When it comes to credit, you have two main types: Secured and Unsecured. When it comes to the risks that these pose for both lenders and consumers, the two are very different. Come with us as we explore the differences between secured credit and unsecured credit so that you can have a better understanding.   What Is Secured Credit? Secured credit is any form of credit that uses a physical asset as collateral. In this sense, if a consumer ends up defaulting on a loan that is secured, the lender can recoup the loss by taking the consumer’s asset that…

While monitoring your credit score won’t improve your credit score, it can provide you with the support that you need to get your credit score to the next level. Prior to getting started, it is very important that you understand the difference between your credit score and your credit history. Your credit score is an algorithm that gives you a three-digit number based on a mix of credit information while credit history is aggregate data regarding your borrowing.   Monitoring Your Credit Score Can Motivate You No matter what your credit score looks like right now, you might consider signing…

In the digital age, account hacking and identity theft are prevalent. If you aren’t monitoring your credit score already, you’re taking a risk. There are many people and institutions, such as banks, lenders, credit card companies, and employers, who will make credit inquiries on someone to find out about their creditworthiness. It is important to note that there are some credit inquiries that will hurt your credit score, while there are some that won’t have any effect. The question is, How do you know which kinds of inquiries will hurt your score and which ones won’t affect it? Let’s dive…

There’s a story about a holy man in India. He is cornered on a cliff by a pack of tigers. He falls but catches a branch. Below him is a huge drop and sharp trees. Above him are the tigers. And right in front of him, he sees this perfect, red, ripe strawberry. And that’s the end of the story. Does that bother you? It usually bothers people. That’s the point. We want to know what happens next! But does it matter? Not really. And that is, ultimately, the real point. The only things that really matter are the things…

It’s 2019, and everyone wants everything instantly now. Why that is can likely be endlessly debated among data scientists and marketers and statisticians. If you can’t have something right now, well then why would you want it? You can order something on Amazon and have it delivered the same day sometimes, and at the latest, if you are a Prime member (and who isn’t) it’s two days. The average attention span in 2000 was 12 seconds. In 2018, it was 8 seconds. That is a drastic decrease. Chimps pay attention on average for 20 seconds, which is less than rats.…

What does it mean to think realistically these days? It’s probably a good idea to start out with what exactly you are trying to be realistic about. You have goals in life. Yes? Yes. Some of these goals are financial. That’s why you are reading a blog about tradelines and what they can do for you. But that’s just a guess on our part. You probably have all kinds of questions, so, like we do with the folks who call us, we’d like to start with the beginning, and the beginning is always a simple question. “What do you want to accomplish…

We had a call recently with someone who wanted to sell tradelines, but had never before worked with them, so it was enlightening to us to have the conversation, where we explained in great detail, what it means to purchase au tradelines. Most companies that are worthy of your business will have a website, and they will have a link where you can see the tradelines in their inventory. Today, we would like to break down each category in turn for our authorized user tradelines. Our company is a common template, so you can apply what we write to pretty much all other tradelines…

“How does this work?” This is the most common question we get at Boost Credit 101. If you aren’t familiar with how tradelines work, then this is the article for you. First off, a “tradeline” is anything that shows on your credit reports. Any account that reports the bureaus is a tradeline. That could mean mortgage, auto loan, student loan, credit cards (or any loan at all). People forget that a credit card is just a potential loan the bank grants you. And your ability to manage that loan is where a majority (up to 60%) of what makes up…

First! What do AU Tradelines Do For Your Credit? Lucky for you, if you mishandle a tradeline, you won’t saw off your foot or end up otherwise grievously wounded like you would with an improperly handled chainsaw. But, you could end up spending money on something you don’t get full value from. When you purchase credit tradelines for sale, what you are doing is adding positive data to your reports with a desire that it will boost your credit. If you understand how credit works, there are six main categories that comprise your credit scores. Those are: Payment History, Revolving…

PART 1 When it comes down to it, you have a lot of choices with tradelines. There are many different lenders to choose from, all big banks with cards that we’ve found to have consistent posting ratios. But is there a difference if you select a Bank of America vs Citi? What is the difference between getting a line to boost credit if it’s USAA vs US Bank? Is there a difference at all? Well, kind of. Here we will break down the difference between some of the different lenders and why we format them the way we do. KNOWING THE DIFFERENCES…