Tradelines improve your credit history!
cpnsupply
It’s no secret that any lender will value your credit score and having a bad credit or low score could limit you to what you want or are willing to achieve, so it would be convenient and necessary to add some commercial lines which would be ideal to balance your credit history score no matter how many negative accounts you have. This is the magic of commercial lines
When you purchase a trade line, you immediately become a user with access to someone else’s credit account temporarily, of course. By purchasing the temporary use of someone else’s credit, you become a beneficiary of that person’s good credit and financial judgment.
Once the trade line appears on your credit file, it will be added to your credit history. In addition, potential lenders or banking institutions will see a long credit history or a positive payment history that you did not have before.
You may be wondering, is it legal to sell a credit history?
Absolutely, selling your credit history is legal, just like buying someone else’s credit history. There are no laws against buying and selling tradelines. But, one thing you should be sure of is that the company you are working with is a real business line.
Can an Authorized User Affect My Credit?
If you’ve worked hard to establish good credit, it’s understandable that you want to protect it. As a result, you may be wondering if selling access to your tradelines will have a negative impact on your credit.
When you sell a tradelines, the authorized user does not have access to your credit account. For example, if you sell your credit card as a tradelines, the authorized user will never see your card number, will not receive a physical card, and will not be able to charge anything to your account.
However, selling a tradelines is not without risk. The main thing to be careful of is adding too many authorized users to your account, as this could cause your creditor to suspend or even cancel your account.
In other words, if you are overzealous about selling access to your account, it could be a red flag to creditors.
This is why most reputable tradelines companies recommend limiting each credit account they sell to a certain number of authorized users at a time.
