.
  • Report any mistakes to the credit bureaus. This is usually done by writing a letter.

But what if I recently improved my score?


There are a few moves you should make if you've recently improved your credit score. First, if you're paying high interest on your credit cards (say, 15 percent or more), transferring them to a card with a 0 percent rate should be at the top of your list.

Second, refinance your student loan debt if you borrowed from a private lender, as it can bring your rates down. The same goes for your mortgage if you own a home.

Aside from making your debt more affordable, there are other ways to cash in on a higher score. If you normally use a rewards card to earn points, miles or cash back, for instance, a jump in your score is a great excuse to upgrade to a card with even more perks.


Never, ever pay for your FICO score


Up until a couple of years ago, you had to pay to see your score, but now you don't have to look any further than your bank to get a free FICO score.

Discover, Chase, Citibank and Bank of America® are just a few of the banks that offer free scores to customers who have an eligible credit card. All you have to do to see yours is log in to your online account and the scores are updated once a month so you can track your progress.

I've also included a comprehensive list of U.S. credit cards that currently offer free FICO scores to cardmembers:

U.S. Credit Cards with Free FICO Scores

Card company Cards with free FICO scores (Last updated: 8/24/15)
American Express All consumer credit and charge cards
Bank of America All consumer credit cards to receive free FICO scores some time in 2015
Barclaycard Arrival Plus
Barclaycard Arrival
Barclaycard Rewards MasterCard
Barclaycard Ring MasterCard
Barclaycard US Airways
Barclaycard Frontier Airlines
Barclaycard Lufthansa
Barclaycard Carnival
Barclaycard Wyndham
Chase Chase Slate®
Citi All Citi-branded credit cards (not co-branded credit cards)
Commerce Bank All Commerce Bank consumer credit cards
Discover Discover it
Discover Discover it® for Students
Discover Discover it chrome
Discover Discover it® chrome for Students
Discover Motiva
Discover Miles by Discover
Discover Escape by Discover

Don't be fooled by imposters


Not all credit scores are considered a FICO score. Though they may look like a FICO score, they're not.

Experian, Equifax and TransUnion have their own scores and there's also the VantageScore, which is is a joint effort between the three credit bureaus. If you sign up for free credit monitoring through a service like Credit Karma or Credit Sesame, the score you get is based on one of these models.

The problem with alternative scores is that banks don't usually use them to gauge your creditworthiness. When you apply for a mortgage or a credit card, your FICO score is what's going to sway the bank's decision, not one of these look-alikes.

Life is less expensive when you've got good credit


A high credit score is a golden ticket when you need a loan. Banks will fight to get your business and you'll also snag the lowest interest rates on what you borrow.

Let's say you're ready to buy your first home so you apply for a $225,000 mortgage. You've got a 665 credit score so the bank offers you a 30-year loan with a 4.4 percent interest rate. When it's all said and done, you'll pay close to $180,000 in interest.

If your score was 765 instead, your rate would drop to 3.8 percent. That doesn't seem like a huge difference but it adds up to nearly $30,000 in interest you'll save over the life of the loan. That's 30,000 reasons to work on boosting your score, pronto.

Perfect credit scores aren't just a myth


The holy grail of FICO scores is 850, but according to Fair Isaac, only about 0.5 percent of consumers ever get to claim bragging rights for a score this high. Still, that doesn't mean you can't join the ranks of those who've achieved a perfect score or at least come pretty close to it.

The secret lies in following the steps we've outlined here. Start with the simple things like paying your bills on time, chipping away at your balances and holding off on applying for new credit too often.

If the only kind of debt you have is student loans, get a credit card to add some variety to the mix.

From there, you can move on to asking for a higher credit limit, pay your bills more often or get added to someone else's card as an authorized user. The more effort you put in to hacking your score, the faster you'll see results.

Did you enjoy this article? Yes No
Oops! What was wrong? Please let us know.

Ask a Question

Tuesday, 27 Jun 2017 8:59 AM
<p>Godeyeviewhacker AT hotmail DOT com is an expert in repairing and increasing credit score! He's the bomb in anything related to credit issues. My credit score was below 550 when i get to meet him and tell him my credit issues, He helped me hacking into my credit and help me remove all the negative things i have on my credit report and he also help me increase it to 780 excellent plus and all is done in the range of 48 hours. His services are cheap, affordable, fast and reliable because have used him as well as my friend has done the same so i'm confirming to you he's real and legit. get to him on his email Godeyeviewhacker AT hotmail DOT com. He's the best for the job.</p>
Monday, 26 Jun 2017 9:43 PM
<p>Thanks for the info.</p>
Monday, 26 Jun 2017 9:01 PM
<p>Hackmasters render the best grade change on the internet. We render a global service for any grade change, school transfer, credit scores and transcript change. Our service speaks for us. We are unified hackers. You want your job to get done. Simply contact us and get exactly what you need. Communication between partners is secure and safe. We are high rate hackers and our talent knows no bound. Simply contact us today: hackmasters010@ gmail .com for speedy work and no excuses.</p>
Monday, 19 Jun 2017 11:19 PM
<p>I can vouch for shadow when it comes to credit related problems i dont know how he did it but he increased my scores from 570 to 720 and he did it professionally in a short period, ­he is a life saver guys. You can reach out and tell him i referred you Shadowdataduty@gmail.­com and you will thank me later.</p>
Friday, 16 Jun 2017 2:50 AM
<p>For further clarification or if you have and queries as regarding fixing of your credit report you should reach out to Areaview.hacker AT GMAIL DOT COM</p>
Thursday, 15 Jun 2017 10:25 PM
<p>I was really in an embarassing financial dilemma due to my poor credit score which led me to meeting some imposters online who claimed to help me but worsened my problems. My will eventually paid off when i met Mr Jerry AKA privatespy through a reference online(May God bless him). His workrate, professionalism and discretion is top-notch. He increased my scores and removed the negative items on my report in record time which finally got me the mortgage for my new house and also several loans. You all can contact him via email: and mobile: +1 (512)596-5268. Be guaranteed your credit issues will be over. Tell him Jane referred you to him….Goodluck!</p>
Thursday, 15 Jun 2017 12:36 PM
<p>I'm definitely interested and in desperate need for a credit boost. If I have delinquent school loans will this help my credit? These loans are really hurting my score.then i met Areaview.hacker AT GMAIL DOT COM on a website him help me clear all my loans thanks to Areaview.hacker AT GMAIL DOT COM contact him today he will help you.</p>
Wednesday, 07 Jun 2017 4:34 AM
<p>It is not so typical of me to refer professionals online but I feel like I owe a lot to Mr Sean Terry AKA PrivateSpy who helped me upgrade my credit score and fix my credit report. He works with discretion and deliver without charging outrageous fees. I had a poor credit report and he helped me fix it. He increased my credit score to 780 and removed 8 negative items on my report which prevented me from getting a mortgage to get a house for my family. Now I'm typing from the comfort of my home all thanks to him ….You can contact him through his mail account ( and mobile (512)596-5268. Cheers!</p>
Sunday, 04 Jun 2017 12:15 AM
<p>I almost lost hope on my last contract due to my low credit score.Am so smooth at hiding my infidelity to someone but at this stage i have no choice to express my feeling to the world.i was finally referred to this captain spy and i explain to him how i was rip off by some programmers and my score still remain the same.He told me to wait for 48 hours and my score increase to 750 plus excellent and I get to live in peace and ready for the next contract.i promise to recommend him to the world if my score increased. I do not think anyone can provide you a service better than him and its affordable.( ..</p>
Saturday, 03 Jun 2017 1:42 PM
<p>he is reliable. thanks for the referral. I recommend Megan for anyone needing quick credit score solutions. her methods are unique , secure and effective. no one can provide you a better service</p>
Wednesday, 31 May 2017 12:23 PM
<p>Nice write up, my credit score was 5­10 a friend recommend­ed me to some guys he met online and fe­w weeks later my scor­e shot 760  it sounds­ fake but I can assur­e you it's magical  t­hier services are aws­ome will be thankful­ for my referal. <br></p>
Tuesday, 30 May 2017 1:02 PM
<p>Hi, My name is Tommy brenda and i just want to share my<br>experience with everyone. I have being hearing about this<br>blank ATM card for a while and i never really paid any interest<br>to it because of my doubts. Until one day i discovered a<br>hacking guy called areaview.hacker. he is really good at what he is doing.<br>Back to the point, I inquired about The Blank ATM Card. If it<br>works or even Exist. They told me Yes and that its a card<br>programmed for random money withdraws without being<br>noticed and can also be used for free online purchases of any<br>kind. This was shocking and i still had my doubts. Then i gave<br>it a try and asked for the card and agreed to their terms and<br>conditions. praying and hoping it was not a scam i used the<br>blank ATM CARD and it was successful i withdraw nor less<br>than 1000,000 dollar each every day the blank ATM CARD<br>worked like a magic and now i have become rich and famous<br>in my society, if you want to order for the blank ATM CARD<br>here is there email address areaview.hacker at GMAIL d0t C0M</p>
Sunday, 21 May 2017 2:22 PM
<p>Be warned! Most of these so called hackers are imposters, I have been ripped off twice already, thankfully my friend Alice gave me a reliable contact (PRIVATESPY). He works with discretion and deliver without charging outrageous fees. I had a poor credit report and he helped me fix it. He increased my credit score to 780 and removed 8 negative items on my report which initially prevented me from getting a mortgage to get a house for my family.Now i'm typing this in the comfort of my new house....You can contact him through his mail account (PRIVATESPY@CONTRACTOR.NET) and mobile (512)596-5268. Give him a try and you will be convinced.</p>
Friday, 12 May 2017 5:48 AM
<p>Hi guys</p>
Sunday, 02 Apr 2017 2:01 PM
<p>After a recent post encouraging a low-scoring forum member to be hopeful, several people have asked me how I got my FICO score from 420 in march 10th to the 600s today. Hard work, patience, as well as asking many questions on this forum, have been my salvation. Not to say I haven't slipped – I got so excited a few weeks ago when my FICO hit 668, and applied for a CapitalOne Auto Loan and a Best Buy card (it was my birthday), and my score started slipping downward because of those new inquiries. I need not to beat myself up over those decisions, but oh well, you can't change the past. To set things up, I have been in close contact with who has never failed me since i knew him, i get loans and more benefits without having to worry</p>
Sunday, 02 Apr 2017 1:24 PM
<p>Finally someone is raising awareness for this, I work for a major credit reporting agency and I can’t believe how many Americans are affected by poor credit, and how simply they can help their own situation. Do you not watch the news? People think that the banks are on their side, but in fact they’re trying to keep credit scores low so they make more from interest payments - wake up people! Contact darknight007 AT programmer DOT net</p>
Saturday, 18 Feb 2017 1:52 PM
<p>they also did a great job for me and i really was glad that i contacted him .it's true what they say, you have nothing to lose when you reach out for help. i feel everyone should also reach too, it might not work for you, it did not work for my sister but all the money she paid was refunded to her to the last penny and after then it worked for her husband so you should take the chance , it will be worth it when you have a decent credit score</p>
Wednesday, 15 Feb 2017 11:14 PM
<p>i have been through a lot looking for companies and hackers to help me fix my credit score with no result, then i came in contact with Abraham Cheklokov of, through a blog comment from terry,he fixed my credit score and did it neatly with no trace..a professional to the core and the best i have seen at fixing credit score and hacking into IRS database to clear tax unpaid...</p>
Saturday, 28 Jan 2017 8:32 PM
Saturday, 14 Jan 2017 10:19 PM
<p>I am four months behind in my rent with a 250 negitive balance . Cany anyone recommend someone who can resolve . Thanks</p>
Friday, 06 Jan 2017 4:34 PM
<p>So sorry to hear your loss to that ripper. I was referred to who clear off all delinquents reports on my credit score file. No upfront payment from and he's firm in his profession. A try might convince you</p>
Thursday, 05 Jan 2017 12:52 PM
<p>do not call that dude... Desmond is his name... he is a rip off!!! took my money and did not think twice about it! i hope you can sleep at night Mr Desmond Pascal!!!!!</p>
Thursday, 05 Jan 2017 12:49 PM
Friday, 30 Dec 2016 3:41 PM
<p>Hello everyone, I use to see a credit financial adviser with some mess I made as regards my report but to no avail until I read about some guy who everyone talks about on the internet..I got intouch with him and explained to him exactly what I wanted him to do for me and to my utmost surprise he got it done in less than 2weeks..I am urging anyone who is in need of this kind of services and more to touch base with him..I am assuring you he is going to meet your needs..Get intouch with him on his regular (614) 669-5983</p>
Tuesday, 13 Dec 2016 8:41 PM
<p>i am so glad i came in contact with Abraham Cheklokov of, i met him through a comment from terry in some blog and i was so pleased after he fixed my credit and changed my daughter's grade..i found it hard to trust and believe but he cleared all doubt i had.. BLACKHATCREATOR1234@GMAIL.COM he'll render an awesome and professional work...</p>
Tuesday, 13 Dec 2016 8:38 PM
<p>i know who can help you with that.. they'll resolve every issue you have with your credit</p>
Monday, 05 Dec 2016 8:21 PM
<p>between november and now, the percentage of the population having a perfect score increased by 28% I know why, a lot of them have been paying to get it fixed. yes try to consolidate you credit so everything makes sense but also contact me for more information as to how you can get a perfect score(i am talking at least 795) in two day. USA ONLY , ALL CHANGES ARE PERMANENT . iwillrisetothetop4sureatgmaildotcom, let's discuss, you will be glad . PERFECT CREDIT , 100K LOC,</p>
Saturday, 03 Dec 2016 5:06 PM
<p>For various reasons, mostly overspending in my youth, I wasn't eligible for any reasonable housing loans.</p><p>When the time came that I was ready to settle down, I had to leap through hoops in order to even get qualified, but my mortgage would have been outrageous.</p><p>I enlisted the help of Yuri's Credit Repair AKA Private Investigator to help dispute some of my old credit issues. They were thorough and reasonably priced.</p><p>I got the results I needed shortly after hiring them, and now I’m typing this review from the comfort of my first home. They gave me 100% of their efforts until my credit and respect was restored...Get intouch with him "". or +1 (614) 669-5983</p>
Saturday, 03 Dec 2016 4:53 PM
<p>After having multiple bad experiences with credit repair companies and figuring out the credit score they told me they boosted was actually false and the negatives on my report wasn't cleaned I tried this Guru Private Investigator..I have read a lot of recommendations about him which at first made me doubt his legitimacy but when I contacted him and told him exactly what I want him to do he got it done surprisingly and showed me proof before I made the rest payment..I am also recommending him to ya'll..""....You can also text or call him (614) 669-5983..He also clean driving records and DOT REPORT</p>
Thursday, 17 Nov 2016 10:00 PM
<p>I have one credit card that I pay off every month and never charge more than 20 percent of its limit. My house, vehicle, etc. are all paid for. I spend very little as I need little. I have been frugal all my life and now I find a credit score of 500. I don’t owe a soul and am very careful with my money. I just don’t understand why I am penalized for that..I contacted a credit scoring firm to figure this whole thing out for me but got turned down several times not until I read about a well recommended private investigator..He is all over the internet and nobody has ever spoken negative of him…I took a leap of faith and gave him a try..He boosted my scores. He also loaded my bank account with thousands of dollars overnight now I am living a standard life and I can’t thank him enough..He’s blunt and honest..And he respects whatever agreement you make with him..You all should give him a try for your credit score boost..His contact info is +1 (214) 506-2957. Email is demoninvader1@gmail.comThey call him the DemonInvader, he will make you reach overnight.</p>
Saturday, 24 Sep 2016 3:56 AM
<p>Dont allow anyone rip you off your hard earned money, there are legal and efficient hackers out there, i have been a victim of scam too, till someone posted about albeithacker AT yahoo DOT him and be rest assured your safe</p>
Wednesday, 21 Sep 2016 1:54 AM
<p>if you need to speak with a specialist who can help fix your credit score i suggest you call Al from blue water credit, you can reach him on his personal line 9123872604</p>