Primary tradelines are lines of credit that appear on your credit reports as accounts that are yours.
In most cases, these lines of credit are established just based on the premise of having a social security number.
In some cases you are required to have or have had established credit at one point.
The trick about them is, they normally do not approve or deny you based off your credit. A lot of credit repair companies sell these, but you’re in luck! When client sign up to be in my credit repair program, they are given FREE!
All a client has to do is make monthly payments, as instructed by the creditor, and watch the funds be released.
I have over 10 primary tradelines that I can offer to clients, but it is best to have at least 5 primary and 5 authorized user tradelines. I normally do a ratio of 2:1 favoring primary tradelines, but since they are so easy to access, a 1:1 ratio could work as well.
Authorized user tradelines are the opposite of primary tradelines, as they appear on your credit reports, but not as primary accounts. If you examine the lines once they post, the title or account will say authorized.
These could benefit a well-structured credit profile by adding age, credit limit, and lowering the credit utilization rate.
So for example, if you have a 3-5 year credit average for your profile, a mixture of primary tradelines, and authorized user tradelines that are no older than 5 years would be perfect.
One of the risk you run buying older authorized user tradelines, is your credit profile being flagged.
Can’t have a 2 year credit average and 3 lines that are 10 years old, on top of them being authorized user lines. If you’re looking for authorized user tradelines, you’re in luck again! I am an affiliate of several companies that sell tradelines at discounted prices.
Once your credit repair process is complete, I then offer authorized user tradelines. I do not sell these to clients who are not complete with their repair process, as you run the risk of dropping the score significantly.
FICO scores range from 300 to 850, where 850 is considered to be the best score achievable.
According to FICO.com, FICO scores have been rising in recent years, and 22% of the U.S. population now has a FICO score greater than 800, while only 4% has a FICO score lower than 500.
