Whether or not tradelines are a good idea is probably the first and most important question you should ask yourself. The answer of course really depends on a few things. We are happy to use our 13 years of experience to answer you.

Are tradelines a good idea in terms of effectiveness?

There’s no question that adding tradelines will have a positive impact on your credit score, provided the tradelines are in good standing. Despite this, tradelines may not help depending on where your credit starts and what your goal is. Given that we don’t know anything about your specific situation without talking to you first, it’s very hard to answer.

However, we have a good way to do it; We can give you a high-risk, medium-risk, low-risk answer.

Low risk: If you need 25 points or less, tradelines are a good idea.

Medium risk: If you need around 50 points, tradelines might be a good idea.

High risk: If you need 75 points or more, it could work, but it is less guaranteed.

If you want more detail with more accuracy, there are really two ways to go about it. First, you can read our study with over a thousand participants that shows the before and after results given different scenarios. Second, you can contact us and we can do a credit report analysis for you to determine whether or not tradelines are going to work given your specific circumstances and goals.

Are tradelines a good idea in terms of scams and ripoffs?

It’s a valid question to determine whether or not you’re working with a legitimate company. This is true of every single industry in the country. And it’s true of the trade line industry. We recently wrote an interesting blog article about the best tradeline companies. We encourage you to read it. We also wrote an article on tips on how to select the best tradeline company. We also encourage you to read that.

Some of the key points you should consider are how long a company has been in business, whether they answer your questions and sound like experts, and whether they seem to be interested in solving your problem versus taking your money. You can easily unmask all of those considerations.

Are tradelines a good idea in terms of regulations and laws?

To date, we know of no consumers getting in trouble for buying and using trade lines. However, there’s more to the story. Some consumers have engaged in illicit and illegal activity such as buying secondary Social Security numbers from prisoners and children and slapping tradelines on it. This practice is highly illegal and it’s called synthetic identity fraud.

If you’re simply looking to increase your credit score by buying tradelines, so far, this practice has not been made illegal. On the contrary. There’s some significant legal backing for the practice.