The Saving Advice Forums - A classic personal finance community.

Trade Line Accounts vs Credit Report

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Trade Line Accounts vs Credit Report

    Is it legal to add "Trade Line Accounts" or aged Credit Accounts to your Credit Report in order to raise your FICO score and if not way are there companies advertising to add Trade Lines to your credit report will rase your FICO score 200 points in 30-45 days. Most of the companies advertising this service charge between $1,000.00 to $1,350.00 per Trade Line. However, I would like to know why is this service so expensive and can I add my own Trade Line Accounts to my credit report.

    1. What is the secret? DBA
    2. Does Dun And Brad Street charge a fee?
    3. Is this legal and do the accounts remain on your Credit Report?
    4. FRAUD?

    Good day and thanks for your responses

  • #2
    Re: Trade Line Accounts vs Credit Report

    Are you referring to piggy back riding other peoples credit to build your credit score? I think many people are doing this if they need an outlet to increase their FICO score. Watch out for the ones that are scams.

    Comment

    Working...
    X