What is a tradeline on your credit report?
A tradeline is a term used by credit reporting agencies to describe credit accounts listed on your credit report. For each account you have, there is a separate tradeline, which includes information about the creditor and the debt.
How does a tradeline work?
Buying tradelines is done through a third-party service for a fee, and prices can reach into thousands of dollars. (is based on the value of the tradeline) Once you purchase the tradeline, it will typically remain on your credit report as an open account for a short period, after which you’ll be removed from the credit card account.
How can tradelines help me?
If you have no credit or a low credit score, a tradeline can boost your credit so that you can get loans, credit card lines, rent an apartment, get better interest rates or purchase a car.
A tradeline will boost your score depending on what kind of tradeline you are adding to your file.
An authorized user tradeline is an account in which you are listed as an authorized user meaning you are not liable for any charges on the account. Typically, parents will add their children as authorized users of their credit cards so that they can receive a credit in their name to immediately show years of history associated with the account that helps to establish and build credit. If you are using family members’ credit it must be in good standing or it will affect your credit negatively.
You may also purchase a seasoned authorized tradeline that has been paid on time for several years which will boost your score expeditiously. The credit history of all the years of payment history will immediately show on your account boosting your credit score by 40-45 points which is the difference of getting approved for financing or saving thousands on interest rates. There are multiple options for tradelines depending upon your needs and how much you need to boost your credit score. Typically authorized tradelines to cost between $250-and $500 depending on the positive history, limits, and age of the tradeline. We also offer seasoned primary tradelines that will show up to a $15,000 credit line on your credit and boost your score 150-200 points. Once you purchase a tradeline it is guaranteed to post on your credit report or money back
Whats the difference between authorized user tradelines vs. primary tradelines?
A primary tradeline is an account on a person’s credit report in their name that has been granted a line of credit. That person is financially responsible for that account.
A secondary tradeline is an account on a person’s credit report but is not financially responsible for that account.
How much will a tradeline boost my credit?
Usually buying one trade line will increase your score 40-45 points. If you need a bigger increase you can just purchase more accounts. There are companies that offer up to 5 accounts that you can purchase which will give you an approximate increase of 200-225 points in your fico score but there are no guarantees that your credit score will go up.
Why Choose Us
Tradelines Support is our motto! Support! Support! Support!
We give you, the everyday consumer, the knowledge to make the best choices in finance. That gives you a chance to have the same opportunities as the elite that have had this knowledge for years.
- We are all about support. We are one-on-one with every single client to make them feel like they are the only client.
- We Show you the results! We give confirmation that your tradeline has been posted with a screenshot, posting date and on your next credit reporting period.
- We guarantee that all the tradelines don't have late payments and have perfect payment history.
- All our premium tradelines have a minimum of 25% utilization and 60% of our tradelines have a zero balance.