TRADELINE CHEAT SHEET

   Tradeline Cheat Sheet

Tradeline Cheat Sheet! Awesome Info ;)

"Making your Credit Report Work For You With Profile Adding Strategies And Score Boost"

Hey there! Below you will find our Tradeline Cheat Sheet questions.

“What is a Tradeline? How Does it Work?”

A tradeline is a credit line/account that is on your credit report. For example, any of your credit cards are considered tradelines on your credit report. Your car note is a tradeline. Your mortgage is a tradeline. A student loan reporting to your credit report is a tradeline. The type of tradelines that you can buy( MEMBERS PAGE) or get added onto from a friend or family member are Authorized User tradelines and should have perfect payment history and low utilization (under 20%). They do this by adding you as an authorized user to a tradeline, allowing you to “piggyback” off of the account in good standing. This is possible because creditors will provide credit bureaus the entire account history on any given tradeline for an authorized user. Your credit report digests this newly added credit and can recalculate your score and credit worthiness.

Tips For Selecting The Best Tradelines:

1. Higher limits and older aged tradelines correlate to bigger credit score increases.

2. More older accounts make your file more solid.

3. If you have nothing on your credit file, you must select something at least 2 years old to generate a credit score and avoid a thin file error.

4. The fewer addresses you have on your credit report, the better.

5. Any tradeline you ever purchase, you want to make sure it's utilization is under 25% generally and it has perfect payment history.

6. If you have negative items on your credit report, this can offset the boost that you could get. You may need to do credit repair.

“What is an Age Progressional Tradeline Package?”

it's a truly unique and powerful custom service called the "Age Progressional Tradeline Package." It's a hand selected pack of tradelines prescribed to decrease the weaknesses in your credit score, which increases your credit score. The oldest tradeline is a lower credit limit, and the newer tradelines are higher credit limits. This is to show that your credit has gotten better over time. Age Progressional Tradeline Package tradelines are selected from the same cardholder, or two cardholders max, to ensure the addresses are kept to a minimum. This also ensures easy, breezy posting to your credit report.

“How Long Does It Take For Tradelines to Report?”

Typically tradelines report 15 days AFTER the statement date given you placed your order at least 3 DAYS BEFORE the statement date.( Ask the tradeline provider ( In members section) for the statement date of the card you want added to your credit report.

“Should You Remove Fraud Alerts Before Adding Tradelines?”

Yes. Fraud alerts, credit freezes and other types of locks, block new information from showing up on your report. If you don’t remove the fraud alerts/locks then the tradeline will not post properly. It's your responsibility to call each credit bureau and remove the fraud alert. It is a simple phone call to each bureau to remove it. You can always add the fraud alert back as soon as the tradeline reports if you wish.

BONUS: GET A LIST OF MY ACCOUNTS I USE INSTANT $5000 REPORTING TO YOUR CREDIT FILE.

*BONUS Resources 2:  INCLUDED additional for accounts that gave me an instant 10K reporting on my credit profile.