Tradelines

What are trade lines?

A tradeline is simply any account that appears in your credit file, including mortgages, auto loans, student loans, and credit cards. Tradelines are important because your credit report depends entirely on how you manage your tradelines, and maintaining a positive credit record is essential for financial success.

There are many ways to add tradelines to your credit record, such as opening a credit card or getting a loan. The best way to build a positive credit file long-term is to open your own primary tradelines and keep them in good standing by always making payments on time.

However, when you open new accounts, especially if you have a limited credit history, they will have no age and often they will have low credit limits, which could actually hurt your credit score temporarily. As an alternative, you could add an authorized user tradeline to your credit file.

 

Why would you need tradelines? Isn’t credit repair enough?

Credit repair and tradelines naturally go hand-in-hand. In one sense, tradelines pick up right where credit repair ends. Again, credit repair helps to “clean up” credit and tradelines help build or re-establish positive credit history.

One really should not exist without the other; the two techniques are most effective if done in tandem. Since credit repair removes information from your credit file, it may be necessary to add positive information to your file in the form of tradelines in order to truly rebuild your credit.

 

 

CLICK THE LINK BELOW TO PURCHASE YOUR TRADELINES TODAY