When it comes to building your credit, there are many different routes you can take. Of course, authorized user tradelines aren’t going to be the only things that help you reach your credit goals and you can’t rely on piggybacking alone. Sometimes you need to consider credit repair when trying to boost your credit score.
Of course, how can you know which of these routes you should take? What do these particular roles play when it comes to raising your credit scores?
Luckily, we have an easy way for you to understand the difference between tradelines and credit repair. Credit repair is there to remove any inaccurate or negative information that is present on your credit report. Tradelines, on the other hand, are there to add positive credit history to your credit file.
Depending on your situation, you might choose to go with credit repair, tradelines, or a combination of both.
When Credit Repair Is Crucial
If you’re dealing with derogatory items on your credit report, then you would want to start with credit repair. Derogatory marks can weigh down pretty heavily on your credit score If you decide to add tradelines to an account with derogatory marks, you might not get the same positive credit building that you were hoping for.
That negative information plays a very significant role when credit bureaus are coming up with your score.
If this sounds like your situation, we highly recommend starting out with some DIY credit repair prior to buying authorized user tradelines. You might also consider hiring a reputable credit repair service prior to investing in tradelines.
When Buying Tradelines Is The Right Move
On the other hand, buying tradelines to sprinkle positive information on your credit report is never a bad idea either. Once you are done with the process of getting rid of the negative information from your report, you might not have any credit history left on your report.
In this case, looking for authorized user tradelines with positive credit history can be extremely beneficial for you.
In essence, your focus should not be on solely repairing your credit, but also building it up to the point where you want it using positive tradeline accounts. When paired together, tradelines and credit repair can be extremely effective. Before diving in headfirst, make sure to consider what makes the most sense for your particular credit.
Buying Tradelines The Right Way With Personal Tradelines
Once your credit is in good standing with all negative accounts gone, then it will be time to start looking for the right tradelines for your needs.
If you are looking for older, high-quality tradelines to potentially help boost your credit score, Personal Tradelines can help. To get an assessment on the tradelines that can best help you, make sure to get in contact with us here at Personal Tradelines. We look forward to helping you reach your financial goals as a creditworthy consumer.