This is one of the questions that we get asked the most.

Can our tradelines help boost your credit?

Most of the time, the answer is yes.

Of course, you need to have an account that is in good standing before even thinking about purchasing tradelines. This means that you must get rid of any debt, late account, etc.

One of the best things that you can do is seek out all of the necessary information on tradelines to understand just what it is that they do, as well as what they can do for your specific situation.

Remember, everyone is in a different situation, meaning a tradeline will not work the same for you as it did the guy before. Let’s start off by making sure you understand what a tradeline is.

What Is a Tradeline?

Any line that is on your credit report is a tradeline. If it is being reported to the bureau, you can consider it a tradeline.

Can Tradelines Boost My Credit
Can Tradelines Boost My Credit

Any debt that you are paying off, from credit cards to student loans to auto loans to personal loans, are all tradelines. The tradelines that you see for sale are often authorized user tradelines, meaning they are credit card tradelines.

Can Tradelines Improve My Credit Score?

If you don’t already monitor your credit, now is the time to start.

Many people choose to ignore their credit, as it can be quite scary. This is especially true for those who have had credit problems in the past.

It is important to note that your credit is comprised of six main categories:

● Payment History
● Credit Card Utilization
● Credit Age
● Total Account
● Inquiries
● Derogatory Marks

The first four items can help to boost your score while the last two items can hurt.

While purchasing tradelines can potentially help to boost your credit score, as it does with many people, you have to consider the standing of your accounts already.

Do you have missed payments or overutilization?

If so, these are things that you will want to work off before purchasing tradelines.

Finding the Best Tradelines

Most beginners will seek out tradelines with massive limits. Unfortunately, you don’t need huge limits most of the time. In fact, it can hurt if you’re not careful.

What is important is that you find the best tradelines for your particular situation.

Let’s say that you have a few accounts open and about three years of credit experience under your belt. In this case, you are going to want to find tradelines that add a fair amount of history to your average.

There are many different ways to go about exploring tradelines, and here at Boost Credit 101, we’re all about helping our clients and customers to make sure they find the right tradelines for their particular situations.

If you are ready to begin your journey to great credit, then make sure to get in contact with us here at Boost Credit 101 so we can help. We look forward to working with you!