toptradelines766
In the simplest terms, “tradelines( )” are credit accounts. If a tradeline is “seasoned”, the credit account has been in existence for more than 2 years. If you have many seasoned accounts on your credit reports and those accounts have clean repayment histories and high credit limits, then you likely have a high FICO score. Having a robust FICO is essential for securing credit at favorable rates of interest.
By using an intermediary like toptradelines.com, you will be connected with someone who has healthy seasoned tradelines. That individual will list you as an authorized user on one of his credit card accounts. By being listed as an authorized user, the complete credit history for that account will appear on your credit report. So within a little more than a month of being listed as an authorized user of an account, you will have account’s clean repayment history and credit limit posted to your credit reports. In most cases the immediate result is a score increase, and sometimes the increase is quite dramatic.
After considerable debate, the decision has been made by the creators and managers of the FICO formula to include the authorized user accounts in the new FICO 08 formula. This is great news for people who use the technique of using seasoned tradelines to increase their credit scores. This decision to include authorized user accounts was ultimately made because so many lenders complained that it would be a violation of Regulation B of the Equal Credit Opportunity Act of 1974.
After considerable debate, the decision has been made by the creators and managers of the FICO formula to include the authorized user accounts in the new FICO 08 formula. This is great news for people who use the technique of using seasoned top tradelines to increase their credit scores. This decision to include authorized user accounts was ultimately made because so many lenders complained that it would be a violation of Regulation B of the Equal Credit Opportunity Act of 1974.
On Toptradelines.com you can search the online database to find individual tradelines. In the database you will find the creditor’s name, the date on which account was opened, the age of the account, the credit limit, and the price you will have to pay for the tradelines. Advantages, you can choose the tradelines that fits your budget and score increase you will get from a tradelines with a particular set a characteristics.
A clean repayment history and a debt ratio below 10% are essential. There cannot be any 30-, 60-, or 90-day late payments on the account. Also, the outstanding balance on the account cannot be more than 10% of the credit limit. Reputable sellers of tradelines like TopTradelines guarantee that all of its tradelines satisfy both of these fundamental requirements. An old account, older than 2 years, is another important factor. A recent Top Tradelines review shows that it offers several tradelines younger than 2 years. Usually, the relatively young tradelines on TopTradelines are counterbalanced with fairly high credit limits.
In an industry rife with scammers and frauds, buying authorized user tradelines can be tricky business. Fortunately, top tradelines is an organization with a sterling reputation. Industry experts agree that it is one of the best places to buy authorized user tradelines. All of its authorized user tradelines are guaranteed to have flawless repayment histories and debt ratios below 10%. Also, top tradelines has an online database of authorized user tradelines where you can easily browse for information like the name of creditors, credit limits, and price. So you if you’re in the market to buy authorized user tradelines, you should buy seasoned authorized tradelines at top tradelines.
The seasoned authorized User tradelines that people buy are supposed to be credit card accounts with flawless repayment histories, relatively high credit limits, and low debt ratios. As mentioned above, that is not always the case. But at top tradelines, you are guaranteed to get the highest quality authorized user tradelines at the best value. When you search the top tradelines’ database you will see the particulars of every authorized user tradeline for sale, like the name of the creditor, credit limit, and price of the authorized tradeline. So it is a good idea to buy authorized user tradelines at top tradelines.
Top Tradelines is a financial services company that serves as an intermediary between individuals seeking to improve their credit history and those who would like to make a little money by helping them. The process is straightforward and perfectly legal. In essence, people who have clean and long credit card histories can earn a fee for authorizing people to be users on those accounts.
