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Cost Considerations and Real-World Examples
Investing in tradelines can vary in cost, typically ranging from a few hundred to several thousand dollars, depending on the account type and credit limit. It's essential to weigh these costs against the potential benefits, such as improved credit scores and access to better financing terms. For example, a small business that successfully utilized tradelines saw its credit score increase by 30 points within a few months, leading to a significant reduction in loan interest rates3.