Tradelines, also known as Authorized User Tradelines are credit accounts that post to your credit report. Every credit account whether in good or bad standing are normally called tradelines or a trade reference. As Experian unequivocally stated a tradeline is an entry by a credit grantor to a consumers credit history maintained by a credit reporting agency. Anyone who has a line of credit like a credit card or something of that matter has a tradeline.
Nowadays companies like us sell affordable seasoned tradelines so that people can conquer their credit score. Tradelines can help you boost your credit score if the tradeline has good payment history, a low balance and longevity. When a company like us adds you to a authorized user tradeline you can reap the benefits or disadvantages of the tradeline. Tradelines can boost or hurt your credit score. It is important to get added onto a tradeline that is in good standing. Tradeline information includes the name of the company where the applicant has an account, the date the account was opened, the credit limit, the type of account, the balance and payment history. Lots of people with low or poor credit purchase tradelines so that they can piggyback off someone who has been paying their payments, keeps a low balance, has longevity, etc.
Seasoned Tradelines are the tradelines you buy so that you can be added for the duration of one month until the tradeline posts to your account. After the tradeline posts to your account and you are satisfied your name can be removed from the tradeline. The tradeline can possibly leave a great lasting impression on your credit history. So to sum it all up tradelines are typically revolving lines of credit on which someone or some company places another as an authorized user account holder. On the posting date, the tradeline then appears on the users credit report. If someone wants to be posted on the tradelines upcoming posting date then they must get added on the tradeline before the statement date of the tradeline.