Buy Better Credit [VERIFIED ⟶]

The company finds a cardholder with perfect credit. You are added as an authorized user to one of their accounts. You do not get a physical card or access to the money; you are simply "borrowing" their history.

You pay a company (a "tradeline provider") a fee, often ranging from $300 to over $1,000 , depending on the age and limit of the account. buy better credit

The boost is usually temporary. You are typically removed from the account after 30 to 60 days . 2. The Risks and Ethical Concerns The company finds a cardholder with perfect credit

If a mortgage lender discovers you "bought" tradelines, they may consider it bank fraud or simply deny your loan because your "true" credit profile is unknown. 3. Better Alternatives to "Buying" Credit You pay a company (a "tradeline provider") a

This accounts for 35% of your score. One late payment can drop your score by over 60 points.

Financial experts at The Balance Money note that while it is technically legal, it is often viewed as misleading to lenders because you are presenting someone else's financial habits as your own.

You can get a free credit report from AnnualCreditReport.com to dispute any mistakes.