Do you have bad credit or no credit? Do you have decent credit, but want to amplify your credit score? You’ve likely heard all the traditional advice for improving your credit score: secure lines of credit, make your payments and don’t fall into poor standing. This conventional advice isn’t always the best, especially for those who wish to repair and rebuild their credit quickly. Fortunately, tradelines for sale exist as a valuable tool that anyone can use to build, repair and enhance their credit rating. What Exactly is a Tradeline? A tradeline is a line of credit that has been held in good…

Your credit utilization rate can have a dramatic effect on your credit score. When your utilization rate is too high, your score is likely to suffer. In fact, FICO reports that your credit utilization rate accounts for approximately 30 percent of your credit score. Fortunately, there are steps you can take to lower your utilization rate. Credit Utilization Rate Basics The term "credit utilization rate" refers to the ratio of your outstanding balances to your available credit. For example, if your outstanding balances total $3,000 and your available credit is $6,000, your total credit utilization rate would be 50 percent.…

There are many ways to improve credit score, but sometimes you need to think outside of the box. While some of these methods may not gain FICO's nod of approval, they can help repair your credit score and get you in good standing for future purchases. Make Multiple Payments Throughout the Month Rather than pay your monthly balance all at once, you can pay in installments every week or so. How does it work? If you pay expenses with your credit card and pay off the balance at the end of each week, you minimize the amount of credit used…

Credit score is one of the biggest factors in securing a loan of any kind at a competitive interest rate. Anyone looking to raise credit score fast should first be aware of what goes into a credit score. At this time there are five major components, with two being weighted far more than the others: 1. Your Payment History – 35%  Paying on time consistently is often the deciding factor between an exceptional credit score or just an average one. Of all the tips to improve credit score, managing your payment history can have the most impact over time. While…

"How to raise my credit score?" Just about everyone is looking for answers to this question. If you've looked into it before, you probably already know the expected ways to boost your credit score, such as paying more than the minimum and keeping debt below 30% of your credit limit. However, you might not have heard of some of these lesser-known ways of increasing your credit score; use these five tips to improve credit score fast: 1. Pay Largest Debts with Highest Interest Rates First The more of your available credit is being used on a credit card, the worse…

When you incur more debt that you can't afford to pay, bankruptcy is sometimes the only option. However, although bankruptcy can help you get out of debt, it won't help your credit score. In fact, bankruptcy can drop your score by 150 points or even more. After you have filed for bankruptcy, you will need to raise your credit score before you will be able to qualify for credit cards, mortgages, car loans and other types of credit. If you are wondering how to increase your credit score after bankruptcy, follow the tips below. 1. Make sure your credit report…

Most people are familiar with common methods of raising credit scores, such as paying down debts and avoiding missed payments. However, when you want to raise your credit score fast, these methods alone won't do the job. Below are some creative strategies you can use to boost your credit score as quickly as possible. WHAT ARE SEASONED TRADELINES? 1. Dispute entries on your credit report. Under the Fair Credit Reporting Act, you have the right to dispute entries on your credit report that you believe are inaccurate or incomplete. In most cases, the credit reporting bureaus must investigate any disputes…

  What would you think if you found out that regardless of a squeaky clean driving record, a bad credit score could cause you to pay more for car insurance each year? It might sound crazy, but it's true. Insurance providers quote you a price based upon your level of risk, but that risk isn't necessarily limited to your driving safety. While insurance companies often advertise affordable rates and great discounts, the findings in the underwriting process could mean a much more expensive outcome for many unsuspecting motorists. Keep reading to find out more about how bad credit could be costing…

FICO, the major credit scoring company in the US, recently made changes to the way they calculate credit scores. These changes might improve some people's credit scores, making it easier to obtain loans and lines of credit, an especially good thing for Americans still feeling the impact of the economic decline. Your FICO score is important because it comprises much of the credit report that lenders see when they evaluate you for a loan application. Generally, your score will fall between 300 and 850—the higher the number the better. Could the recent changes improve your credit? Read on to find…

A business credit card can be an absolutely invaluable asset to a company's operation. However, attaining a line of credit for your company is very different than applying for a personal credit card. Keep reading to find out what a business needs to qualify for a line of credit, and why your business should consider getting one. CAN ADDING TRADELINES OF CREDIT REALLY HELP ME AS MUCH AS I NEED? How Does My Business Get a Line of Credit? As far as your business goes, there are several things necessary in order to get a line of credit in your…