If you have some basic knowledge, credit repair is quite an easy thing to do. If you currently have bad credit or experienced having bad credit in the past, you are well aware that letter writing is important in these situations. You will need to polish your record keeping skills as this is vital in fending off creditors and collection agencies that cross the line when collecting debt due to their poor record keeping, this might turn into your favor as they will be paying you in the end. This leaves them wide open for the possibility of lawsuits. If they get a lot of these things it will surely halt them from harassing people. This theoretically sounds good, but just like everybody else, they are just sales people doing their jobs. You might be wondering that your credit score still isn’t as good as it can despite the fact that you have already gotten rid of all the negative items off of your credit report. This is because you haven’t finished the process and is still at the halfway mark. You will need to have no negative items on your reports and you will also need to open accounts that are of good standing.
Tradelines are credit cards where you are enlisted as an approved user on somebody else’s account. This is what a lot of parents do for their kids. The way this works is that you add somebody as an authorized user on your account. The authorized person does not need to have a card to be able to access your account. As soon as an individual is enlisted, the good credit history goes way back to the moment the account was created. Don’t be too complacent though, this is a legal loophole that allows you to quickly boost your credit score. But if I were somebody looking for a good and surefire way of boasting my credit score, I would most definitely get myself some tradelines.
Seasoned tradelines are pretty much common these days, companies are actually willing to pay individuals to let them use their seasoned tradelines. Go You will find yourself with a handful of interesting search results just by searching seasoned tradelines on your favorite search engine. You will be able to easily buy tradelines from companies such as Superior Tradelines.
By acquiring a number of credit cards, you can increase the amount of your tradelines. Your credit score will considerably be enhanced if you keep up with all your dues and pay them on time every month. Delaying your repayments on the other hand will most likely leave a bad not on the lenders’ side.
You can read more about tradelines here.