The process of purchasing tradelines is becoming more and more popular in the world of credit repair and servicing. However, it is very important to note that not all companies view tradelines in the same way.

A company might use this information to determine whether or not you can make consistent payments in the future. Of course, some companies might view tradelines as a misrepresentation of your credit, as the credit that comes from AU tradelines is not really yours. Luckily, as tradelines become more and more popular, credit companies dismissing tradelines altogether is becoming increasingly rare. Also, there is no way for a company to rescore your credit as if the tradelines weren’t there.

How Do I Get Tradeline On My Report?

After purchasing a tradeline, you become an authorized user on another person’s credit card or another line of credit. The three major credit bureaus, including Experian, Equifax, and TransUnion, are notified when you get your tradelines. They will then make updates to your credit report to reflect this additional tradeline.

It is important to note that acquiring a tradeline could take up to 45 days, though there are cases where it happens fairly quickly, and you will be aware when a line should be posted.

When people don’t see the tradelines they just purchased pop up on their report right away, they often start worrying, which is why we consistently stress the importance of being mindful when buying them, as their posting date will be disclosed prior, and after, purchasing. You will likely have to wait a few weeks to see results for any specific credit-building application.

We recommend planning well in advance if your goal is to purchase a tradeline to apply for a mortgage or another large loan.

How To Boost My Credit With Authorized User Tradelines?

Every credit reporting bureau calculates scores with slight formulaic differences. Trying to determine how much a tradeline will boost your credit is very difficult, as they don’t have a universal metric. Of course, there are a few factors to consider which could alter the impact a tradeline has altogether.

It’s important to look at the tradeline’s available credit, whether regular payments are being made on it, and what the age of the tradeline is.

When it comes down to it, there is no guarantee that a tradeline will have the impact you are looking for. What is important is that you work to remove any bad marks on your credit score before applying for a tradeline, as a tradeline is not made to put a band-aid on delinquencies. On the other hand, tradelines work to accentuate what is already there in a positive manner.

If you have any further questions about what tradelines can do for your credit score, make sure to get in touch with us here at Personal Tradelines. We look forward to helping you find financial freedom and stability in your life with the positive impact of a great credit score.