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.
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