How Much Will a Tradeline Boost My Credit Score?
The amount a tradeline can boost your credit score varies based on several factors, including your current credit score, the quality of the tradeline, and your overall credit history. Typically, adding a high-quality tradeline with a long history of on-time payments and low credit utilization can lead to a significant increase in your score. Some […]
What To Know About President Biden’s New Credit Reporting Plan
If you’ve been following the news lately, you likely know that the Biden administration is planning some big financial and tax changes. Here’s an overview of Biden’s proposed alterations to credit reporting and scoring and how these Biden credit scores could potentially affect people. Why Do Credit Scores Matter? Your credit score, whether it’s calculated […]
Can Tradelines Help Buy A House?
Buying a house is a big decision. It is one of the biggest and most important decisions you will ever make in life. But what if you don’t have the cash to pay for the property? Can tradelines help you buy a house? Can you afford to buy a home? Is your credit report in […]
How Many Tradelines Do I Need To Buy?
Tradelines are a hotly debated topic that produces many questions: Should you buy one tradeline with a long history, multiple accounts with a low credit limit each, or none at all? When is the best time of the month to buy tradelines? How do tradelines even work, and how do they affect your credit score? […]
Do Tradelines Still Work In 2021?
It’s 2021, and you want to know if your tradelines are legal. What does this mean? In the United States, a tradeline is a credit account that reflects on your credit report. Tradelines are revolving accounts or installment loans like credit cards. A tradeline will show up on your credit report as “Yes” or “No.” […]
Learning and Remedying Common Credit Report Errors
While you may do all you can to improve your credit score, errors may drag it down and dampen your efforts. Coast Tradelines wants to help educate you on common credit score errors and how to respond to them. A single mistake may persist and harm your score for longer than you realize. Prevalent Credit […]
