This is an expedited form of credit repair that attacks the negative items and weaknesses on your credit report. It’s 1000% legal because the power of the Fair Credit Reporting Act is used to your benefit to challenge the inconsistent, inaccurate, and false reporting taking place with the banks and credit bureaus. keep reading
There’s a term in credit enhancement called “tradelines.”
Tradelines are an account on your credit report. For example, a credit card, car note, student loans, or a mortgage are all tradelines.
Broad regulations and legal loopholes allow for you to benefit from being an authorized user on another person’s tradeline AKA credit card (otherwise known as credit piggybacking). The issuing bank reports the positive credit history including the age of the account, the limit of the tradeline and the positive payment history to Experian, TransUnion and/or Equifax. The payment history, age, and limit have direct impact on the FICO credit score model which impacts your utilization ratio, average credit age and payment history. FICO® digests this newly added credit and recalculates your score with drastic improvements. keep reading
If your credit score is in the dumps, you have to do something about it! You can’t just kick your feet up and do nothing. Even if you credit score is great, you still have to do certain things to maintain your score so it does not drop. Below are my Top 5 Credit Tips That ACTUALLY WORK.
Credit Tip #1. If you have negative accounts on your credit report, you should get a Credit Sweep. I am not trying to be funny but I would much rather have 5 negative accounts than 25 negative accounts. A Credit Sweep will work through removing those negative accounts on your credit report through reporting errors and inconsistencies. We have a phenomenal Credit Sweep program. I put a couple results below so you can see some of the results our clients are getting. I also post new results DAILY on social media. ::I’m Just Sayin’…::
Tradelines, in general, are lines of credit reporting financial data to your credit report. For example, your credit cards, your auto and home loans, student loans, are all considered tradelines. This is the way that lenders keep track of how responsible you are with the credit tradeline they are giving you access to. It’s a double-edged sword. If you are use your cards responsibly, they are a godsend. If you are irresponsible, tradelines are unforgiving and show no remorse. Tradelines are a great tool to use though they promote lots of questions.
Yes, seasoned tradelines increase your credit score when added properly. What I mean is that any tradeline you are added to, should have perfect payment history, and utilization under 30%. The older the tradeline, and the higher the credit limit, the better. But yes 1000%, seasoned tradelines can increase your credit score. Tradelines give a detailed record of activities carried out by the primary cardholder who has great credit history with that card. That information (plus the credit limit, opened date of the account, payment history), is then imprinted onto your credit report at the end of the statement date which re-calculates your credit score with drastic improvements if done correctly.
Tradelines are among the first solutions that comes to mind when improving your credit score. It’s normal to wonder how exactly tradelines can help to enhance your credit. For starters, you can think of it as a quick injection of positive perfect payment history into your credit report. Here is a quick look at how credit scores can be improved by buying tradelines: keep reading
Tradelines are one of the least understood aspects of credit reports.
It doesn’t seem right that you can merely purchase a tradeline and your credit score goes up, BUT IT DOES… When it’s done right, your score goes WAY UP.
Which ones will help you reach your goal the fastest? Should you get a couple of cheap ones, or one really good one? How many open positive tradelines should you have? Should you get an age-progressional package? keep reading
Next year, your future self is going to thank you for something you did TODAY, for an asset you began to build (YOUR CREDIT SCORE), a smart choice you made, a seed you planted.
Your future does not want you to have a janky credit score. keep reading
I’ve seen credit scores jump 100+ points in less than 10 days, the power of tradelines is *simply amazing.*
Tradelines really are the smartest, fastest way to boost your credit score.
Wholesale Tradelines is the only company to offer a truly unique and powerful custom service called the “Age Progressional Tradeline Package.”
Is buying a home on your bucket list? If so, here are some important things to consider.
According to the Housing Policy Finance Center (HFPC), unless you have a high credit profile, the chance of being rejected is nearly 1 in 3.
The strongest candidates (those with the lowest chance of being denied) have a credit score above 700, a loan-to-value ratio less than 78%, and a debt-to-income ratio less than 30%.
Credit scores are making a comeback! However there is still a pecking order and someone has to be at the bottom of the list.
Below are the 10 states with the WORST credit scores (according to a report released by Experian for 2017 as 2018 is not over yet). keep reading
Enclosed are super important things to remember to ensure that your credit score never drops again. These things are absolute musts if you want to achieve impressive results to rebuild and maintain your good credit status for the rest of your life. Remember that bad credit scores end