You’ve decided it’s time to take the next big step. Maybe you want to buy a new car, get your dream home or even join college to chase your dream career. Whatever it is, it’s the move you’ve been dreaming of for a while. But it also requires a lot of financing; money that you may not entirely have.
So, you do the next best thing and head out to Capital One or your preferred lender to request a loan. It may be an auto loan, student loan, mortgage, or furniture loan, but a loan nonetheless. And as you go through your accounts and sort your documents, you realize something else is standing in your way. This time, it’s your credit score.
A credit score is a tool used by creditors to determine the risk of giving someone a loan. It gives them a good idea of the likelihood that the loanee will repay the said amount within an agreed period. Thus, it’s usually the difference between securing a loan and returning home empty-handed.
Sometimes, your credit score isn’t exactly what you need it to be. It may not be outright bad, but it’s probably not good enough to secure the loan you need. To get your home, auto, or student loan, you need to boost your score to a more desirable level. And traditionally, this has been a whole other difficult matter in itself.
However, it need not be. Enter AU tradelines for sale; probably your best bet at swinging a brand new key from your pinkie finger before the end of the year.
What are authorized user tradelines?
Authorized user tradelines are one of the quickest ways to boost your credit score in the market. They basically involve an authorized user and a tradeline (credit account). Therefore, authorized user (AU) tradelines can be broadly defined as tradelines shared with an authorized user.
A tradeline is an account that appears on your credit report. Tradelines make up the majority of your credit report and thus, impact your credit score.
When you become an authorized user on a tradeline, it’s assumed that you use it as the primary account holder. However, you don’t receive the actual card. Rather, any information about the account is linked to you, the authorized user. This in turn impacts your credit report and credit score.
What is the purpose of authorized user tradelines?
Turning bad credit into good credit is easier said than done. First, you have to open new credit accounts, take out credits, and make all your payments in time. And even as you do that, the negative marks from your original credit accounts will remain in your credit report for some time. Thus, it takes a long time to rebuild one’s credit score.
AU tradelines make the entire process significantly easier and faster. How?
When you are added as an authorized user, the payment history of the credit account reflects in your credit report. Note that there may be some exceptions depending on the bank.
However, it won’t show on your credit report when you were added to the credit card. Thus, if you become an AU on a credit card that is seven years old, it will appear as a 7-year-old credit card on your credit report.
This means that the credit scoring algorithms will assume that you’ve been on the tradeline for the past seven years. If the credit account has a perfect payment history, your credit report will reflect that and, thus, do your credit limit some justice.
Since AU tradelines involve sharing personal financial details, it’s often practiced between close relations. You’ve probably seen it among friends and family. For example, parents use their children’s credit accounts to boost their score, spouses their partner’s account, and children their sibling’s/parent’s accounts.
It is also possible to become an authorized user of a stranger’s account. Buying tradelines is actually an easier and faster way to find tradelines that best suit your credit report. However, you’ll need to work with an experienced and trusted tradeline seller, like us.
Benefits of Authorized User Tradelines
An AU tradeline is a powerful financing tool whose biggest benefit is improving the authorized user’s credit score. That’s of course, why you’re here, right? You want to improve your credit score. Well, being an authorized user means that you don’t have to spend years trying to build on your credit score.
Once you’re an authorized user, changes take between 15 and 30 days to reflect on your credit report. How fast your authorized tradeline reflects will depend on the following factors;
- Type of authorized tradeline purchased.
- How fast the tradeline company completes the paperwork
- Geographical distance from the primary cardholder
Fortunately, we have some of the fastest authorized tradeline reflecting times. So if you buy a tradeline from us, you will see a boosted credit score in a relatively short time. The benefits of a good credit score should then follow shortly. These include a higher credit card limit, better car insurance, easier approval for housing, and lower interest rates on loans and credit cards.
Buying a Tradeline: AU vs. Primary Tradelines
A primary tradeline is a credit account opened in your name. You probably own one in the form of a mortgage, credit card, or auto loan. The creditor extends credit to you, and you are financially responsible for this account. Since the tradeline is held in your name, some people believe that primary tradelines are superior to AU tradelines.
But as stated before, maintaining a strong primary tradeline takes years. You have to pay all your bills and credit card balances on time, something which many people have a hard time doing. As a result, buying primary tradelines has become a trend in the market. And while these may seem more attractive, they’re not always the best way forward.
Buying primary tradelines is a relatively risky affair with lots of scams and pitfalls Buying primary tradelines is a relatively risky affair with lots of scams and pitfalls aimed at clueless buyers. In fact, it’s pretty rare to purchase such a tradeline legitimately. Why? Well, how possible is it to buy an existing account with a good credit report, opened under your name but not opened by you? That’s pretty much the case with buying primary tradelines.
As a result, buyers are often involved in fraudulent and illegitimate practices, with or without their knowledge, and ultimately find themselves on the wrong side of the law.
But are authorized tradelines legal themselves? Well, it’s easy to see why someone would think they’re not. I mean, buying and enjoying the benefits of a stranger’s But are authorized tradelines legal themselves? Well, it’s easy to see why someone would think they’re not. I mean, buying and enjoying the benefits of a stranger’s tradeline doesn’t exactly sound legal. Fortunately, it is, otherwise we wouldn’t exist as a company in the tradeline industry.
How to choose an AU tradeline?
After examining your financial goals, current credit standings and deciding that an authorized user tradeline is the strongest next step for your situation, it’s time to buy. An AU tradeline marketplace offers variety and flexibility, making it the best place to buy a suitable tradeline. It may be easier said than done, but you can be sure that things will run significantly better with us by your side.
As you explore our tradeline inventory, keep in mind that anything about or affecting the credit account will also affect you, the authorized user. An AU tradeline can just as easily lower your credit score as it can boost it. Therefore, there are a few important factors to consider before selecting a tradeline. These include
- Low Credit Utilization Rate- The utilization rate of a credit account is the amount of revolving credit currently in use divided by the total amount of revolving credit available. For instance, if a tradeline has $1500 available and the balance is $500, the utilization rate is 66%.
Good credit accounts have a low utilization rate, which shows that the user is good at managing their debt responsibilities. The preferred utilization rate is typically below 30%. So, in the case above, buying the credit account will hurt your credit report.
- Zero Late Payments- The credit account should not have any late payments attached to it. Remember, its entire history is transferred to your credit report. Thus, any bad history attached to the tradeline will negatively impact your credit score.
- At Least Two Years Old- You should look for a seasoned tradeline, i.e., one that has been open for a certain period. Lenders usually define their preferred ‘seasoning,’ and this differs from one institution to another. However, two years is usually the minimum amount of time needed for a lender to consider a tradeline seasoned. The longer the seasoning, the bigger the impact the tradeline will have on your credit score.
Why pick us over other companies?
Your best bet to finding a good authorized user tradeline is via a tradeline Your best bet for finding a good authorized user tradeline is via a tradeline marketplace. But with so many companies out there, It can be tricky to choose a marketplace. So, who should you pick?
Well, us, obviously. What follows may sound like some hollow chest-thumping, but seriously, it’s justified. We take pride in being one of the best tradeline companies you’ll ever find on the internet. Why?
FFor starters, we’ve been in this business since 2010. Those ten years of experience are backed up by;
- A passion for what we do, and
- Immense dedication to helping individuals own their financial future.
So, we have become industry leaders by believing in and putting effort into creating a tradeline seller that you can trust. Over the past decade, we have worked with thousands of clients and brokers and helped countless individuals raise their credit scores.
Currently, we are partnering with hundreds of cardholders to give you one of the largest AU inventories in the market. Our tradeline network consists of more than 200 cardholders, all with a good to excellent credit history. The wide variety of cardholders ensures that our customers almost always get what they are looking for.
Our online inventory may be large, but it’s also one of the easiest to use. Changes are updated as they occur, allowing you to view and purchase authorized user tradelines in real-time.
What if you encounter a problem? Well, don’t fret; we will handle it. Our team consists of well-trained and responsive staff that is always at hand to meet your needs. This is not one of those situations where customer care ignores you for a week before replying like a badly coded chatbot. Rather, our staff assures you of helpful responses within 24 hours of making your inquiry. If the issue runs a little bit deeper, we will be with you every step of the way until it is resolved to your satisfaction.
So, you would think our prices are well on the premium end, right? Wrong!. Despite offering premium-level AU tradeline options and support, we run a relatively affordable marketplace. Whatever your AU needs may be, you won’t find better prices in the market. Our wide selection of AU tradelines is available at a deeply discounted rate that guarantees you the lowest prices in the industry. And that’s without sacrificing the quality in the process.
Last but not least, our customers enjoy a no-risk guarantee. We know that buying Last but not least, our customers enjoy a no-risk guarantee. We know that buying tradelines comes with some pretty scary risks attached. For instance, your tradeline may fail to post on your credit report. This means that despite being an authorized user, it will not affect your credit score in any way. In such cases, we provide full refunds to our customers. So, as you browse our inventory of AU tradelines, you should be confident that we have your back in case of anything.