Tradelines

Hello there! 

Have you ever wondered how a tradeline works or how to choose the right one that best suits you? Leave it to us to explain.

We will provide you all the information you need to know about tradelines with the purpose of explaining how it works. Will this fit you? Let's continue reading and see!

How does a tradeline work?

A tradeline is a credit account that is reporting  on your credit report. For instance, every single credit card is considered its individual tradeline. Your student loan, mortgage, and car loan is a tradeline. 

The type of tradelines that we give are called " Authorized User Tradelines"

with perfect payment history and low utilization. We do this by adding you as an authorized user to our tradeline. Some also refer to this method as "PiggyBackRiding" off of the account in good standing. This is possible because creditors will report to the credit bureaus the entire account history on any given tradeline for an authorized user. FICO will later take this newly added credit and reanalyze your score with an extreme upgrade.

How long does it take for a tradeline to come out on my credit report?

Tradelies usually would appear around 7-15 days after the statement date (given that you placed your order as a minimum three days before the statement date)

What can I do with my improved credit score?

an Expanded credit score will let you secure better interest and approval rates on credit cards, car loans, and mortgages. Plus, it also influences your car insurance rate, the capacity to rent an apartment, placed utilities for your name without a down payment or personally assures your personal business. Also certain professions/employers require a positive credit score rating for employment. A better credit score rating means greater approvals and decreased month -to -month payments.

How long will a tradeline remain on my credit score report?

we assure that our tradeline will stay on your report for at least two posting cycles that is a minimum 30 to 60 days. Note that enterprise average is only a 30 day posting. Note that when your lease has ended, the account will continue to be on your credit report.  It will simply alternate to a terminated authorized consumer status.