That’s a hefty topic. That’s something that I should probably spend a lot of time on, but I wanted to get you an answer quickly. Here’s some tips off the top of my head. I think of more, I’ll come back.
First, if they are making promises that don’t comport with reality, avoid them. This could take a lot of time to explain because there’s many different things. For example, promising that tradelines report within days, Etc. That’s simply not possible. There’s a million things like that, but if it sounds too good to be true, it probably is. Get on the phone with someone and speak to them and you will be able to evaluate whether or not they are full of it.
Second, don’t buy from a checkout button on a website. There’s no difference between this and a doctor putting a checkout button on their website for medicine. If you’re buying tradelines fromr a checkout button, the company providing the tradelines couldn’t care less whether they work for you or not. Only buy from a company that gets on the phone with you and evaluates your credit goals and your credit report to determine whether or not tradelines would work.
Third, don’t buy tradelines from a company who offers cpn’s. This is a dangerous thing for which people are being arrested by Federal authorities.
Fourth, don’t buy $300 tradelines. There’s no way a legitimate company can sell tradelines for $300. It’s either a scam or the company isn’t really a company at all or you’re going to get such insignificant tradelines that they’re going to have an insignificant impact on your credit score.
Fifth, ask about refund policies. Refund policies usually expose whether or not someone is placing funds in an escrow like trust account versus putting the money into their account which you may or may not ever see you again. Refund policies and Trust accounts go hand-in-hand.
Sixth, make sure the company has been in business for at least four years. If they have been in business less than that, they are probably just cloning content from competitor websites and pretending to be a good business. You can easily look up their business records at the state level.
I’ll come back later if I think of more things for you. For now, that should give you a pretty good guide on what to do and what not to do.