How to Buy Tradelines SafelyOctober 25, 2022
Is Buying Tradelines Legal?October 26, 2022
With several years in the business, Personal Tradelines has become one of the most reputable tradeline provider names in the industry. We’re glad you ended up here, as we want to give you all of the necessary information for purchasing tradelines for sale.
Remember, any company that you decide to purchase tradelines from should be carefully screened. Their online reputation should prove their reliability and legitimacy as a quality tradeline supplier.
As with most things in life (especially anything related to financials), if it sounds too good to be true, it probably is. When purchasing tradelines, here are a few things to look at.
Does the Company Have a Contract?
If a company takes your money without having you sign a contract, then they aren’t a serious business. Even in the financial wild west, there are certain legalities you must navigate. The last thing you want is for a company to take your money and leave you in the dust.
Does the Company Verify Your Identity?
Any company that is selling authorized user tradelines should verify your identity before you make a purchase. If they don’t, they are likely in business with scammers.
Does the Company Give You Information About What You’re Purchasing?
When you add tradelines to your account, you get a certain number of points added to your credit report or credit score. However, if a company tells you exactly how many points will be added to your credit report when you purchase your tradelines, you know they are frauds.
No one over at FICO could ever be able to tell you how certain data will truly affect credit scores. Plus, FICO does not have public algorithms, so there is certainly no way someone at a tradeline selling company would be able to tell you either.
With that said, tradelines can provide incredible results, though they are very similar to the stock market in a way, as you are making an investment on future returns. Talk to any seasons stock market investor, and they’ll tell you:
”Past results are no guarantee of future returns.”
Tradelines are tools thatcan help you optimize your account age, utilization, and payment history, so that you have a better chance of achieving your future financial goals. However, it’s equally important that you have a clear-cut idea of what you’re purchasing.
Ask your chosen tradeline company a few questions:
● How much do the tradelines cost?
● How long will the tradelines stay on?
● What kind of utilization do they have?
Use Tradelines to Plan For a Bright Financial Future
Even if you have good credit, getting tradelines can be extremely beneficial. On the other hand, if you’re someone who has a low credit score, a tradeline can get you back into a place where you climb out of high-interest rate purgatory and acquire loans from lenders.
Here at Personal Tradelines, we help all kinds of people increase their credit scores with the use of authorized user tradelines. If you’re interested in learning more about how tradelines can help you, make sure to drop us a line.