Do You Know Your Credit Score?

Photo courtesy of thinkpanama

Most people have been advised to check their credit report regularly, having been reminded by friends, family members or possibly even financial advisors. However, it seems that many Americans just don’t understand how vitally important it is to have a good credit score and the fact that their entire financial world revolves around that report. In fact, in order to move forward in many areas of life, a high credit score is, quite simply, a must-have.

Staying on top of your credit report each year will alert you to any changes that are occurring in your credit score, including the most insidious form of credit fraud known as identity theft. This happens when a thief opens one or more accounts using your name, leaving you with all of the responsibilities when the collectors want to settle up. This type of identity theft can be overlooked if you are not reviewing your annual credit report.

It is important for everyone to be aware of their credit standing because it can have an extraordinary effect on many areas of financial stability including: buying a home, getting a car loan, renting an apartment, and making many other large purchases. Insurance agents and prospective employers may also use your credit score to make decisions about what type of person you are. A higher credit rating makes you more attractive to lenders. You can keep your borrowing options open by monitoring your credit report on a regular basis.

Veitengruber Law knows how to fix bad credit whether your low credit score was caused by poor decisions in the past or credit report errors. We know that poor financial decisions and unreported errors are lowering your credit score, which means that you are paying unfair interest rates or even being denied credit. Let us put our knowledge to work for you! If you need to buy a new home, settle old accounts that are unpaid or overdue, are recovering from a divorce, bankruptcy or foreclosure, call Veitengruber Law today for a free consultation about fixing your credit rating the right way.

Advertisements

12 Responses to Do You Know Your Credit Score?

  1. Pingback: Are Financial Worries Keeping You Up at Night? « Veitengruber Law

  2. Pingback: Mortgage Help for the Self-Employed « Veitengruber Law

  3. Pingback: Home Ownership & Student Loan Debt: How They’re Connected | Veitengruber Law

  4. Pingback: What to do if Your Credit Report has Errors | Veitengruber Law

  5. Pingback: Friday Five: We Can Do That! | Veitengruber Law

  6. Pingback: Which Credit Card is Right for You? | Veitengruber Law

  7. Pingback: Your Rights Under the Fair Credit Reporting Act | Veitengruber Law

  8. Pingback: Why Did My Credit Score Drop? | Veitengruber Law

  9. Pingback: Will Co-signing a Loan Affect My Credit Score? | Veitengruber Law

  10. Pingback: How Much is Your Credit Score Costing You? | Veitengruber Law

  11. Pingback: Will My Credit Score Drop if My Car is a Lemon? | Veitengruber Law

  12. Pingback: Buying, Selling and Keeping Your NJ Home | Veitengruber Law

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: