Disclaimer: All loans are subject to credit and underwriting approval. Loans Canada is a lead referral company, not a lender. Loans Canada only works with financial service providers that adhere to Canadian laws and regulations. Loans range from $500-$35,000 with terms from 4 months to 60 Months or longer. APRs range from 2.99% to 46.96% and will depend on our partner's assessment of your credit profile. For example, on a $500 loan paid monthly over 9 months, a person will pay $81.15 per month for a total of $730.35 over the course of the entire loan period. This amount includes our partner's optional loan protection policy. In the event of a missed payment an insufficient funds fee of around 45$ may be charged (dependent on the lender). In the case of a default on your loan your payment plan will be terminated and different collection methods will be employed to collect your remaining balance. Outstanding debts will be pursued to the full extent of the law. Our lenders employ fair collection practices.
Adding quality tradelines to your credit report will increase your score, no matter what. However, you should select them wisely. The wrong tradelines will have a minimal impact. The correct tradelines will have a maximum impact. Also, if you have a substantial amount of negative items, the credit score impact is limited. In those cases, you should consider some form of credit repair or debt settlement prior to adding tradelines.

If you're close to maxing out your cards, removing the debt should increase your score after the low or zero balances show up on your credit reports—likely in the following month or so. Don't have enough cash lying around to make a big payment? Another strategy is to transfer the debt to an installment loan—say, a personal loan—or a home-equity line of credit. Such debts don't factor into utilization ratios. Plus, the presence of the loan or HELOC on your credit report could improve your mix of credit, which accounts for 10% of a FICO score. 

Rapid rescoring is a practice commonly used by mortgage originators to help improve credit scores. Rapid rescoring is a two-step process that first involves correcting and updating information, and that information is then sent to the credit bureaus. When the rapid rescore is done, this information is added to the consumer’s credit file within days to update and improve their credit scores quickly.


Otherwise, the advice you have given is great and works well for a quick boost but having the ability to remove lines of information from your credit history is even better because once it is gone, it can no longer affect your score. BTW - don't take my word or anyone elses for that matter, educate yourself! You can find either of the sources I mentioned just by Googling either of them if you want and I promise you, the more information you have, the better!

For more information about how USTradelines.com may help you achieve your goal of buying a house if you have no credit or little credit please call us at (407) 801-1295 or send an email to [email protected] We have helped many customers in the same position that you are in right now realize their finacial goals and we can do the same for you.
11. Pay your bills twice a month. Using too much of your credit limit at any given moment doesn’t look good. Suppose your limit is $3,000 and a month’s worth of havoc (car repair, doctor bills, plane ticket for kid to get to college) means you’ve charged up $2,900. Sure, you plan to pay in full by the 18th of the month – but until then it looks like you’re maxing out yet another card.
Opening several credit accounts in a short amount of time can appear risky to lenders and negatively impact your credit score. Before you take out a loan or open a new credit card account, consider the effects it could have on your credit scores. Know too, that when you're buying a car or looking around for the best mortgage rates, your inquiries may be grouped and counted as only one inquiry for the purpose of adding information to your credit report. In many commonly-used scoring models, recent inquiries have greater effect than older inquiries, and they only appear on your credit report or a maximum of 25 months.
hi I read over the mock agreement and it seems to detailed as if you guys will be privy to all my personal information I am not allowed to have alerts or security features on my credit or the services will be deemed complete so this leaves me wondering why do you need all my personal info in such detail if I’m only purchasing tradelines? excuse me but this sounds very suspect…..
Advertiser Disclosure: The credit card offers that appear on this site are from third party companies ("our partners") from which Experian Consumer Services receives compensation, however, the compensation does not impact how or where the products appear on this site. The offers on the site do not represent all available financial services, companies, or products.
Recent collection accounts can take up to 100 points off a credit score. Consider offering a payment in exchange for a deletion for certain collection accounts. Paid collection entries do not increase credit scores. Once you get a collection entry on your report it goes into the negative category on credit reports. A paid collection remains under the negative category.
If you pay a charge-off in full, your credit report will be updated to show the account balance is $0 and the account is paid. The charge-off status will continue to be reported for seven years from the date of charge off. Another option is to settle charge-offs for less than the original balance if the creditor agrees to accept a settlement and cancel the rest of the debt.
If you plan to get a mortgage, car loan or personal loan anytime in the future, it's essential to have a good credit score. Lenders use credit scores to decide whether to give you credit and the terms of that credit. Generally, a higher credit score will give you lower interest rates and more lending options. There are two major credit reporting bureaus in Canada: Equifax and TransUnion. If you have ever used credit, you will have a file with at least one of these agencies.
Plus, the length of your credit history makes up 15% of your FICO score. As the average age of your credit accounts lengthens, your score benefits. "You won't max out in that category until you've had credit for decades," says Ulzheimer, who didn't see his own score hit 850 with regularity until he'd had credit accounts for about 25 years. According to FICO, consumers with scores of 800 or higher have an average account age of 11 years, and their oldest account was opened 25 years ago.

Kenneth, Thanks for reaching out to us! I always recommend addressing negative content before engaging in tradeline services. That being said, the specifics of the negative content on the reports can make things murky (i.e. collections that are reporting as paid, charge off accounts reporting as settled, etc.). Check out the post on our forum for some insight: https://superiortradelines.com/forum/credit-repair-before-tradelines/ (especially before purchasing tradelines for sale). Give me a call at 407-476-1357 to discuss further, or email me at [email protected] so that we can figure out what would be the best approach for you and your credit goals.
The Credit Repair Organizations Act, or CROA, makes it illegal for credit repair companies to lie about their services and results, and sets some additional rules. If you think you might be the victim of a credit repair scam, or if you’ve had other issues with a credit repair company, you can submit a complaint to the Consumer Financial Protection Bureau.
For more information about how USTradelines.com may help you achieve your goal of buying a house if you have no credit or little credit please call us at (407) 801-1295 or send an email to [email protected] We have helped many customers in the same position that you are in right now realize their finacial goals and we can do the same for you.
Advertiser Disclosure: The offers that appear on RebuildCreditScores.com’s website are from companies from which RebuildCreditScores.com receives compensation. This compensation may influence the selection, appearance, and order of appearance of the offers listed on the website. However, this compensation also facilitates the provision by RebuildCreditScores.com of certain services to you at no charge. The website does not include all financial services companies or all of their available product and service offerings.
Brittney Mayer is a credit strategist and contributing editor for BadCredit.org, where she uses her extensive research background to write comprehensive consumer guides aimed at helping readers make educated financial decisions on the path to building better credit. Leveraging her vast knowledge of the financial industry, Brittney’s work can be found on a variety of websites, including the National Foundation for Credit Counseling, US News & World Report, NBC News,TheSimpleDollar.com, CreditRepair.com, Lexington Law, CardRates.com, and CreditCards.com, among others. 

While the best credit repair company is the one you feel comfortable using, there are a lot of factors to consider when comparing. While things like fees and features may be more obvious, don’t forget to check the company’s status with the BBB and industry associations; if the company has a bad reputation among other companies, you should take the warning. 

Enoch Omololu is a personal finance enthusiast and a veterinarian. He has a master's degree in Finance and Investment Management from the University of Aberdeen Business School and has a passion for helping others win with their finances. His writing has been featured or quoted in The Globe and Mail, Toronto Star, MSN Money, Financial Post, The Motley Fool and many other personal finance publications. Read more...
On the other hand, many people undergo the credit repair process in the hopes of improving a poor credit score. In this respect, credit repair may only sometimes work. Successfully removing an item from your credit report can only improve your credit score if the removed item is hurting your credit score in the first place. There is no guarantee that credit repair will impact your credit score at all, as many variables are taken into account when calculating your score.
I to am rebuilding my credit for the past 2-1/2 yrs and to get it past 750 and most recently got added as an authorized user on my moms' credit card (more for using the card in an emrgency on her behalf than rebuilding my credit) and would like to get a possible clarification- If my mom misses a payment or maxes out her credit limit on her card that im a authorized user on, will it impact my score (currently 730)?
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