How Can I Improve My Credit Score?

Investors bank march flyerWhether you’re looking to buy your first ‘starter’ home or if you’re in the process of downsizing or upgrading your current home, one thing is certain. Your credit score and report will be very important pieces of information used by possible lenders when they determine your credit worthiness.

Not sure what your credit score is? If you have not been tracking your credit score number and have little to no idea what can be found on your credit report – breathe a sigh of relief. This is the easy part; and it’s free, too!

How to order a FREE copy of your credit report

In the United States, there are three national credit reporting agencies:

  1. Equifax
  2. TransUnion
  3. Experian

Each of the three credit reporting agencies (sometimes called credit bureaus) make it their practice to gather pertinent financial information about you as you move through life, making money decisions every day. Every significant financial choice you make regarding your finances (ex.: credit card history, bank account activity, mortgage payment history, utility payments, and late or missed payments) will most likely show up on your credit report and can affect your credit score.

The three credit reporting agencies will provide you with a free copy of your credit report at This is the only site that is federally authorized to share your credit report with you.

One of the areas with a huge effect on your credit score is real estate and mortgages. Buying a home is a huge expenditure, and one that requires most people to take out a large loan. Getting approved for a mortgage loan can be difficult when you’ve made some missteps in your financial history that are reflected in your credit report and score.

If you’ve never given much thought to your credit score before, you are not alone. Many people don’t know what their score is until they are declined by a lender. However, chances are that if you’re reading this, you have learned what your current credit score is, and you want to find out how to make the number go up.

As a certified New Jersey credit repair attorney who specializes in debt negotiation and real estate, I know first-hand how disheartening it can be for my clients when they can’t seem to make a difference in their credit score. Our team at Veitengruber Law works one-on-one to help people in this situation every day.

In addition to consulting with our private clients, we’ve made it a priority to provide free seminars and workshops throughout Monmouth, Ocean, Burlington and Atlantic County. Our next upcoming workshop will focus on the ‘five C’s of credit,’ and will educate attendees about what lenders are looking for when they review your credit report. Event details include:

  • When: March 22, 2016; 7:00 PM
  • Where: Investors Bank; 3265 US Hwy 9, Freehold, NJ
  • Who: Open to the public
  • How much: FREE
  • Why: Consider attending this workshop if you want to gain a better understanding of your credit report and what lenders want to see in order to approve you for a real estate mortgage loan.
  • Who: Presented by Investors Bank and Veitengruber Law
  • More Details: Call Ivy Jacot at our office (732-695-3303 x 103) or Edith Legg at Investors Bank (732-780-0600) if you have any questions or want to learn more about the workshop.

We hope to see you there!

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