What are you goals?
What priorities should you have with your credit? Are you looking for lending? Then credit is likely a high priority, but let’s say you don’t need any credit, then credit is not likely to be high up on your list of things you need to take care of any time soon, but this is exactly when you need to be on top of your credit, because you never know when a great opportunity may present itself. Does this mean you need to get with one of the best tradeline companies and add positive history to your report to help boost the score? Perhaps.
If you prepare yourself for adding positive data by removing negative items, it’s never really a bad idea to add good authorized user tradelines, as those will always help put your credit in a better position. The way we like to look at tradelines is this, if you have a boat on the water, let’s say the boat doesn’t have any engine, well what happens to that boat, nothing, it stays right where it is. Now, let’s put an engine on that boat, now it can go, and perhaps go quite far, but wait, let’s say you have anchors on that boat, more than one, out the sides. In this analogy, the tradeline(s) are the engine, negative marks are the anchors. The engine works, but it works a whole lot better if you take those anchors away.
What kind of tradelines work best?
If you’ve done a little research on tradelines, you’re likely familiar with the difference between primary and secondary (Authorized User tradelines). Now primary is when you look at the reports and it says “Individual” under ownership. That means the debt belongs to you. Primary tradelines are what everyone seems to think are the better tradelines. We’ve even had people call us asking if we have auto tradelines for sale because they were told, or somehow came to believe, that you need to have an auto on your report to get qualified for an auto loan. This is not true. Credit is not exactly like a resume, where the job experience you have listed should be similar to the job you want. As long as you have a good score, you should have no problem getting an approval regardless if you have past credit the type you are trying to get approved for. Having your own credit, as in primary (individual) can be a bit more weighty than secondary ownership (au tradelines), but the problem is that primary tradelines put on your report that don’t belong to you, are illegal. It is fraud if someone takes debt that doesn’t belong to you and puts it on your report. This is why secondary ownership tradelines are so valuable. They can have drastic effects on the credit score–we’ve seen jumps of over one hundred, even one-hundred fifty points from a single added tradeline.
Where can you find tradelines?
There are sites and sites in the nooks and crannies of the internet with tradelines for sale. It seems that this wild west of the credit and lending industry is getting a bit more tame. There was a time when you could find a tradeline from just about anyone in any American city by googling “tradelines for sale craigslist”, which you likely still can find, but that’s like trying to buy tickets to a game off the street. You just never know what you’re going to get, and you likely can’t trust anyone out there. If you’re looking for top rated tradelines for sale then you need to find a company that is reputable, has an online presence that you can check reviews on, a contract, and holds your money in escrow while they do their work of posting tradelines. Unfortunately there are a lot of scammers out there, because there’s a lot of opportunity in promising people huge jumps for small sums and then disappearing. But always remember, if something sounds too good to be true, it likely is. This is why we say to make sure you can get someone on the phone when you call, check the aforementioned criteria, as getting cheap tradelines for sale doesn’t necessarily mean you’re getting the best deal.