How Can Tradelines Be Purchased Hassle-Free?
If your purpose is buying tradelines then there are a few things which you must know. While buying tradelines is a very powerful tool, make sure that you know everything about it before making your purchase. For beginners who don’t know what tradelines are; tradelines are accounts that are present in your credit report. If you have accounts that have high credit score, you will also get a good credit score. This also works oppositely, i.e. if you have bad accounts in the credit report, the generated credit report will be bad as well. One should know that buying tradelines helps in increasing the credit scores. So, the question arises, how are you going to buy tradelines?
To get accounts, you are supposed to apply for credit as well as be approved for the credit. You can understand it as – applying for a credit card and being approved for it. Once this credit card begins to show on the credit report, that will be a tradeline. Now, if you pay regularly, on time, your credit score will automatically increase and vice-versa.
Now, that is surely a lengthy procedure and it is going to take time – which most of us don’t have. But here is a shortcut for it. You can be added as an authorized user to accounts that have better credit scores. This can be someone from your family or a complete stranger. In addition to this, you can also pay someone to be added as an authorized account. That is what is commonly called as tradelines for sale. All this is good until you experience some loopholes that are present in this system. This process, normally known as piggybacking is not always easy as you are not going to find someone easily who will add you as an authorized user. What can be done in such a case?
This is why there are companies who have commercialized tradeline purchase. This is the easiest way of getting tradelines. With a company offering tradelines for sale, it gets convenient for people. Have a look at what all steps are involved in buying tradelines from a company:
- Research and find a company that offers tradelines. Make sure to check if the company offers to review your credit goals and reports
- The company will them make an informed recommendation which will help you
- Get a written agreement (for lawful purposes)
- The company will then hold your fund in a trust
The legitimate costs and prices for tradelines are available on the internet and so are the companies that offer tradeline purchase. It is up to you to decide from where you decide to buy your tradelines.