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When it comes to the world of tradelines, there are two main factors that we like to tell people to focus on when it comes to buying. Those two factors include the   Age of the tradeline The limit of the tradeline   It is very important to examine these factors closely to see if purchasing a specific tradeline makes sense in your situation. Today, we want to dig into whether or not high-limit tradelines can play a role in lowering a person’s overall utilization ratio.   How Does It Work?   [caption id="attachment_2259" align="aligncenter" width="640"] Maximizing utilization ratio with…

The magic word in that question is “expect.” When it comes to getting your credit into better shape, what expectations do you have? For a lot of folks, it’s hard to say, because credit is a nebulous, nasty business run by shady corporations who take our data without our consent and basically create a financial report card for lending institutions to pay for. The banks pay through...the...nose to the three credit bureaus: Experian, TransUnion, and Equifax. Experian alone reported revenue in 2018 of 4.6 billion dollars. WHAT!?   Not to be cliche, but that’s billion, with a “b.” When was…