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Excellent credit scores - PowerPoint PPT Presentation

Upgrading Your Bad Credit Scores

Upgrading Your Bad Credit Scores

Tradelines are lines of credit reporting on your credit report, your credit card, home loan, auto loan, student loans etc. etc. are all considered credit tradelines. This is how it works, we add authorized user tradeline(s) to your credit report to help increase the credit score, add credit stability, decrease your overall owed debt ratio and most importantly to make you credit worthy. The way we accomplish this is by adding you to a credit card with determined amount of age and limit as an authorized user (AU). This process is also known as "credit piggybacking". AU Tradelines report as "open accounts" for a period of 30, after that period they will eventually report as "closed accounts" but will remain on your report and help maintain the credit score.

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96 views • 9 slides
Upgrading Your Bad Credit Scores

Upgrading Your Bad Credit Scores

Tradelines are lines of credit reporting on your credit report, your credit card, home loan, auto loan, student loans etc. etc. are all considered credit tradelines. This is how it works, we add authorized user tradeline(s) to your credit report to help increase the credit score, add credit stability, decrease your overall owed debt ratio and most importantly to make you credit worthy. The way we accomplish this is by adding you to a credit card with determined amount of age and limit as an authorized user (AU). This process is also known as "credit piggybacking". AU Tradelines report as "open accounts" for a period of 30, after that period they will eventually report as "closed accounts" but will remain on your report and help maintain the credit score.

★ ★ ★ ★ ★

97 views • 9 slides

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