Low credit scores can have far reaching effects. It often exposes the consumer to higher interest rates or denial when applying for credit cards , mortgages and loans of any type. Establishing credit can take several years and any negative blips on your credit history can stop your scores from reaching their highest potential. But what if you needed a uplift to your score to obtain better rates on loans or you need a jump start to begin establishing credit that what this services offer through the use of piggybacking season trade lines. A seasoned tradeline is a line of credit that the borrower has held open in good standing for a long period of time, typically at least 2 years. The "seasoned" part simply implies that the account is aged or that it has an established history. "Piggybacking" tradelines is a practice involving seasoned tradelines, which uses a creditworthy borrower's accounts to improve the credit rating of an unrelated third party.The creditworthy borrower adds the third party as an authorized user of his lines of credit, but does not actually provide the third party with materials (credit cards, account numbers, etc.) that would permit the third party to make charges against that account.The benefit to the third party is an improvement in their personal credit rating—their credit score increases. However, this does not change their entire credit record, but merely increases their credit score as a result of the newly added tradeline. This may make the third party look like a better credit risk, and may improve the third party's access to new credit or increase their score enough to make them eligible to the better rates across the board

 

 

How It Works:

 

• Purchase Trade line a maximum of 3 trade lines is recommended per person

• Fill out credit reporting form (this form is emailed after payment is received)

• Wait for the trade line line to be reported which could potentially take 30 to 60 days depending on when the trade line reports and when the trade line was purchased, during this period refrain from applying for credit , have all our credit guideline protocols in place so that the tradeline will have maximum effectiveness

• Once reported take advantage of your credit increase