{"id":17945,"date":"2022-08-26T13:27:40","date_gmt":"2022-08-26T12:27:40","guid":{"rendered":"https:\/\/blinkx.com\/?p=7357"},"modified":"2023-08-24T16:19:04","modified_gmt":"2023-08-24T15:19:04","slug":"tradelines-like-my-jewelers-club","status":"publish","type":"post","link":"https:\/\/businessfinancenews.com\/credit\/tradelines-like-my-jewelers-club\/","title":{"rendered":"Tradelines Like My Jewelers&#8217; Club"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Tradelines Like My Jewelers&#8217; Club<\/h2>\n\n\n\n<p>The tradelines like My Jewelers\u00b4 Club have been closed after September 2022 as the FICO 10 algorithmic model excludes entries from tradelines that were just selling a credit line in exchange for a membership fee. <\/p>\n\n\n\n<p>This exclusion also applies to other tradelines studied on our website such as the New Coast tradeline, a company with very negative reviews.<\/p>\n\n\n\n<p>So as alternative tradelines just like My Jeweler\u00b4s, they are now all closed as tradelines. But you have the Experian Boost account to connect your online payments so they generate entries that are reported with Experian as line items.<\/p>\n\n\n\n<p>Likewise, we can recommend the Extra debit card that has a small monthly fee. Let\u00b4s see both of these options, that can be combined together.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Experian Boost<sup>TM\u00a0<\/sup><\/h3>\n\n\n\n<p>It is suitable for people that want to get credit for paying bills like Verizon, AT&amp;T, Netflix\u00ae, Spectrum, Disney+, Hulu, HBO, and other phones, streaming, and utility bills. It\u2019s simple to create a free\u00a0Experian\u00a0account and then connect it to the bank used to pay your utility bills like the ones mentioned above.<\/p>\n\n\n\n<p>Experian&nbsp;will not have access to any of your bank funds. Once an account is connected, the feature scans transactions for on-time utility, cell phone, and streaming video plans, and only pulls positive payment history, which means it won\u2019t report any negative information that could lower your credit score. Users also have the option to exclude any payments they don\u2019t want to be added to their credit file.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"pros\">Features<\/h4>\n\n\n\n<ul><li>Raise your FICO\u00ae Score instantly<\/li><li>Connect the bank account(s) you use to pay your bills. Your information remains private<\/li><li>Choose and verify the positive payment history you want to be added to your Experian credit file<\/li><li>See your boost results instantly<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"cons\">Credit Bureaus<\/h4>\n\n\n\n<ul><li>Reports to Experian<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Extra Debit Card<\/h3>\n\n\n\n<p>It is suitable for consumers that want the simplicity of building credit without taking on new debt. The\u00a0Extra Debit Card\u2019s\u00a0spending limit is based on your bank account balance and other factors.<\/p>\n\n\n\n<p>When you use the&nbsp;Extra Debit Card, they will cover the purchase and then pay themselves back from your bank account the next business day.<\/p>\n\n\n\n<p>At the end of each month, your total purchases are reported to the credit bureaus as payments.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"pros\">Features<\/h4>\n\n\n\n<ul><li>There is no credit check required.<\/li><li>Build a positive credit history using a debit card.<\/li><li>Monthly fee is $7 with no rewards.<\/li><li>Earn 1% in reward points with the $12 monthly fee.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"cons\">Credit Bureaus<\/h4>\n\n\n\n<ul><li>Reports to Experian and Equifax<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><br><\/strong>Elite Jewelry&nbsp;Club&nbsp;Card<\/h2>\n\n\n\n<p>Another tradeline business and a direct alternative to My Jeweler. It is still offering credit lines in 2022.<\/p>\n\n\n\n<p>However, we have not tested this service as in other reviews we do. Therefore, we cannot assure you how legitimate this business is.<\/p>\n\n\n\n<p>With the global rollout of the FICO 10 algorithm achieved at the end of 2022<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">AG Jewelers Club<\/h2>\n\n\n\n<p>AG Jewelers Club, now called Intrigue Fine Jewelry, is not opening any more credit lines for customers, This company was our first alternative to My Jeweler\u00b4s.<\/p>\n\n\n\n<p>However, after September 2022, we do not recommend it anymore. The only advantage of these companies was to report the payment of a credit line and this has concluded now.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">My Jewelers Club $5,000<\/h2>\n\n\n\n<p>The appeal for customers with poor or no history of paying their bills was the high limit, often $5,000 or more, reported to their respective bureaus. <\/p>\n\n\n\n<p>Lenders did not use any specific underwriting criteria when determining whether they approve or deny an application for a loan. If memberships were paid for by customers, My Jewelry Club approved a primary tradeline of at least $5,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tradelines Like My Jewelers&#8217; Club The tradelines like My Jewelers\u00b4 Club have been closed after September 2022 as the FICO 10 algorithmic model excludes entries from tradelines that were just selling a credit line in exchange for a membership fee. This exclusion also applies to other tradelines studied on our website such as the New &#8230; <a title=\"Tradelines Like My Jewelers&#8217; Club\" class=\"read-more\" href=\"https:\/\/businessfinancenews.com\/credit\/tradelines-like-my-jewelers-club\/\" aria-label=\"More on Tradelines Like My Jewelers&#8217; Club\">Read more<\/a><\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[44],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tradelines Like My Jewelers&#039; Club - Business Finance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/businessfinancenews.com\/credit\/tradelines-like-my-jewelers-club\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tradelines Like My Jewelers&#039; Club - Business Finance\" \/>\n<meta property=\"og:description\" content=\"Tradelines Like My Jewelers&#8217; Club The tradelines like My Jewelers\u00b4 Club have been closed after September 2022 as the FICO 10 algorithmic model excludes entries from tradelines that were just selling a credit line in exchange for a membership fee. This exclusion also applies to other tradelines studied on our website such as the New ... 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Since some credit situations are more complex than others, credit repair companies can help you resolve credit issues that would otherwise be hard to do on your own.\r\n\r\nCredit repair companies will start by pulling your credit reports from the three major credit bureaus\u2014TransUnion\u00ae, Experian\u00ae and Equifax\u00ae. Since some credit agencies only report to one credit bureau, there may be errors on one report that won\u2019t appear on another, which is why it\u2019s important for credit repair companies to pull all three.\r\n\r\nWhen reviewing your credit reports, credit repair companies will look for the following errors:\r\n<ul>\r\n \t<li>Incorrect inquiries<\/li>\r\n \t<li>Inaccurate accounts<\/li>\r\n \t<li>Accounts that don\u2019t belong to you<\/li>\r\n \t<li>Duplicate accounts<\/li>\r\n \t<li>Delinquencies and derogatory marks<\/li>\r\n \t<li>Fraudulent activity<\/li>\r\n \t<li>Missing accounts that should be listed on your reports<\/li>\r\n<\/ul>\r\nOnce they\u2019ve identified these errors, they may ask for extra documentation to help prove the inaccuracies. With all the necessary information, they\u2019ll file the disputes and work with the credit bureaus to resolve the issues.\r\n\r\nThese companies will also help answer any questions you may have about your credit and once the errors have been disputed, they\u2019ll provide you with information on strategies you can use to help keep a healthy credit profile.\r\n<h3><span id=\"How_to_know_if_a_credit_repair_company_is_legitimate\">How to know if a credit repair company is legitimate<\/span><\/h3>\r\nWhile there are many legitimate credit repair companies the industry is also filled with its fair share of scammers. Doing thorough research on the companies you\u2019re looking to work with can save you time and money. To verify a credit repair company\u2019s legitimacy, you\u2019ll need to know what they\u2019re legally allowed to do and not do.\r\n\r\nThe Credit Repair Organizations Act (CROA) was put into place to help regulate the industry and protect consumers from illegal credit repair scams. Under CROA, credit repair companies are not allowed to guarantee the removal of negative items, cannot offer to create a new credit profile for you and cannot accept payment until after the services have been completed.\r\n\r\nWhen determining good credit repair companies from bad ones, look out for the following red flags:\r\n<ul>\r\n \t<li><strong>They request payment up front.<\/strong>\u00a0All payments must be made after the services have been completed.<\/li>\r\n \t<li><strong>They\u2019re unable to answer your questions.<\/strong>\u00a0Legitimate companies will provide answers to any and all questions that may arise.<\/li>\r\n \t<li><strong>They ask you to lie about your credit history.<\/strong>\u00a0Under CROA, companies are prohibited from asking you to lie or misrepresent your information.<\/li>\r\n \t<li><strong>They fail to provide information.<\/strong>\u00a0Reputable companies will always inform you of your rights as a consumer.<\/li>\r\n<\/ul>\r\n<\/div>\r\n<div>\r\n<p class=\"after-tip\">Legitimate credit repair companies will be up front about how they can assist you and what services they think will work in your favor. They\u2019re here to help you understand your credit standing and want to work with you to improve your credit score.<\/p>\r\n\r\n<h3><span id=\"How_much_does_it_cost_to_repair_my_credit\">How much does it cost to repair my credit?<\/span><\/h3>\r\nHow much you pay for credit repair will depend on the company and your credit situation. Some consumers may only need a few errors disputed, while some may require more in-depth credit repair services. How you pay for these services vary from company to company, as each has its own payment structure. Some companies may require you to pay a one-time flat fee, pay per derogatory mark or charge a monthly payment.\r\n\r\nCredit repair companies cannot charge you until the work outlined in your contract is complete. The contract should also outline your right to cancel without penalty should you wish to do so.\r\n\r\n<\/div>\r\n<div>\r\n<p class=\"after-tip\">We offer a variety of service levels to support every budget and need. Our credit repair service levels range from $95.95 to $139.95 and each option offers unique coverage to fix errors on your credit report.<\/p>\r\n\r\n<\/div>","parent":0,"count":18,"filter":"raw","cat_ID":44,"category_count":18,"category_description":"<div>\r\n\r\nCredit repair companies help you dispute inaccuracies on your reports with credit bureaus and creditors to help improve your credit score, while also helping you understand your credit standing. Since some credit situations are more complex than others, credit repair companies can help you resolve credit issues that would otherwise be hard to do on your own.\r\n\r\nCredit repair companies will start by pulling your credit reports from the three major credit bureaus\u2014TransUnion\u00ae, Experian\u00ae and Equifax\u00ae. Since some credit agencies only report to one credit bureau, there may be errors on one report that won\u2019t appear on another, which is why it\u2019s important for credit repair companies to pull all three.\r\n\r\nWhen reviewing your credit reports, credit repair companies will look for the following errors:\r\n<ul>\r\n \t<li>Incorrect inquiries<\/li>\r\n \t<li>Inaccurate accounts<\/li>\r\n \t<li>Accounts that don\u2019t belong to you<\/li>\r\n \t<li>Duplicate accounts<\/li>\r\n \t<li>Delinquencies and derogatory marks<\/li>\r\n \t<li>Fraudulent activity<\/li>\r\n \t<li>Missing accounts that should be listed on your reports<\/li>\r\n<\/ul>\r\nOnce they\u2019ve identified these errors, they may ask for extra documentation to help prove the inaccuracies. With all the necessary information, they\u2019ll file the disputes and work with the credit bureaus to resolve the issues.\r\n\r\nThese companies will also help answer any questions you may have about your credit and once the errors have been disputed, they\u2019ll provide you with information on strategies you can use to help keep a healthy credit profile.\r\n<h3><span id=\"How_to_know_if_a_credit_repair_company_is_legitimate\">How to know if a credit repair company is legitimate<\/span><\/h3>\r\nWhile there are many legitimate credit repair companies the industry is also filled with its fair share of scammers. Doing thorough research on the companies you\u2019re looking to work with can save you time and money. To verify a credit repair company\u2019s legitimacy, you\u2019ll need to know what they\u2019re legally allowed to do and not do.\r\n\r\nThe Credit Repair Organizations Act (CROA) was put into place to help regulate the industry and protect consumers from illegal credit repair scams. Under CROA, credit repair companies are not allowed to guarantee the removal of negative items, cannot offer to create a new credit profile for you and cannot accept payment until after the services have been completed.\r\n\r\nWhen determining good credit repair companies from bad ones, look out for the following red flags:\r\n<ul>\r\n \t<li><strong>They request payment up front.<\/strong>\u00a0All payments must be made after the services have been completed.<\/li>\r\n \t<li><strong>They\u2019re unable to answer your questions.<\/strong>\u00a0Legitimate companies will provide answers to any and all questions that may arise.<\/li>\r\n \t<li><strong>They ask you to lie about your credit history.<\/strong>\u00a0Under CROA, companies are prohibited from asking you to lie or misrepresent your information.<\/li>\r\n \t<li><strong>They fail to provide information.<\/strong>\u00a0Reputable companies will always inform you of your rights as a consumer.<\/li>\r\n<\/ul>\r\n<\/div>\r\n<div>\r\n<p class=\"after-tip\">Legitimate credit repair companies will be up front about how they can assist you and what services they think will work in your favor. They\u2019re here to help you understand your credit standing and want to work with you to improve your credit score.<\/p>\r\n\r\n<h3><span id=\"How_much_does_it_cost_to_repair_my_credit\">How much does it cost to repair my credit?<\/span><\/h3>\r\nHow much you pay for credit repair will depend on the company and your credit situation. Some consumers may only need a few errors disputed, while some may require more in-depth credit repair services. How you pay for these services vary from company to company, as each has its own payment structure. Some companies may require you to pay a one-time flat fee, pay per derogatory mark or charge a monthly payment.\r\n\r\nCredit repair companies cannot charge you until the work outlined in your contract is complete. The contract should also outline your right to cancel without penalty should you wish to do so.\r\n\r\n<\/div>\r\n<div>\r\n<p class=\"after-tip\">We offer a variety of service levels to support every budget and need. Our credit repair service levels range from $95.95 to $139.95 and each option offers unique coverage to fix errors on your credit report.<\/p>\r\n\r\n<\/div>","cat_name":"Credit","category_nicename":"credit","category_parent":0}],"tag_info":false,"_links":{"self":[{"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/posts\/17945"}],"collection":[{"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/comments?post=17945"}],"version-history":[{"count":1,"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/posts\/17945\/revisions"}],"predecessor-version":[{"id":18071,"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/posts\/17945\/revisions\/18071"}],"wp:attachment":[{"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/media?parent=17945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/categories?post=17945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businessfinancenews.com\/wp-json\/wp\/v2\/tags?post=17945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}