TRADELINE FAQ


TRADELINE FAQ

FOR SELECTING TRADELINES

The amount by which a credit score can increase is different for everyone. We stick to a few rules of thumb when determining the benefits that you will receive:

  • Higher limits and older aged tradelines correlate to bigger credit score increases.
  • More older accounts make your file more solid.
  • If you have nothing on your credit file, you must select something at least 6 months old to generate a credit score and avoid a thin file error.
  • The fewer addresses you have on your credit report, the better. We can filter the list by address code to help you select lines from the same cardholder or we can help you with this one-on-one. 
  • All of our tradelines are under 30% unless otherwise noted in the comment section. All tradelines have a perfect payment history.
  • If you have negative items on your credit report, this can offset the boost that you could get. You may need to have a credit sweep, which we provide, in order to get the maximum boost possible from tradeline(s). Tradelines are not a band-aid, they are an enhancement. 

FYI Tradeline Questions

  1.  How much will my score increase?  Every client is different, but we recommend to follow the tips above in order to get the best possible boost to your credit score. If you have negative items on your credit report, this can offset the boost that you could get. You may need to have a credit sweep, which we provide in order to get the maximum boost possible from tradeline(s). Tradelines are not a band-aid, they are an enhancement.
    P.S. Higher limits and older aged tradelines correlate to bigger credit score increases.
    Age trumps credit limit (if you have more than 30% debt, you need both credit limit AND age).If you have nothing on your credit file, i.e. a thin file, you must select something at least 6 months old to generate a credit score and avoid a thin file error. The fewer addresses you have on your credit report, the better. We can filter the list by address code to help you select lines from the same cardholder or we can help you with this one-on-one.
    What can I do with my increased credit score? An increased credit score will allow you to secure better interest and approval rates on credit cards, car loans, and mortgages. It also impacts your car insurance rate, the ability to rent an apartment, put utilities in your name without a down payment, or personally guarantee your own business. Also certain professions/employers require a certain credit rating for employment. Having a higher credit score means better loan terms, hands down

What will happen when I'm removed from the tradeline? When your authorized user lease has expired, the information will remain on your credit file, however it will show as a closed account. This is fine because the more positive accounts on your credit file, the stronger your file will be. The most impact you will get out of the tradeline will be while you are in an active status on the tradeline. Your score may or may not dip slightly when your lease has expired. What we have seen historically is a dip when the authorized user is removed, but not to as low as it was before the tradeline was added. Every file is different. Don’t delay, take action as soon as your tradeline(s) have posted to your credit file. 

Do I receive a card? No. The tradeline you purchase will appear in your credit file, however you will not get the card. The goal of tradelines is for you to reap the benefit of a credit score increase/file solidification, then reach for your financial goals. What you are purchasing with tradelines is the information to be essentially copied and pasted in your credit file thus giving you an increase to your credit score in a very quick amount of time. 

** ALSO NOTE THAT IF THERE IS ANY ISSUE WITH YOUR ORDER OUTSIDE OF OUR CONTROL THAT IS WITHIN OUR CONTRACTUAL OBLIGATION, THEN WE WILL ISSUE A REPLACEMENT, OR A STORE CREDIT. NOT A REFUND**

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