Tradeline Prime is a company that claims to help people improve their credit scores by adding tradelines to their credit reports. However, there is a lot of evidence that Tradeline Prime is a scam.
Company Overview
Tradeline Prime is a relatively new company, founded in 2019. They are based in the United States, but they do not have a physical address or phone number listed on their website.
Does Tradeline Prime Have Any License?
They do not have any licenses to operate in the financial services industry. They are not registered with the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), or any other regulatory body.
Is Tradeline Prime Regulated By Any Authority?
It is not regulated by any financial authority. This means that they are not subject to any oversight or regulation. This is a major red flag, as it suggests that Tradeline Prime is not a legitimate company.
Tradeline Prime Pros and Cons
Pros:
- Tradeline Prime claims to offer a fast and easy way to improve your credit score.
- They offer competitive pricing.
Cons:
- Tradeline Prime is not a legitimate company. They are not licensed or regulated by any financial authority.
- There is no evidence that Tradeline Prime actually helps to improve credit scores. In fact, there is some evidence that they may actually hurt your credit score.
- They have a history of complaints from customers who have been scammed.
How Does Tradeline Prime Reach To Their Prey?
TradelinePrime targets people with bad credit who are looking for ways to improve their credit scores. They often advertise on social media and search engines, using misleading and deceptive language. They may also cold call potential customers.
Technical Details of Tradeline Prime
Minimum Deposit:
The minimum deposit to open an account with Tradeline Prime is $250.
Trading Platform:
TradelinePrime does not offer a trading platform. They only offer the ability to purchase tradelines.
Spread:
The spread on tradelines offered by TradelinePrime is typically very high. This means that you will pay a lot more for the tradeline than you would if you bought it directly from the creditor.
Leverages:
TradelinePrime does not offer leverage. This means that you can only trade the amount of money that you have deposited into your account.
Packages and Products They Offer
TradelinePrime offers a variety of packages and products, each with a different price tag. The cheapest package costs $250, and the most expensive package costs $5,000.
Withdrawal and Deposit Method
The only way to withdraw money from your TradelinePrime account is by wire transfer. The minimum withdrawal amount is $250.
What Do Their Previous Traders Say?
There are many complaints about Tradeline Prime online. People have reported being scammed out of their money, and they have also reported that Tradeline Prime has not helped to improve their credit scores.
Summing Up- Why Should Not You Trust Tradeline Prime
There are many reasons why you should not trust TradelinePrime. They are not a legitimate company, they are not regulated by any financial authority, and there is no evidence that they actually help to improve credit scores. In fact, there is some evidence that they may actually hurt your credit score.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have been scammed by TradelinePrime, you should contact your local authorities. You should also file a complaint with our website. We will provide you with a free consultation and service recommendations to help you in recovering the lost fund. Also, you will have access to some of our lifetime exclusive regular content databases.
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Final Thoughts
Tradeline Prime is a scam. Do not trust them with your money. If you are looking for ways to improve your credit score, there are many legitimate companies that can help you. Tradeline Prime is not one of them.
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