Frequently Asked Questions
1.) Is there such a thing as an automobile authorized user tradelines?
No, authorized user tradelines and the practice of buying them for credit score improvement are related to credit cards and credit cards alone. They don’t work for auto loans.
2.) Is there such a thing as a mortgage authorized user tradelines?
Same answer as above. Authorized user tradelines and the practice of buying them for credit score improvement are related to credit cards and credit cards alone.
3.) Do seasoned tradelines help after bankruptcy?
That all depends on what state your credit was left in. If your credit was a mess, all your accounts were discharged, and you have relatively nothing on your credit report, then it could potentially help. But if you reaffirm your accounts, and you still have derogatory items after the bankruptcy, then tradelines wouldn’t help as much.
4.) How long does it take for an authorized user tradeline to post to a credit report?
Typically within 30 days. Each tradeline reports once per month. If you order a tradeline on the 1st and it reports on the 20th, that tradeline is going to be posted in 20 days. The only time it 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.).
5.) Does making someone an authorized user help their credit?
Not always, but it can if it’s done correctly. The tradeline has to be of sufficient quality with a high enough limit, low balance, and perfect payment history. Too many negative items on the report will prevent it from helping.
6.) Can piggybacking credit hurt your credit?
In some cases, it could. If the tradeline you’re added to has missed payments, high balance, and an imperfect payment history, the tradeline could actually hurt your credit.
7.) Do authorized user tradelines still work?
Yes, since 1974 the law has not changed. Despite all the propaganda about FICO 08, credit bureaus, etc., authorized user tradelines still work and we do this every single day.
8.) What are some reasons authorized user tradelines do not report?
There could be several reasons. There may have been data glitches at the bank, or the authorized user has security freezes or fraud alerts on their credit report which prevents the tradeline from showing up. It’s also possible that the authorized user was added too close to the reporting date, so the tradeline didn’t get on for that cycle.
There are many more reasons why tradelines do not post on an authorized users credit report, but we have yet to encounter a scenario in which we were unable to get the tradeline to post correctly.
9.) Are primary tradelines better than authorized user tradelines?
To cut to the chase – no. You cannot buy primary tradelines like authorized user tradelines. This is a common misconception, and we’ve written quite a bit about it here, if you’d like to learn more.
10.) Can I add too many tradelines?
More tradelines = better score? Yes, but there’s limits. It is possible to add too many tradelines. A lot of clients ask how many tradelines to add for optimal credit score results. So, we wrote this article (and published a video regarding the same thing) to answer that question.