If you’re looking to purchase tradelines, one of the first things you’ll probably want to consider is how much you’re paying for them.

Typically, tradelines cost anywhere between $250 and $1,500. However, there are some tradeline companies that you’ll find selling them for higher. There are many factors that determine the cost of a tradeline, including the credit limit, age of the account, and how long it remains on your reports.

Let’s dive in and explore why tradelines might be worth the investment.

Why Should I Buy Tradelines?

Tradelines, put simply, are credit accounts that are listed on your report. Whenever you take out a loan, whether it’s a student loan, auto loan, personal loan, or mortgage, it shows up as a primary tradeline on your credit report.

The primary tradeline will give credit bureaus several indicators, including the payment history on the loan, the date the loan was taken out, and more.

When you buy authorized user tradelines, you become an authorized user on someone’s credit account that is in good standing. Essentially, you get to take advantage of all the years of hard work that a person did to deserve that good credit.

On average, a good tradeline can increase a score by anywhere from 15 to 45 points on average. However, we’ve seen tradelines boost scores by over 100, though it’s not typical.

Unfortunately, there are no hard and fast rules on how well a tradeline will impact your credit score, as it depends on your existing reports. It’s very important to have good credit habits, such as paying off your loans on time and in full.

Are Tradelines Legal?

We get this question quite a bit. While there are certainly financial institutions that don’t support tradeline purchasing, it is a totally legal and reputable way to potentially boost your credit. The important thing is finding a good company to work with that can give you legal tradelines.

You can often find out more about tradeline sellers by looking at online reviews and testimonials from past customers.

Finding Authorized User Tradelines from a Reputable Tradeline Company

When it comes down to it, if you’re looking to build your credit, whether from decent credit to good credit or from no credit at all to good credit, tradelines can be the answer!

The amount you spend on tradelines will certainly depend on your needs, so make sure to speak with a tradeline representative to learn more about the right tradelines for you.

There are several ways to explore the world of tradelines, and here at Personal Tradelines, we love helping our customers and clients make the right decisions when buying 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 Personal Tradelines so we can help. We look forward to working with you!