Credit Scores and Reports

How rapid rescoring works to improve a credit score


A rapid rescore can be requested by a mortgage lender to quickly undo damage from an erroneous credit report, but it won’t erase your old mistakes

The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs.

Question for the expertDear Let’s Talk Credit,
How much do you pay and to whom do you pay it to boost your credit quickly through a rapid rescore? — Nekitia

Answer for the expertDear Nekitia:
A rapid rescore can only be requested by a mortgage lender. Typically, it may be requested if, for example, you are a few points away from a credit score that would mean a lower interest rate. The rapid rescore will only improve your credit score if you have errors on your credit report. Accurate information cannot be removed from a credit report in a rapid rescore.

Here’s how it works. You may have an error on your credit report, such as a negative account that doesn’t belong to you, or an account where a payment was not reported correctly. This information is lowering your credit score by the crucial points that make a huge difference in the mortgage loan for which you would qualify. In such a case, you would provide the lender with proof against the error and the lender would submit the information to the credit bureau. Or, you could have a high balance on an account that you paid down, but that has not yet been reported on your credit report, and the lender would send in proof of the payment to the bureaus.

Rather than having to wait the customary 30 days to have a dispute resolved for incorrect information, or to have a payment posted by the creditor on the normal posting schedule, the rapid rescore allows the report to be corrected/updated and a new score calculated in approximately 72 hours. Your lender can use a simulator to determine if the corrected information on your credit report will improve your score enough to make a difference.

The credit bureaus offer rapid rescoring to their customers (mortgage lenders) and charge a nominal fee for the service. Many lenders absorb the fee and some pass it along to consumers.

Rapid rescoring should not be confused with credit repair. Some companies offer services to dispute information on your credit reports and “repair” your credit. Sometimes, the fees charged for these services can be high and the service provided is something consumers can accomplish on their own. If you are trying to improve your credit, know that accurate negative information cannot be removed from your credit report. It will come off your report seven years from the date of delinquency.

If you are hoping to qualify for a mortgage loan, get copies of your credit reports from at least six months before you want to qualify for a loan. This should give you the time you need to get your credit reports in the best shape to qualify for a mortgage and you wouldn’t need a rapid rescore.

Let’s keep talking!

See related:A rapid rescore can fix your credit score in a hurry


Editorial Disclaimer

The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.

What’s up next?

In Credit Scores and Reports

Credit card approval tips for new immigrants

New to the U.S.? Until you understand the American credit rating system, expect to be continually rejected for new credit cards

See more stories
Credit Card Rate Report Updated: November 25th, 2020
Cash Back

Questions or comments?

Contact us

Editorial corrections policies

Learn more