Authorized user tradelines are simple in theory (you add individuals as authorized users to credit cards in good standing and their credit scores increase). However, the practice of piggybacking authorized user tradelines becomes more complicated when it is applied to the unique nature of individual credit reports. As such, we dedicated this page to explaining the process and answering the most common questions concerning authorized user tradelines.
This page was written many years ago. The questions about authorized user tradelines have not changed that much, but it seems new wave of consumers have taken interest in the topic. They (maybe you?) typically search for terms that end in “…in 2019.” For example, “Do authorized user tradelines still work in 2019.” We’ve recently published many videos about tradelines. We wanted to update this page with the authorized user tradelines video.
What are tradelines?
Tradelines are a great tool to use, but they promote a lot of questions. This is a great FAQs page to visit prior to diving into some of the more complicated areas of trade lines.
If you have any other questions, please see other categories of tradelines to the right of this text or contact us.
According to experian.com a tradeline is an entry by a credit grantor to a consumer’s credit history maintained by a credit reporting agency. A tradeline describes the consumer’s account status and activity. Tradeline information includes names of companies where the applicant has accounts, dates accounts were opened, credit limits, types of accounts, balances owed and payment histories.
Authorized user tradelines mean only one thing: credit card revolving accounts onto which an individual is added as an authorized user.
“Tradelines” are the accounts listed in a credit report, such as mortgages, auto loans, credit cards, etc. An “authorized user” is a person which is given access to the account as a user, but who is not responsible for balance. While this is the definition, the term “authorized user tradelines” has become synonymous with a credit enhancement technique where people – like you – can pay to be added as an authorized user for the sole purpose of having the history associated with that account appear on the authorized user’s account. This – if the account is in good standing – can drastically improve the authorized user’s credit standing.
How long do authorized user tradelinesto take to post or report?
I never understood how companies can claim to have lines report within a specific time… on the basis of fact, that makes no sense. The truth is, each tradelines reports once per month.
If you order a tradeline on the 1st and it reports on the 20th, that tradeline is going to post in 20 days. The only time takes longer to post is in the scenario that you order a tradeline too close to the report date and you have to wait until the next reporting cycle (1 month plus a few days, give or take).
So, if you order a tradeline, it should be on your report within 30 days, tops. If the tradelines do not post within 30 days, then the company either dropped the ball or there is something wrong with your credit report (security freezes, fraud alerts, etc.).
Do authorized user tradelines (still) work (in 2017...or in 2019)?
Yes, despite all the propaganda about FICO 08, credit bureaus, etc., authorized user tradelines still work and we do this every single day.
We wrote here about whether or not tradelines still work, and here about the myths surrounding FICO 08. You can read about tradelines all day long and your head will spin with all the different opinions out there.
The best way to determine if it works is to buy a tradeline and find out yourself. What if it does not and you lose money? We have a $10,000.00 surety bond and a trust account… if the tradelines do not post, you get your money back or file a claim against our bond… no other company in the Country offers this kind of guarantee.
What are some reasons authorized user tradelines do not post?
Authorized user tradelines are tricky, which, by the way, makes it is worth it to purchase them from an experienced company in this field, like Superior Tradelines, LLC.
There are many reasons authorized user tradelines do not report to credit bureaus, which include the bank of the tradelines, the type of credit line at the bank, whether or not the primary user and authorized user share the same name or the same address, etc.
There are many more reasons why they tradelines refuse to post on an authorized users credit report, and we have yet to encounter a scenario in which we were unable to get the tradeline to post correctly.
Call us for more details.