What Are Authorized User Tradelines?
If you’re reading this blog, you probably have some
understanding of what tradelines are. In brief, authorized user tradelines are
credit card accounts that someone other than the primary account holder is
authorized to use. However, the authorized users aren’t actually able to use the
credit cards. So the question is why people spend hundreds of dollars to buy
authorized user tradelines.
Why Do
People Buy Authorized User Tradelines?
The answer can be traced back to the Equal Credit
Opportunity Act. This 40-year-old piece of legislation requires creditors to
report the account activity of all authorized user accounts to the three major
credit bureaus. So if you are listed as
an authorized user of someone else’s credit card account, that account will
appear on your credit report. As a result, the repayment history, credit limit,
and debt ratio of that account will impact your credit score.
People looking to establish or rebuild their credit history
want to buy authorized user tradelines that will positively impact their credit
scores. This means tradelines with flawless repayment histories, relatively
high credit limits, and low debt ratios. Most people also want to acquire
seasoned authorized tradelines because a “seasoned” tradeline is at least two
years old, and credit card accounts with long histories boost credit scores
more than accounts with short histories do.
In an industry rife with scammers and frauds, buying authorized user tradelines can be tricky business. Fortunately, Top Tradelines is an organization with a sterling reputation. Industry experts agree that it is one of the best places to buy authorized user tradelines. All of its authorized user tradelines are guaranteed to have flawless repayment histories and debt ratios below 10%. Also, www.TopTradelines.com has an online database of authorized user tradelines where you can easily browse for information like the name of creditors, credit limits, and price. So you if you’re in the market to buy authorized user tradelines, you should buy seasoned authorized tradelines at Top Tradelines.
#seasoned tradelines #authorized user tradelines #seasoned authorized user tradelines
Comments
Post a Comment