First, plain and simple… it’s nearly impossible to add tradelines to your credit report within 24 to 48 hours. We wrote this article to address client questions and inquiries regarding the time it takes to add tradelines to your credit report. I know this isn’t what you “want” to hear, but it is something you “should” hear. It’s important to arm yourself with the truth about tradelines. This is especially true given the fact that many companies want to hide the truth from you.
What determines how long it takes to add tradelines to your credit report?
In order for you to add tradelines to your credit report, you must be added as an authorized user prior to the statement date. To understand how long it takes to add tradelines to your credit report, you must be familiar with two concepts: statement dates and report dates.
- Statement dates are the dates the banks close the billing cycle. Your statement date on a credit card happens every 30 days and this date can fluctuate a few days depending on the number of days in the month.
- Report dates are the dates on which the banks and creditors report the tradeline (or credit card) information to the credit bureaus.
Here’s an example of a statement date and a report date back to back:
- The “statement date” for the month shown is “9/21/2012”. This means that the statement date of the previous month was 8/21/2012.
- The second line from the bottom shows when the tradeline reported. This line reported to the credit report on 8/21/2012 for TransUnion, 8/23/2012 for Experian and 9/1/2012 for Equifax.
As you may recall, I said that it is “nearly impossible” to add tradelines to your credit report within 24 to 48 hours. Well, in this case, you could have for TransUnion, if you were added before midnight on 8/21/2012 (although, it’s doubtful it would have worked that fast). However, even if you were added on 8/21/2012, the tradeline would not have REPORTED until 72 hours later on Experian, and 7 days later on Equifax. No tradeline company has control over this. Therefore, if they give you an unrealistic date, they are probably deceiving you (or don’t know what they are doing).
With that said, how long does it take to add tradelines to your credit report?
Here, at Superior Tradelines, we give clients a 15 to 45-day window. While we’ve seen cases of reporting in just a few days, we typically say that the soonest you will see the line is in 15 days. This gives us time to handle agreements, payments, and otherwise facilitate the transaction. The tradeline selected determines how long it will takes to report.
If today is the 1st, and you pick a line that reports on the 28th, then you are waiting 27 days before the line even reports to the bureaus. And, as you’ve seen above, you have another few days before the line hits across all three credit bureaus.
Is there such thing as an “expedited service” for tradelines?
Not really, but let’s define “expedited service” in a bunch of different ways for clarity. Expedited service can exist if you mean properly handling the transaction and making sure there are no unreasonable delays. In other words, being responsible. Then, yes. Expedited services can exist if you mean selecting a tradeline with a fast approaching statement date/report date; a date closest to the day you purchased the tradelines.
However, there is no “special” way to speed up the process. That’s just marketing gimmicks, at that point.
What’s more important than the time it takes to add tradelines to your credit report?
In short, the time it takes to add tradelines to your credit report should be a secondary consideration. The tradeline that you choose is a much more important consideration. Whether you are dealing with a solid company that is competent in this field is much more important. If you are looking to purchases seasoned tradelines, you’ve come to the right place.
Updated: November 10, 2021