What do you mean by Authorized User Tradelines?

A tradeline is an account that shows up on the credit report of the customer The tradelines can also be known as credit lines. It contains all the information about the account such as the date on which it is opened, the credit history of the credit holder, and other important information. Adding tradelines to your credit report will give it a systematic and eye-catchy look.

Factors to consider while buying a tradeline

Are you planning to buy tradelines? Well, you have made the right choice. Tradelines and CPN numbers are highly helpful in the enhancement of a credit score. The best part about them is that they show their impact very early and do not let the users wait for a longer time to enhance their score. Here are certain factors which make a tradeline good and worth buying:

1. Age

Age is an important factor you must pay attention to when you are buying a tradeline. The older the credit account will be, the better it will be for your credit score. When you choose a tradeline make sure the credit account is older than two years or more. The reason behind this is that an older account will have more credit activities in it. This can become beneficial for your credit score improvement.

2. Credit history

Another important factor that will affect your tradelines preference is credit history. Before finalizing a tradeline you must have a look at the credit history of the account holder. Make sure that they have a positive credit history. In case the credit history would be negative it will not be of any use to you. Rather it might affect your credit score in a negative manner.

3. Credit Limit

The credit limit as well as credit balances make a tradeline ideal to improve your credit score. The higher the credit limit of the primary, the better impact it will cause on your credit report. A higher credit limit increases the amount of our credit which will further make your report more attractive and interesting for lenders. Make sure to buy the tradelines with more credit limits.

4. Credit Utilization ratio

This is last but not least. It also has a direct impact on your credit score. An ideal credit utilization ratio is generally 20 percent or below. Buy a tradeline with optimum CLR. The tradelines with a nil CLR will not be any help in increasing your credit score. Whereas a tradeline with higher s is also not helpful in credit score repair.

Conclusion

These were some basic details about what is a tradeline and what to consider while choosing a suitable tradeline for you. Make sure you choose the tradeline which is real and has a good credit history. You can take help from tradeline companies while you buy and sell tradelines.

Shape My Score is a leading tradeline service provider having expertise in credit score repair by making use of tradelines and credit profile numbers. We have multiple tradeline packages you can choose from.