Tips on Improving and Maintaining a Good Credit Rating

Whether you are picking up the pieces after a bankruptcy or trying to increase your chances of getting a good interest rate on a loan, being proactive in improving and maintaining a good credit rating is essential these days. The problem is, most people do not know what a FICO credit score is, how it is calculated, what goes into it, or what a credit history is. For that reason, I wrote a series of articles to educate people on these concepts. Check out these articles if you have ever wondered:

In all of this, it is important to realize that you do not have one credit history; you have three. They are maintained by Experian, Equifax, and Transunion, and can contain very different information. Because of this, there is a separate FICO credit score for each one of them. Any effort on your part to build a good credit rating should involve a review of all three reports. You are entitled to a free copy of each once every 12 months, so you should check it yearly and make sure it is accurate. If you have any questions on this subject, please feel free to contact me.

The Law Office of Steven J. Richardson serves New Jersey, including: Gloucester, Camden, Burlington, Salem, Cumberland and Atlantic Counties and surrounding New Jersey communities, including Woodbury, Colonial Manor, North Woodbury, Woodbury Heights, Deptford, Thorofare, Gloucester City, Washington Township, Blackwood, Brooklawn, Westville and Pitman.

Richardson Law Offices
40 Newton Avenue
Woodbury, NJ 08096
Phone: (856) 686-9910
Fax: (856) 686-9911