You may think that having a bad credit score will not impact your life, but if you plan on renting a house, taking out a mortgage, signing up for a car loan, or even starting a new job, a less than satisfactory credit score can soon show you just how inconvenient it can be.
While it might not seem that easy to improve, it can be. Tradelines might be worth considering, and we’ve included some helpful information below on how to choose the best tradeline company to help with your credit score.
Read Reviews
Rather than signing up with the first company you can find, do your homework to discover the best tradeline companies to suit your unique situation. Read reviews online, look at the pros and cons of particular companies, and take your time.
Often, you can find this information and more on well-established review sites. Tradeline companies can be given a rating out of ten, along with a list of information about why people do and don’t like them.
For example, a company site might be favored for how easy it is to navigate but not preferred for not accepting credit card payments. The more research you do, the more confident you can be in your decision.
Pay Attention to Credit Limits
If you have hopes of making a significant purchase like a car or TV in the near future, the credit limit of your preferred tradeline needs to be at the higher end. Generally, the higher the credit limit, the fewer options you have at your disposal.
Some companies have more offerings than others with credit limits over $15,000, so pay close attention to this factor when you start shopping around for the best tradeline company.
Customer Support Options
It’s only natural to feel stressed about your finances when you’re trying to improve your credit score. A significant purchase, a job, or a home, may depend on a much healthier credit score. However, what may also contribute to your stress levels is poor customer support. When you start looking for a reputable tradeline company, check out their customer support options.
Look at whether they have a phone number, email address, web form, or even a live chat function. Some companies go the extra mile by providing a FAQ section to answer some of your questions.
Experience Level
When you’re trusting a business with your financial history, you want to know that they’re experienced in what they do. Buying and selling tradelines should be something they have several years of experience in, even if they don’t advertise this information.
Take a look around their website, look at their ‘about’ page, and learn about their team. Some sites even share their mission statement and vision statement, so you know what they stand for and what their values are.
If you can’t find any information about their experience levels, don’t be afraid to ask. You deserve to have complete confidence in who you trust to purchase tradelines from.
Tradelines have the potential to turn a poor credit score into a healthy one. However, whether that happens or not may come down to the company you choose. Review each reputable option, look at their support options, and don’t forget to consider credit limits. You may then be able to purchase tradelines with certainty.