How Does it Work?
Our process is pretty simple, we help you to select the card that will help you reach your goals. You are then added as an Authorized User on that card for a period of 3-6 months. This practice is sometimes called credit piggybacking and it’s 100% legal, protected by the Equal Credit Opportunity Act. Since the 1990s, millions of Americans have used credit piggybacking to obtain competitive financing for homes, cards and secure business loans- and now YOU CAN TOO!
Why does this work?
Credit card companies created the ability to add authorized users so that primary cardholders have the ability to add their employees, family members, dependants and friends to their accounts. This resulted in the account history for that credit card appearing on the authorized user’s credit report. This gives the new user a Boost in their Credit score, and allows them to get the best loans and the better interest rates than they had access to before!
The Tradeline Company has conducted extensive research on the consumer laws that protect our rights to fair credit reporting. The entire process is completely legal and is actually protected by the Equal Credit Opportunity Act (ECOA)
How big of a boost can I expect on my credit score?
The resulting credit score boost is different for everyone. The boost depends on what is currently in your credit report and the type of tradeline you purchase from us. We offer a complimentary credit review to help select the best types of tradelines to add to your report. Typically this is what we have found:
1. The more tradelines (credit cards) we add to your credit report, the larger your credit score boost will be.
2. The higher the limit on the tradelines we add, the bigger the boost will be.
3. The longer the history for the tradelines (credit cards) you choose to add to your credit report, the bigger the boost will be
