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  How to Utilize Tradelines in case of Emergency Even if you don’t work for the government, you may still feel the effects of the shutdown either now, soon, or in the future. At the moment only 57% of the IRS workforce is up and running, with more and more calling in sick in protest, and according to the Washington Post, hundreds of employees have been granted absences due to financial hardship. This all gets translated to: your tax refund may be delayed, by a lot. So what? You still aren’t that affected, but that’s now. With much more time…

  You've Got the Credit, So Should You Use It? At our Boost Credit 101 offices the other day, we had a young worker who had a friend come into town. This friend wanted to go someplace fancy to eat and suggested one of the more expensive eateries in Denver on Larimer Square, a single block downtown with the most expensive shops and restaurants; it’s so fancy, large strings of lights adorn the space between the buildings, year round, down the block to remind everyone how fancy the area really is. It’s so fancy, that if we had one of…

  In an episode of South Park titled “T.M.I.” the TMI equation equals the average penis size in America, and with the size so listed, a lot of men are angry and, thus, hilarity ensues, until the Surgeon General rearranges the TMI equation, making lower numbers above average, placating all the angry men and things go back to normal. And what does this have to do with FICO scores? Well, here are the main ones: Equifax (BEACON), TransUnion (FICO Risk, Classic), TU also has the Vantage Score model, which is what Credit Karma uses; and Experian, which is the most…

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…

  Any time you have something new show up on your credit report, you will get a notification by whatever credit reporting service you use (Credit Karma, Credit Check Total, etc) that you have something reporting new data on your reports, so asking what is an updated tradeline has a simple answer. All that means is that you have a new revolving or installment account reporting the lender, date of opening (which tracks the account age), limit, current payment date, and payment history. If you keep these things in the green, as in don’t miss payments (and don’t overutilize if…

What are Seasoned Tradelines? Looking to buy tradelines click here. Are all tradelines considered equal before Lord FICO of the Fair Isaac Corporation? The answer might surprise you, or perhaps not. All tradelines are not considered equal. Perhaps you’ve heard this term “seasoned tradelines” thrown around. What does this mean? Is it as simple as taking your credit cards and sprinkling nutmeg or pepper on them? No, it’s not literal. More like if you’re talking about someone who has done a job for a while, you might hear them referred to as a “seasoned veteran” of whatever it is they…

  The answer to this question depends on what kind of work you’ve done to prepare your credit. Like a lot of things that are used ineffectively, or not paying attention to details, you may not get the maximum benefits. If your New Year’s resolution, or any time you decide to make a change to your physical health, is to get in better shape, and you decide you’re going to the gym at least 3x/week to start, that’s a great goal, but if you’re going to the gym and then saying, “Well I went to the gym and now I…

  This is the question we get asked the most at Boost Credit 101. How much does it cost? We will tell you, but like a lot of things that have ranges, there isn’t pinpoint answer we can give on this without knowing someone’s specific needs and situation. In a lot of ways, credit is something that makes your life go, and if buying a car, it is exactly the thing that makes your life go from one place to another. Let’s stay on that car reference. When your car breaks down, and you’re stranded on the side of the…

  Getting tradelines for a company is not, always, the same procedure as getting tradelines for your SSN. In order to buy tradelines for your company, it’s important to first know what kind of business you are starting. Are you a sole proprietor, or a sole prop LLC? In that case you will use your personal SSN and can put any tradeline on you like. So in that case figuring out how to establish trade lines is quite easy, just follow the normal procedure of adding a piggy back tradeline to your credit and then getting approved for a business…

In a change of pace, we’ll be covering the other side of the coin in this blog. Usually we talk about what buying tradelines can do for you from the purchaser perspective. But...what if you’ve heard people whispering in quiet circles about the benefits of tradelines? Maybe you’ve caught just the word briefly in the air and wondered...hey now, I’ve got perfect credit, how can I get IN on this amazing thing? Here’s the deal, if you’ve got great credit, you’ve likely built it up over a period of years. If you’re in the habit of paying things on time,…